The term 'METHOD OF SUCCESSIVE IMPROVEMENT' can be summarized as the process of iterating, or repeating a task in order to improve it. This process is often used in software development, where developers will continually test and refine their code until it meets the desired specifications. It is also used in other areas such as product design, where designers will continually refine a product until it meets the desired standards. Iteration is an important part of the creative process, allowing for continual improvement and refinement of ideas.