The fifth key objective: Technological Innovation.
The Faram philosophy does not consider technology merely in terms of production capacity and technical know-how, but also according to its specific meaning: management of both tangible and intangible assets– raw materials, economic and human resources, but also regulations and know-how – used in manufacturing products. Faram sees technology as all-round knowledge capable of supporting a cyclical improvement process involving constantly changing ideas and products.
Technological innovation is the gradual growth in the ability to use these assets, it is the ability to test solutions – relating to technical content, appearance, and production processes – pushing forward the company’s operating boundaries as to ensure constant competitiveness. Faram does not see technological innovation just in terms of responding to market requirements but as a corporate driving force: there’s no growth without innovation. A closer look at the range of projects and products reveals that innovation and technology merge at all levels, from the smallest detail of furnishings to the largest project.