Advice You - Business

Are you stuck in the Middle? Are you working in one job and feeling dissatisfied but are unsure if you should “stay or go” or if you left, where would you go “to?”

As a Career and Business Coach I work with clients who are in career transition, they wan

According to USFDA, a combination product is one composed of any combination of a drug and device; biological product and device; drug and biological product

t to advancing in their career, exploring changing industries or owning a business or may be returning to work after a period of unemployment.

Being in a state of transition is like being stuck in the Middle. The middle for career transition represents t

; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

Examples of combination products may in

e psychological space where we are in between opportunities, one foot planted in our former work world and the other dipping our toe into a tentatively unknown work world.

Most of my clients say that this in between stage of career transition is the most

lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

anxiety provoking. Transition simply by definition can be exciting as well as disorientating. Herminia Ibarra, author of Working Identity states “at the root of “transition” is “transit,” a voyage from one place to another. As in any voyage, there is a d

here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe

parture, a disorienting time of travel and, finally a destination.”

I’ve gone through several working identities myself, from sales and marketing in the information technology industry to the quieter world of psychotherapy and then to my perfect place, t

d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

Combination pro

e warm, comfortable and all embracing world of coaching people in the field of work and business.

I often talk to my clients about creating the “coaching space” an incubator space in between us where we throw ideas and chose which ones to grow. Being in

ucts have become life saving products for the pharmaceutical companies who doesn’t have many innovative molecules in their product pipeline and have been inc

the middle of a career transition is also creates an incubator space. You can use this space to try out new possibilities. It is here that new working identities are born and cautiously tested in the world by crafting experiments, learning more about new

easingly used in the product life cycle management. Even the companies having product patents are trying to extend their product life cycle through the combi

ccupations, talking to people who work in those fields and even “trying them on” by job shadowing or testing a career change.

So how do you explore what other career opportunities might be right for you?

1. First take time to discovery more about yourse

nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically

f, explore what gives you fun and joy in your life. Think back to when you are happiest. Who are you with, what are you doing? Where are you? What would it be like if you were able to do the work that provided this sense of happiness and joy each and ever

and physically. They need to rightly judge the benefits of the combination products and they have to even look at the risks involved when combining the produ

y day?

2. List the working identities that interest you. What did you want to be when you grew up? What dreams did you have? What are you doing when time seems to just fly by? What gifts do you have that you are not using? Create a list of possible work

ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi

ng identities.

2. Learn more about an alternative working identity. Network with people who are doing the jobs you are interested in. Wonder how you would be as a stockbroker? Job shadow for a day or two. Try volunteering in your new field. Try it on as

ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

Following aspects would a

ou would a new spring coat, does the fabric look good, is the fit comfortable? Journal your findings as you go from one identity to another.

3. Try a new activity that is related to your new possible self. Try on researching the work of stock brokers, at

dd to the challenges in developing combination products:

Which markets to tap where the combination products can do fairly well?
Which combination prod

tend financial trade shows, and handle some investments for yourself.

4. Get feedback from others. How would they see you in this new role?

5. Once a new working identity seems to fit, embrace it, revamp your resume as you would your wardrobe, put on th

cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin

new stockbroker face and then, armed with all of your self discovery work, career assessments and work experience, undergo the effort to find work that meets your new identity.

6. Remember this is a process. If financially feasible start as an apprentic

tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen

, get an internship if you have to start anew. If your financial responsibilities do not allow for this, work on what it is that you need to do to get the work that you want while working somewhere else, further education, work experience etc. Never let

t?

As combination products don't fit into the traditional categories of drugs, medical devices, or biological products, the USFDA is in the process of devel

your eyes leave your target. Keep in mind that some transitions take longer than others.

7. Note that your passions can come from you work as well as through volunteering, enjoying new experiences and simply exposing yourself to that which truly interest

ping new procedures for reviewing their safety, efficacy and quality.

Professional from academic institutions, pharmaceutical industries, health care indust

you. If your passion does not support your financial needs that is okay to, work you job, live your passion.

For example, a female client in California worked at a television station, she understood she was unhappy there but was not sure why. Through fu

y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products

ther exploration we discovered that she was a person who needed affiliation and affection in her work, to help others and to be valued. She explored the idea of working as a speech pathologist, an early education teacher, and a non profit director, until

.

As there is an increasing trend of the combination products companies manufacturing such products should be able to tackle the problems involved in the de

she finally found her perfect working identity, that of an occupational therapist. She starts her program this fall and is very excited.

An environmental engineer longs to teach social studies later in life, for right now he shows off his love of civil w

elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

Companies that provide selfless information through particip

r history by providing school assemblies and working part time at a museum, providing joyful education to others about civil war artifacts. A Public Relations VP does stand up comedy acts on the weekends to support his true love, providing humor to others

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

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There is no way you can bank unused hours. Each hour gets spent. Time is the most democratic of resources. Everyone is given the same amount every day. Since every minute is nonrenewable, all that matters is how you are using your time this minute.

Women owned businesses. Women want to own their own business and move from their jobs and be self-employed. The main reasons for this is control and flexibility, opportunity, and independence.

Industrial workers are paid compensation for their services in the form of wages. Wages are fixed as the time spent by the worker in the factory or per the production produced. Wage is a matter of great importance as most of the labor problems are related to wage payment. The efficiency of workers and their interest and development in their work depend on wages. Their attitude towards their employer is influenced by how fairly they thing they are being paid.

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Advice You - Are You Stuck in the Middle?

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