1. find things that could work better.
2. decide on most effective and effecient improvements to be made
3. implement an action plan
4. follow action plan
5. follow-up on action plan results
6. go back to step 1.
or
plan
do
check
act
report review, revise, repeat
Really? how does one write a procedure for continual improvement? Tell your boss that continual improvement is a way of life (cultural) thing, not a set in stone procedure to be followed. Continual improvement is a part of the policy, and there would be some standard things to look at that would show where continual improvement would, well, improve things, but a procedure to perform continual improvement seems a little micro managerial to me.
is your boss the management rep, or are you? Now is the time to show you know what you are doing. see the politics thread and the part where it talks about bringing your contributions to light.