Abstract
Continuous improvement is a management approach of enhancing processes using small incremental improvements. This study attempts to access the significant barriers and benefits using interpretive structural modelling, options field methodology (OFM), options profile methodology (OPM), analytic hierarchy process (AHP), fuzzy set theory (FST) and impact of independent initiatives on dependent initiatives using structural equation modelling. Result indicates that barriers including lack of management commitment, lack of continuous training and education to employees, lack of employee trust in senior management and inadequate knowledge of continuous improvement approach have high driving power and low dependency power. Moreover, customer and supplier relations play a high significant role in improving the performance of firm.
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