Advice You - Business

In many sectors and industries recruiting good quality staff is a real challenge. For example, a recent survey of UK Finance Directors ident

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

ified that 64% were finding it difficult to recruit good people. The way in which you tackle recruitment has a big impact on your success at

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

Examples of combination products may in

recruiting the best people. Sadly, many organisations have more rigour around petty cash expenditure than one of their biggest investment d

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

ecisions. So how can you stand out from the crowd?

1. Take time to get clear on the type of person you need for the job. In doing this rea

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

lly think about the personal attributes of the ideal candidate. It is pretty easy to address skills gaps but really challenging to change pe

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

Combination pro

sonal attributes.

2. Find the most appropriate source for accessing the type of applicants you want. For professional staff it is often wor

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 going directly to a sector or industry specific recruitment consultant rather than to advertise. Similarly on-line sites might be great p

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

laces for some jobs and not for others.

3. If you are using a third party, such as a recruitment consultant to attract candidates, take the

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

time to meet with them and brief them on the business, the role and the ideal candidate

4. Consider whether you want to offer candidates the

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

opportunity of an informal discussion about the position before applying. This takes very little time and can save a lot of time for you an

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

the candidate

5. Consider the most appropriate way of selecting candidates. Interviews are the traditional way. By adding a presentation

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

Following aspects would a

or role play you can get a broader view of the candidate. If it is a senior role you might even want to set up an assessment centre

6. Take

dd to the challenges in developing combination products:

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

the time to thoroughly prepare for interviews and assessments that you are going to do as part of the selection process. This is likely to

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

be the first major interaction the candidate has with your organisation. What impression do you want to give?

7. Think about how you will g

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

row and develop the successful candidate in the longer term. The reality is that good candidates will want to grow and progress

8. Sell the

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

benefits of working with your organisation to candidates. The best candidates will have a range of options open to them. Never forget that

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

Professional from academic institutions, pharmaceutical industries, health care indust

recruitment is a two way process. The candidate is making a choice as well as you

9. Demonstrate how others have progressed and grown as a

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

result of joining your business. Real life examples are really powerful

10. Be honest with candidates and never promise what you cannot del

.

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

iver. If the most likely scenario is that the job will be a stepping stone then say that.

Taking some simple steps can make all the differe

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

Companies that provide selfless information through particip

nce to the success of your recruitment. So what steps does your organisation need to take to start attracting and recruiting the best people

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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Why do you need to maintain an organized filing system? Because your desktop is prime real estate, not a storage depot nor a junk table. Piles of paper do not portray a successful entrepreneur nor the cartoon imagine of a genius at work. Clutter creates lost information, missed opportunities, tasks undone and decisions unmade. A messy desk signals lack of dependability, lack of control and lack of focus.

A look at a Success Template for your business or career success and how to achieve it by daily programming your subconscious to drive you through writing goals and visualization.

Many people starting a new business have the idea that putting their business plan on paper plan is an unnecessary exercise in mental gymnastics. The typical attitude seems to be: OK, I may have to write one, but after it’s finished I’ll get on with the real business of starting my business. That’s not true. Never was. Never will be.

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