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Advice You - Employee Motivation: Understanding Employees' Needs
Motivating employees can be a challenging task. In order to drive your employees to be motivated it helps to understand what motiv 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 ates people. This article discusses some of the key factors that motivates people. Understanding these motivating factors can hel ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in p in finding the right solutions in motivating employees. One of the keys to being a successful manager is the ability to motivate lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. employees to perform at their best. When employees aren’t interested in their work or they’re bored, employee motivation is low a here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe d productivity drops. Generally, employees are willing and able to work if they feel their job is important and they are appreciat d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ed. When motivating employees there are two main types of rewards, intrinsic reward and extrinsic reward. People are motivated 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 different ways, one of which is by intrinsic reward. Intrinsic rewards or intrinsic motivation primarily deals with the feelings 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 n employee has when they have done a good job. They do it because they enjoy it. This can be seen more in hobbies or in the feeli nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ng of obligation to do well at ones job. The second type of reward is extrinsic. Extrinsic rewards or extrinsic motivation refers 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 to a tangible or intangible reward given to you by someone else. Praise, pay increases, bonuses, and promotions are a few example ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi of extrinsic rewards. The traditional method of motivating employees has been used extrinsic motivation. In order to better unde ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a rstand how to motivate employees you must first understand how motivation works. According to Abraham Maslow, people are motivated dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod by unmet needs. Maslow’s hierarchy of needs: 1. Psychological needs – these are your basic survival needs, like food, water, and cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin shelter. 2. Safety needs – employees want to feel secure at work. 3. Social needs – the need to feel accepted and part tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen of the group. 4. Esteem needs – the need for acknowledgement and recognition from others. 5. Self-actualization needs – 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 the need to develop to your fullest potential. In theory, when one of these needs is met a person will start to satisfy the next ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust need. As a manager it is important to understand the types of needs you are dealing with. Your needs and the needs of your employ y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products es, for the most part, are the same. When motivating your employees it is important to have a good understanding of what your need . 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 s are to better understand your employees. There are many methods that are used in motivating employees. This article was written elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip to help give you insight on the types of needs you may encounter while implementing techniques that are key to motivating employees 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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