Advice You - Business

Excerpted from The Truth About Getting your Point Across...And Nothing But the Truth.

Notre Dame football coach George O’Leary resigned five days after being hired, admitting he lied

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

about his academic and athletic background. O'Leary claimed to have a master's degree in education and to have played college football for three years, but checks into his background s

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

Examples of combination products may in

howed it wasn't true.

Veritas CFO Kenneth Lonchar was fired because he claimed he had a Masters of Business Administration from Stanford University. Further research showed that he di

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

d not hold an MBA from any school. Ironically, Veritas in Latin means “truth”.

Joseph Ellis, a Pulitzer Prize-winning historian, was suspended for a year from Mount Holyoke College fo

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

r lying about serving in the Vietnam War.

Each of these examples, while high-profile and extreme, all fell from the same tree; people lying on their resumes to help influence an emplo

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

Combination pro

yer to hire them. Aside from the fact that each of the above cases resulted in job loss or suspension; they also all endured the humiliation of being publicly labeled as a liar. Not th

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

e best way to be remembered.

Resumes by nature are meant to inform, impress, and inspire a potential employer and get the employer to want to talk to you. Most employers only spend ab

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

out twenty seconds looking at each resume they receive, and worse, most employers view the information contained on resumes as a way to weed out applicants . Putting your best foot for

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

ward to present a concise, compelling case for why you should be hired is crucial to getting you invited to the party.

Throughout my career I’ve interviewed hundreds of candidates for

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

a wide variety of jobs. Many of the candidates that I’ve interviewed were upstanding, honest, and candid and went on to have successful careers at my company. Of those who didn’t get

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

hired, many lost out because of boastful claims made on their resume that they were unable to substantiate during the interview process. As an interviewer, I intentionally focused on c

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

Following aspects would a

laims that were exceptional to truly understand how they did it and to see if the claim was authentic or bogus. Authentic claims went a long way toward recommending a “hire” decision;

dd to the challenges in developing combination products:

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

bogus claims got an automatic “no hire” without further consideration.

Let me put this as plainly as I can. Lies about your credentials can permanently kill your career. Putting bogus

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

, or even mildly aggressive, claims on your resume can hurt you in a couple of ways. The first question that arises pertains to competence. Bogus claims will cause a potential employer

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

to question whether you possess the skills required to perform the job. The second question, which is far more important for me, pertains to integrity. If a candidate is willing to st

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

retch the truth on a single fact on his or her resume, what else is he or she not being truthful about? Having your integrity questioned by the interviewer is pretty much your one-way

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

Professional from academic institutions, pharmaceutical industries, health care indust

ticket home.

The lesson learned here is simple; any lie, even the littlest of white lies, has no place on a resume and will come back to bite you. Assume that each and every word on y

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

our resume is going to be checked, questioned, and scrutinized during an interview and verification. Be able to substantiate facts, metrics, and credentials with backup information and

.

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

provide references where necessary.

Having said all this, do your best to sell yourself on your resume and dazzle prospective employers with your accomplishments, credentials, and ex

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

Companies that provide selfless information through particip

perience. Wow them during your twenty seconds of fame. Just make sure that what they see is you and not some figment of your imagination.

See more at http://www.leadingonedge.com/trut

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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Russia is still an emerging market and the challenges are plenty. However, the country's economic growth has been remarkable, with an average seven percent GDP growth backed by the favorable energy situation on the world markets, tighter government budget policy, and faster development of other key industry sectors, such as machinery, automotive, info-communication, construction and food processing. The Russian government introduced positive changes into the tax system; including a flat rate of 13% for personal income tax, reducing the corporate tax rate from 35% to 24%, and reducing the value-added tax (VAT) to 18%. Surpassing even some developed economies, Russia reduced its public debt to 13% of its GDP. Finally, Russia's evolving middle class creates a strong consumption wave that is a tremendous boost for the Russian economy.

Many people don't realise that the standard of writing in your resume (or CV) will directly affect your chances of landing the job you're looking for. Take some time and some basic writng advice to make sure your resume is the best it can be.

Getting started in the work at home field is not easy. Often times one has to start with entry level work such as customer service while waiting for their ideal job to come available.

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Advice You - Lie About Your Credentials, Kill Your Career

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