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Advice You - Four Corners of a Triangle: Why Organizations Succeed or Fail
When we want to hire people for a corporation or non profit organization, we follow certain rules and look for appropriate qualifications and expertise so that we succeed in our aims: the investors get their money’s worth in form of financial success and enhanced prestige of the principals i
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
nvolved.
An organization represents the interests of many people: the sponsors and the consumers. Any flaws in a corporation’s organizational capacity and management can prove financially disastrous as in the case of the Enron Corporation. Here we must not lose sight of the public image.
An organization represents the interests of many people: the sponsors and the consumers. Any flaws in a corporation’s organizational capacity and management can prove financially disastrous as in the case of the Enron Corporation. Here we must not lose sight of the public image.
; 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
Big giants like IBM, General Motors, General Electric and Disney spend millions to keep their image positive in the public eye.
But in different situations we have to apply different rules to reach our goals. In a non-profit organization like the United Nations where the social welfare and
But in different situations we have to apply different rules to reach our goals. In a non-profit organization like the United Nations where the social welfare and
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
political interests of all the member nations (under 200) are involved, totally different criteria are used in hiring people.
In a business organization like a Fortune 500 company the main aim will be to enhance the public image of the company, thereby generating more public support that wi
In a business organization like a Fortune 500 company the main aim will be to enhance the public image of the company, thereby generating more public support that wi
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
l translate into money.
In a domestic political organization like the Republican or Democratic National Committee there are political interests that take precedence over all other issues.
Let us go back to the UN and see what happens when people are hired that don’t fit in the setup. There
In a domestic political organization like the Republican or Democratic National Committee there are political interests that take precedence over all other issues.
Let us go back to the UN and see what happens when people are hired that don’t fit in the setup. There
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
are two facets to this. One is the personal philosophy of the person, the other is the organizational Charter. If there were a conflict between the two, the hired person will have a very hard time adjusting his or her personal philosophy to that of the organization. Such a situation may l
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
ead to lower productivity and an internal conflict between the self-image and the value system of that staff member.
This observation of the complexities faced by world organizations is quite unique but the question arises how we resolve such a dilemma where the political aims of a member na
This observation of the complexities faced by world organizations is quite unique but the question arises how we resolve such a dilemma where the political aims of a member na
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
ion are totally opposed to the philosophy of the Organization as a whole.
What can be done when a person does not fit in the set up because of personal preferences or differing values? There are certain options:
Try to find another department in the Organization where conditions may be mor
What can be done when a person does not fit in the set up because of personal preferences or differing values? There are certain options:
Try to find another department in the Organization where conditions may be mor
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
e suitable or suggest ways to the person concerned to become more flexible or accommodating, so that the work environment improves for the whole department.
It must be emphasized here that a conflict of principles between two department chiefs could prove disastrous for the aims and ambition
It must be emphasized here that a conflict of principles between two department chiefs could prove disastrous for the aims and ambition
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
s of the entire organization. Some very big businesses have folded for lack of understanding or communication between two big wigs. A square peg in a round hole just does not quite fit.
When the people at the helm of a corporation are in disagreement as far as future strategies of the deve
When the people at the helm of a corporation are in disagreement as far as future strategies of the deve
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
opment and financial future of the organization are concerned, the energies, instead of being used creatively, are neutralized. This can lead to a rift and eventual losses for the organization. A case in point, Mr. Ovitz and Mr. Eisner could not agree on important issues and had to part. T
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
he Disney Company’s interests suffered immensely as a result that gave a financial jolt to the entire organization.
Now we come to the point where a team has to be chosen very carefully, so that each principal’s energies are not in conflict with the other. Business experience alone will not
Now we come to the point where a team has to be chosen very carefully, so that each principal’s energies are not in conflict with the other. Business experience alone will not
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
do. A person may succeed in building up a huge organization under certain political and economic conditions but may utterly fail, should the circumstances change. Hence we conclude that circumstances alter cases. Here we are talking about the chemistry of all individuals involved. The ou
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
ter environment affects the inner conditions. Whatever influences the mass, has a direct impact upon the individuals.
Since circumstances are in a state of flux all the time economically and politically on a global level, we must adjust business practices, keeping those changes in mind at h
Since circumstances are in a state of flux all the time economically and politically on a global level, we must adjust business practices, keeping those changes in mind at h
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
me. And those who are adamant not to adjust to outsourcing the American jobs to the Far East will soon be in serious financial straits.
What I found most fascinating in my researches was the changes and development of people at certain stages of life. Here the issue seems to be the outer c
What I found most fascinating in my researches was the changes and development of people at certain stages of life. Here the issue seems to be the outer c
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
onditions putting pressure on a person to change and adjust or perish. Since we constantly age, the faculties of the brain do not always keep pace with changing times. We keep on adding experience but the reflexes do not improve. A business must keep on competing with others, keep costs do
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
wn, survive and make a profit. Even as employees
are aging fast, a business must remain young in order to grow and catch up with the fast-changing economic and political environment or fold.
This will force a young company to retire those who cannot perform the way they used to five year
This will force a young company to retire those who cannot perform the way they used to five year
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
go. We must make some people unhappy to keep the shareholders happy and maintain the company’s image at the same time.
The profit margin, because of cheap labor in the Far East, is enormous. This gives us a chance to grow and show huge profits to the investors. But we may have to compromi
The profit margin, because of cheap labor in the Far East, is enormous. This gives us a chance to grow and show huge profits to the investors. But we may have to compromi
.
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
se the quality of the product.
Finally, if you are the chief of an organization, you must keep track of the fast-changing economic scene globally and the consumers’ needs at home to keep your head above water and still show profit to your shareholders or you will not remain at the top too lo
Finally, if you are the chief of an organization, you must keep track of the fast-changing economic scene globally and the consumers’ needs at home to keep your head above water and still show profit to your shareholders or you will not remain at the top too lo
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
ng. The Secretary-General of the United Nations must try to find a balance in addressing the conflicting issues, needs and concerns of all its Member States, including its most powerful member, the United States. Keeping everybody happy without compromising any principles is a difficult task
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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