If you want your company to stay relevant in 2050 and beyond, use kaizen: it is the most powerful change management tool in your arsenal which avoids all the problems associated with process reengineering. Kaizen might be slow, but it is sustainable and more permanent given the gradual nature of changes.
Learn more about Kaisen and the Toyota Production System: Article Series
Kaizen is a mindset which involves challenging the status quo. That’s the whole point of it. The basic assumption of kaizen is that things are still not perfect, and can forever be improved and be made better. As a result, it encourages people to rise up to the challenges in the business environment and to adapt and seek new business opportunities.
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Kaizen on the other hand is slower, and occurs continuously over the lifetime of the organization. Kaizen makes the improvement process easier and more palatable by making such changes small and incremental until it becomes natural, or better yet, people don't really notice there's been any change.
PDCA model actively encourages this not by asking people to think about large-scale projects to perform, but by asking them to consider how their processes could be slowly improved. The Toyota Production System believes that as incremental changes accumulates, it leads to much larger changes and a better end product or service in the long run.