Commitment to Innovation
We are committed to Innovation which lead to development of Novel Drug Delivery System - which assures increased potency & efficiency, reduced side - effects, improved stability and finest patient compliance is the key focus of R&D activity at Spensus.
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Innovation across all aspects of our business is the key to our success. Being active in high technology fields, we must recognize new trends at a very early stage and be open to unconventional ideas. We see change as an opportunity and complacency as a threat. We therefore encourage everywhere in the company the curiosity needed to be open to the world and new ideas.
The culture of an organization, defined by top leadership, along with the personnel and resources allocated to new ideas, sets the tone for innovation.
According to us, there are eight essential attributes — aspire, choose, discover, evolve, accelerate, scale, extend, and mobilize — that are present, either in part or in full, at every big company that’s a high performer in product, process, or business-model innovation.
Furthermore, since innovation is a complex, companywide endeavour, it requires a set of crosscutting practices and processes to structure, organize, and encourage it. These often overlapping, iterative, and non-sequential practices resist systematic categorization but can nonetheless be thought of in two groups. The first four essential attributes, which are strategic and creative in nature, help set and prioritize the terms and conditions under which innovation is more likely to thrive. The next four deal with how to deliver and organize for innovation repeatedly over time and with enough value to contribute meaningfully to overall performance.
This culture provides exposure to idea networks with diverse thinking to uncover and explore new ideas. Innovation incubators and hubs encourage and reward breakthrough, value-added innovation. Rapidly testing and learning from novel concepts fosters agility so that the innovation process does not stymie the creative thinking process. The overall objective is to create new value for an organization and its customers by aligning the innovative idea with specific business drivers and strategic objectives.
