Kaizen directly translates to continuous improvement and was originally developed in post-World War II Japan. Toyota Motor Corporation, the company that spearheaded the development, can be viewed as a representation of this concept. As a company that was originally founded as an automatic loom manufacturer, it has evolved into one of the largest automotive manufacturers in the world, with a market cap of $260 billion.
Unfortunately, there remains a myth that business units can be divided into clear and distinguishable impact labels: cost centers and profit centers. While this term has long outlived its usefulness, those organizations that live by it will certainly die out with it.