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Advice You - Training is Not an Option
Those that understand the importance of training absolutely know this to
be a fact. It’s not a belief or an opinion, or a preference. It’s certainly not
an attitude. It’s a cold hard fact: training is important.
But there’s a strange problem here; and you probably know what it is, either directly or indirectly.
Many people know that train
But there’s a strange problem here; and you probably know what it is, either directly or indirectly.
Many people know that train
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
ing is important – because, at one time or
another, and in one form or another, we’ve all been valuably trained in
something, or trained someone else to do something useful – yet this
basic knowledge is not widely reflected in the world of work. It’s clear
importance is not fully understood, and therefore, not fully exploited to
make life
; 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
easier and more profitable.
Unraveling the Strange Problem: Changing Perceptions
The core of this problem has to do with that important postmodern word: perception.
For decades now – centuries, arguably – training has been seen as something that supports the workforce. This position stems largely from the perception that training is an ext
Unraveling the Strange Problem: Changing Perceptions
The core of this problem has to do with that important postmodern word: perception.
For decades now – centuries, arguably – training has been seen as something that supports the workforce. This position stems largely from the perception that training is an ext
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
nsion of education. Since
education has been traditionally viewed as a system of supporting
human growth and development, workforce training has slid
conveniently, some might say logically, into this existing groove of
thinking.
So why is this a problem of perception?
Because in the modern workforce – and that of the foreseeable future –
So why is this a problem of perception?
Because in the modern workforce – and that of the foreseeable future –
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
the idea that workforce training exists as a support system is
dangerously outdated. The notion of support implies that something is
important; but not necessarily vital, and certainly not essential. And it’s
because of this view that in many workplaces, training is viewed as an
enhancer; something valuable, yes, but ultimately optional.
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
Something
to invest in or focus upon if revenues support it, or if time permits it. But
certainly nothing essential.
This perception is utterly out of date!
Training is no longer optional. It’s not an enhancer, a supporter, or a nice to have thing. In the 21st century, an organization’s capacity to effectively train its people is part o
This perception is utterly out of date!
Training is no longer optional. It’s not an enhancer, a supporter, or a nice to have thing. In the 21st century, an organization’s capacity to effectively train its people is part o
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
its ability to survive. And if that
capacity isn’t there – or if it’s defective – then the organization itself will
reveal that flaw in a number of destructive ways, including loss of bottom
line profits.
Why the Skilled Workforce Makes Training Essential
It’s a misnomer to think that so-called skilled workers are those human beings who
Why the Skilled Workforce Makes Training Essential
It’s a misnomer to think that so-called skilled workers are those human beings who
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
merge from university or college and bring with them some
kind of technical or practical acumen. That may have been true a few
decades ago; but no longer, and never again.
In today’s world, everyone is a skilled worker. From the receptionist with the high school education to the CFO with an MBA, the entire workforce has become a skilled l
In today’s world, everyone is a skilled worker. From the receptionist with the high school education to the CFO with an MBA, the entire workforce has become a skilled l
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ndscape; and that means that there is arguably
no position that isn’t in need of continuous training.
Each member of a team, a unit, and a company can no longer be viewed as individual silos focusing on their singular task within a limited sphere of activities. Rather, today, each person is a part of a skilled workforce; and if there are g
Each member of a team, a unit, and a company can no longer be viewed as individual silos focusing on their singular task within a limited sphere of activities. Rather, today, each person is a part of a skilled workforce; and if there are g
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
ps or lacks in any area, the entire
workforce will suffer. And make no mistake: this suffering isn’t merely
emotional or cultural (though that is a part of it). This suffering is
financial.
Training = Profit
When there are gaps in the skilled workforce – gaps caused by lack of training – then, automatically, work become inefficient and m
Training = Profit
When there are gaps in the skilled workforce – gaps caused by lack of training – then, automatically, work become inefficient and m
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ney is lost.
How much money is lost depends on the type of gap and how it manifests; but without doubt, regardless of whether a company sells flowers or microchips, a gap in the skilled workforce costs money.
In the past, this gap was typically seen only in terms of sales, such as whether a lack of training caused a sale to be lost. Now, ho
How much money is lost depends on the type of gap and how it manifests; but without doubt, regardless of whether a company sells flowers or microchips, a gap in the skilled workforce costs money.
In the past, this gap was typically seen only in terms of sales, such as whether a lack of training caused a sale to be lost. Now, ho
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
ever, we
know without any economic doubt that the costs of ineffective or non-
existent training gaps go far beyond lost sales. These additional
financial costs include: rework, missed profits (smaller profits due to
inefficiency), and misallocated resources (money spent trying to fix a
gap could be better spent elsewhere). There’s also l
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
st market share,
lost potential word-of-mouth advertising from satisfied (or merely served)
customers, and the list goes on.
Understanding why Training is Important
It bears repeating: training can no longer be viewed as a support system, like a good benefits program or a leading-edge technical infrastructure. In the skilled workforce of
Understanding why Training is Important
It bears repeating: training can no longer be viewed as a support system, like a good benefits program or a leading-edge technical infrastructure. In the skilled workforce of
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
he 21st century, training is
essential. It is the core engine of a company, because it supports the
entire skilled workforce. And, frankly, there is no other way –
whatsoever – for a company to comply with this paradigm shift than to
understand that training is important. Or rather, that it’s essential.
Not All Training is Created Equall
Not All Training is Created Equall
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
A typical and rational concern here might be that not all types of workers require the same training. Actually, this is perfectly true, and not a concern; it’s just a basic fact of the new world of work.
Absolutely: your sales team will not require the same training as your customer service people. While there might be elements that apply
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
to
both – negotiation skills and cultural awareness spring to mind – there is
no need to envision a cookie-cutter approach to training. In fact, the old
model of training – the one where static, one-size-fits-all training was
rolled-out through a company from CEO to Intern is tragically (and
again, dangerously) out of date. Successful tr
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
ining – the kind that
retains profit and creates more profit – must reflect the needs of a
particular team or function within a company.
This may sound expensive; and in fact, one of the big reason that old- fashioned roll-out training has been relied upon is because it’s seemingly easy to administrate, and even easier to predict costs (as
This may sound expensive; and in fact, one of the big reason that old- fashioned roll-out training has been relied upon is because it’s seemingly easy to administrate, and even easier to predict costs (as
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
needlessly high as they may be).
Yet as economists are clearly pointing out – without emotion, without bias, in the great way that economists point things out – this old- fashioned training approach is more expensive than the new, customized skilled workforce training. This is because focused training can be measured and tracked much more p
Yet as economists are clearly pointing out – without emotion, without bias, in the great way that economists point things out – this old- fashioned training approach is more expensive than the new, customized skilled workforce training. This is because focused training can be measured and tracked much more p
.
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
actically than generic
company-wide training. Furthermore, this customization allows training
to be tweaked and adjusted as business needs and market conditions
require.
A Final Word…
Keep in mind that the key argument here isn’t that training is good. This isn’t pro-training boosterism; and it’s certainly not a lobbying effort on beha
A Final Word…
Keep in mind that the key argument here isn’t that training is good. This isn’t pro-training boosterism; and it’s certainly not a lobbying effort on beha
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
f of financially neglected Training and Development professionals
across the globe. The perception that training is essential is sourced in
the emergence of the most powerful, and possibly most dynamic, labor
market concept in history: the skilled workforce.
And the message that it’s telling us? Clear and simple: training is not an option
And the message that it’s telling us? Clear and simple: training is not an option
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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