Tags |
|
|
Links |
|
|
Advice You - Accept and Love Change
“Change is inevitable; except from a vending machine” author unknown
Only a few things stay constant in life. For me, one example would be my hair follicles. Last year I was b
Only a few things stay constant in life. For me, one example would be my hair follicles. Last year I was b
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
ald; this year I am still bald. The Chicago Cubs haven’t been to a World Series in 100 years, so that never changes. Other than that, we live in a state of constant change.
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
ven Dell Computers is changing. They will now sell computers in retail stores, a marked departure from their previous philosophy. Dell has always been a mail-order and online
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
computer company, with no retail presence. All of their computers are manufactured to your specifications, and it usually takes a few days for the computer to arrive. Now ther
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
are more alternatives than acquiring a Dell electronically.
Even billion-dollar companies change course when their performance starts to suffer. Has your company ever been f
Even billion-dollar companies change course when their performance starts to suffer. Has your company ever been f
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
orced to, or elected to make major changes? The experts say that change is good; however, your associates may (probably will) be resistant. Part of “Hitting the Grand Slam” w
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
th your associates and motivating and retaining good people is to go about change in the right way. Happy associates stay longer, and lower turnover leads to better financial
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
health.
Here are a few tips for executing change:
•Eliminate uncertainty by communicating with your associates.
Failing to communicate leads to gossip around the water coole
Here are a few tips for executing change:
•Eliminate uncertainty by communicating with your associates.
Failing to communicate leads to gossip around the water coole
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
with the resulting loss of productivity. Your associates desire to know what issues and opportunities the company is facing. Honesty is the best policy. Explain how the cha
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
nges will affect them. That’s what they really want to know. Life is uncertain, employment is uncertain, and every employee needs reassurance that they are not at risk.
•Demo
•Demo
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
strate a flair for the dramatic.
How dynamic and persuasive is your company leader? This is the time to shine. I’m not suggesting the pageantry of a Gettysburg address; howe
How dynamic and persuasive is your company leader? This is the time to shine. I’m not suggesting the pageantry of a Gettysburg address; howe
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
ver, some drama will be helpful. Organize sessions where the leader conveys the reasons for the change. In my past life, I was the President and Owner of a chain of fine wine
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
stores. For many years our customer model was price, service, and selection. One year, due competitive pressures, we decided to raise some prices to achieve higher margins.
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
By convening a meeting and carefully explaining the reasons for the change, we had a much better chance of being successful.
•Motivate by including all levels of the organizat
•Motivate by including all levels of the organizat
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
on.
Change has a much better chance of success if the decisions are made by more than just the “head honchos.” We developed a new brand promise; a short and concise service s
Change has a much better chance of success if the decisions are made by more than just the “head honchos.” We developed a new brand promise; a short and concise service s
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
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
tatement, as part of our plan to raise margins. All the associates were challenged to help develop this initiative. We achieved greater acceptance and a greater sense of urg
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ncy by showing that we wanted everyone’s opinion. As a result, we got off to a running start.
•Walk your talk.
Maximize your chance for success by continuing to talk about c
•Walk your talk.
Maximize your chance for success by continuing to talk about c
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
hange after the initial disturbance has died down. Nothing lets the air out of a balloon faster than a quick return to “business as usual.” Be prepared to have individual mee
.
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
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
ings, over a free lunch or dinner if needed, to hammer home your points. Prepare yourself for a lot of selling and explaining in a nurturing, honest manner.
The only constant
The only constant
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
is change, to quote the famous expression, and it occurs at a breakneck pace. Let’s not forget my Cubbies. They won today. Maybe the World Series is a possibility this year
tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.adviceyou.org.ua/article/13779/adviceyou-Accept-and-Love-Change.html">Accept and Love Change</a>
BB link (for phorums):
[url=http://www.adviceyou.org.ua/article/13779/adviceyou-Accept-and-Love-Change.html]Accept and Love Change[/url]
Related Articles:
Advertising Tips-Stop Wasting Your Advertising Dollars
The Top Ten Reasons Why Size Matters When You're Considering Your Career
Bookmark it:
|