How does Venus Remedies Limited foster innovation and creativity among its employees?
At Venus Remedies Limited, fostering innovation and creativity among employees is ingrained in our culture and practices. One of our core practices is the internal online portal named “Enjoy Innovations,” which offers an umbrella coverage for all the departments and employees to share and know about “what’s new” across departments. Be it the Hospitality department or Skill Development or Security or Digital & Social Media or Consumer Healthcare Division or Human Resources or Product Development/Management teams or Research teams - all use this platform to publish about the innovations, creativity, and efforts each and every employee is putting into their work and resulting achievements.
Not just intra-department, one can also see interdepartmental coordination and investment put through. By encouraging the sharing of new ideas, we aim to tap into the collective intelligence of our workforce to drive positive improvements and innovations in both our business processes and the well-being of our people.
Our organization has seen a steady growth in the Innovation Velocity Ratio, moving from Friction to Functional to Accelerated states. While we acknowledge that innovation is a process that involves overcoming challenges, we are proud of the accomplishments that have stemmed from our collective efforts.
Innovation at Venus Remedies starts with our products. We invest heavily in research and development to bring cutting-edge pharmaceutical solutions to market. Our R&D wing, the Venus Medicine Research Centre (VMRC), develops solutions for unmet medical needs and focuses on challenges like Antimicrobial Resistance (AMR) and oncology. One of our prominent achievements includes the development of an 'Organ-on-a-Chip' model, which has been recognized with the FICCI HealthCare Awards 2023 for its contribution to personalized medicine and drug development.
Our commitment to innovation extends beyond product development. We promote a culture of cross-functional collaboration, where diverse perspectives come together to spark new ideas. Departments like Distribution and Marketing Support, Corporate Regulatory Affairs, Operations, Quality Assurance, and International Business exemplify this collaborative approach, resulting in significant achievements and growth opportunities for the company.
In addition to product and process innovation, we also focus on digital transformation to enhance workflows and foster a collaborative environment. Our approach aims to bring employees to a state of digital maturity, preparing them for the fourth Industrial Revolution.
Read more about us on our Social Media Handles and The Venus Times Newsletter.