Fibernet defines the eight key steps to achieve excellence in R&D
Fibernet invests 30% of income in R&D to be at the forefront of research in Spain
After more than 15 years in the market, Fibernet still considers investment in R&D as a key strategic choice that permits it to compete with large multinationals of the technological industry. With an R&D team made up of telecommunications and industrial engineers and bachelors of Physics or Computer Science whose main motto is building teamwork and sharing knowledge, the company invests time and money in experimentation and innovation. In some of its designs, Fibernet is using components regarded as “alpha” products by suppliers, who trust blindly in this company to tune them up. Nowadays, Fibernet is incorporating photonic designs in its products. These new elements permit to provide advanced functionalities, both for optic transmission devices and for sensometry and telemetry aspects, besides compacting the usual optic circuits, based on measured elements, with upgrades in reliability and size. Miguel Ángel García, R&D Manager of Fibernet, explains, according to his own experience in the company, the steps that a company must take to achieve excellence in Innovation and Development.
1) Involving the client in new products or developments
It is essential to work constantly to expand the range of devices and systems, without losing sight of the purpose of improving their features at all times, relying on technology development. Ask your clients what they want. Encourage them to be creative. If anything could make their lives more simple, or their business more effective, what would be it?
2) Investing in alternative approaches
It is very important to innovate and introduce constantly new techniques and formulas to ensure and maintain the necessary technological advantage to hold up against the competition. Therefore, it is essential to be flexible when it comes to allocating funds for innovative projects.
3) Building a favourable atmosphere for brainstorming in your team
FFoster communication and brainstorming in your team. Encourage open dialogue. Let them feel free to explore new fields and assume risks. Look for creative and inventive members within your team.
4) Continuous training
R&D departments must promote highly qualified teams; in this sector, the company must provide design engineers with a very high training level to fulfil their skills. Staff investment must be regarded as a non-immediate return on investment.
5) Commitment with the project
If you decide to develop a new project, you must fix certain goals, allocate a budget, gather your team and get them involved a hundred per cent in the achievement of the final target, defining the roles and the tasks of each member of the team beforehand.
6) Resource optimization
An essential part of the process consists in increasing performance through the reuse of techniques and devices, a strategic analysis of the projects, appropriate training and the work approach towards the task entrusted.
7) Defining and making projects profitable
The companies of the sector manufacture products in mass, not in an experimental manner for a few units. This determines the process and emphasizes the importance of establishing goals and specifications beforehand for project development.
8) Adaptation to business goals
Consider if the solutions or developments you are working on are in line with the business plan, the business goals and the future of your company. After completing the development of that new product, will your company gain added value in the market?