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  • Advice You - Define Your Position: Values, Ethics & Leadership

    Some call it wearing one’s heart on the sleeve; others call it wearing their emotions. If the discussion is of values and ethics, leaders must wear them openly, constantly encouraging, mentoring, and coaching others to operate within values-based and ethical standards the leader expresses. Values and ethics exist in a philosophical arena and often mistaken as the same. Values explain that who you are is what you were when. Ethics demonst
    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
    rates values through behavior. This paper takes the position that values exist on a higher plane than ethics.

    Dr. Gyertson6 shares an insight on value and ethic sources. He says throughout human development, there are socio-cultural influences in family and tribe. In the time of prehistory, these values meant survival and extended family. Exploring present value development offers a very different view of family and tribe. Family is nuc
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    ear now and connection to extended family is often limited to the July Family Picnic. Tribe, community, is multifaceted people have small neighborhood tribes, work tribes, social tribes, and others. They move among tribes and behave differently in different settings. While core values remain, behaviors shifts when moving among groups. Interacting in work groups is an example. Consider a group of university administrators working to satis
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    y the needs and desires of applicants and students. Administrators work to put applicants and students at ease as they enter classes. Faculty works with students lecturing, and facilitating to grow students knowledge. The student is the same person yet is interacting with the different elements of the university.

    Value deals with the worth, utility, moral virtue, aesthetics, and, may be singular or a collective of each. Values are at th
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    core of what a person believes. In June 2006, article in USA Today, Colorado Rockies pitcher Jason Jennings tells the reporter that players for the ball club hear the value of character and good living from the top of the organization all the way down. In the locker room, one does not see pornographic pictures or magazines. There are sports magazines, racing and car magazines, and prominently seen throughout the locker room are bibles.
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    his ball club believes in Christian values and Christian ethical behavior. A fan tells of not hearing the usual trash talking or player showboating among members of the Rockies. The leadership in the Rockies organization provides evidence of expected behavior in the clubhouse, on the playing field, and among players of other teams. The Rockies are not the "winningest" team in major league baseball; however, they display the near the high
    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
    st behavioral ethics.

    Ethics comes from the Greek ethikos, meaning arising from habit. Ethics is a study of living, a study in which we discover things as being right or wrong or true and false based on how we know things. Therefore, ethics is the outward manifestation, the acting out of a belief.

    Values versus ethics

    Values and ethics do not exist separately from each other. However, they may develop differently over time. A child’s
    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
    alues grow from the values of parents. A child’s ethical behavior develops from observing what parents do. Trust in parents’ grows as a child sees their parents obeying their beliefs (values) through their ethics (what they do) consistently. It is a leader’s responsibility to an organization, workers, and her- and him-self to do no less. Followers of a leader will loose trust quickly if they observe attitudes and behaviors that do not ma
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    ch expressed ethical standards and values.

    Values must identify or embody who a leader is. Values are the bases upon which leaders make judgments on what is important. Ethics identifies a leader’s moral compass, the leader’s understanding of good and right. Ethics are a set of moral principles.

    Leaders must commit to personal values and organizational values seeking a fit between both. Moreover, leaders must manifest values in a way th
    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
    t leaves the observer fully aware of the leader’s commitment.

    A leader studies the community in which an organization exists to know what the community values. Another consideration is the ethical behavior that leaves a leader questioning whether the community acts as it believes. These observations of what a community believes and how it behaves tells a leader the scope of normative order within a community. However, organizational le
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ders must operate on a higher plane.

    A consideration for leader examination when establishing a code of ethics is that ethics and values do not fit a neat categorization into specialty areas. Melissa Ingwersen1 of JPMorgan Chase Bank supports the foundation of ethics at home and school before applying them to business. She says JPMorgan Chase does not want to compromise it banks or bankers by doing business with questionable clients. Th
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    erefore, JPMorgan Chase selects clients carefully attempting to maintain their reputation and the reputation of their clients.

    What does the above example tell us about values and ethics in an organization? For Chase Bank, the value is honesty, integrity, and character building of clients by selecting clients who have similar values as the bank. Chase Bank does not compromise their core values for the sake of gaining business. Another
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    view of this provided by Brenda Joyner, et al2, is a sense of corporate social responsibility (CSR). CSR includes such elements as economic, legal, discretionary activities and ethics. She says these exist within what are the values of the public.

    Working standard - values and ethics

    Stated above, ethics is the outward display of values. In some organizations, leaders are content to accept the ethic of responsibility to shareholders. A
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    though this was the generally accepted behavior in economic boom years, most long-life businesses recognize that the bottom line is not an ethically symbolic way to engage.

    Joyner, et al, relate the work of Paine (1994). In this, they attempt to put a value on following the letter of the law versus following spirit of the law. While obeying the letter of the law is legally and ethically correct, seeking the higher value to obey the spir
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    t of the law propels a leader to higher trust, reducing cynicism, ultimately adding value to the ethical standard. The ethical standard is a leader and organization’s integrity strategy and values are the core beliefs driving the strategy.

    Ray Coye3, writing in 1986 saw the need to differentiate values and ethics. In his view, there are no values for an organization separated from the collective values of leaders and members. He provide
    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
    a definition of values as, “… serv(ing) as the authorities in the name of which choices are made and action taken.” In greater depth, this 1986 definition is one based on the prevailing attitude toward values and ethics considered correct – at that time (Coye, 1986)
    • A value is chosen freely after consideration of alternatives and consequences
    • Publicly affirmed, cherished, and prized
    • Pattern of action that is consis
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    ent and repeated


    Conclusion

    Values exist at the core of our nature; they are our core belief system. Ethics, our behavior, reveal our values within an operating environment. If we say we cherish (value) our children but behave abusively, value and ethical behavior are incongruent. Within a leadership role, the same is true of our attitude toward workers. Recent history of organizational failure adds to common knowledge of how perso
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    al greed over the expressed organizational values ruin business and, worse, the faith workers have in the business and leaders.

    Not all organizations are the Colorado Rockies Baseball Club, but trends start one person and one organization at a time. Be a trend setter.

    Works Cited 1. Nightengale, B. (2006, June 1). Basball’s Rockies seek revival on two levels. USA Today. Retrieved September 20, 2006 from http://www.usatoday.com/sports/
    .

    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
    aseball/nl/rockies/2006-05-30-rockies-cover_x.htm. 2. Cook, J. R. Interview: Melissa Ingwersen, Central OH President, JPMorgan Chase Bank, NA. Ethical Leadership, Council for Ethics in Economics (1,1) 3. Joyner, B. E., Payne, D. & Raiborn, C. A. (2002, April). Building values, business ethics and corporate social responsibility into the developing organization. Journal of Developmental Entrepreneurship(7,1), pg. 113. 4. Coye, R. (1986
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    February) Individual Values and Business Ethics. Journal of Business Ethics (5,1), pg. 45. 5. Watson, S. (2006). Personal Values in Business: How successful businesses underpin their success with clear values. Retrieved September 20, 2006 from http://www.summitconsultants.co.uk/news-detail.asp?fldNewsArticles_ID=126. 6. Gyertson, D. J. (2006). Ethical Frameworks. Presentation at Regent University DSL Residency September 13 to 22, 200


    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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