Innovation in thoughts, processes, approaches and strategies — has become a critical factor for our growth as we chart course for a future in a business world without boundaries. The objective is to consistently deliver breakthrough products and services and we see innovation as the only means to achieve this.
In the last few years we have extended our Geographical Presence, just as we have enhanced our performance and competitiveness. One of the key drivers of this critical transition has been innovation . We look at innovation as a strategic approach to global growth and have adopted a three-pronged strategy to encourage this, which are ;communication and recognition of innovative ideas and efforts; facilities for learning from other companies; and support for collaborative research and partnerships with academic institutions.
Innovation Study Mission: Under this programme, senior executives visit global companies to study how they foster innovation. These missions have visited companies such as Microsoft, Intel, HP and Cisco in the US, and Fujitsu, Toshiba and Hitachi in Japan.
Investment in Research and partnerships with academia
LS Indsustries invests in building outstanding research facilities and forging partnerships with academic and research organisations in order to encourage creative thinking and find innovative solutions that improve our quality of life.