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  • Advice You - Fixing The Wal-mart Image

    It would be so easy to clean up the image of the company. Over the course of four years I made every attempt to explain to the corporate offices the reason the company
    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
    was beginning to look so bad.

    The downfall of this company will be the loss of the dedicated associate base it originally had when Sam Walton was still alive.

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

    Examples of combination products may in
    ly, although I spent all of my work days among the hundreds and thousands of Wal-mart associates working in the stores the corporate officers did not think it could be
    lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.

    I knew something they didn’t.

    Sam believed in listening to the associates.

    The company still says, “Our people make the difference.” They do and it is the associates
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    will make or break the company as time goes by.

    The corporate officers, who are paid very well, may love their jobs simply because of the pay.

    The average Wal-mart as
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    sociate loved their jobs even if the pay and benefits were not so wonderful. Why? Because it was a wonderful place to work when the atmosphere held Sam’s culture and
    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
    it was something they enjoyed doing.

    There is a way to look at it that seems to be overlooked by many. We have all heard of the starving artist. The artist that love
    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
    s what he or she does so much it makes no difference if they have money to eat.

    At Wal-mart, the culture was so fine going to work was fun. Going to work was better t
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    an doing anything else. The atmosphere of the store made a person want to be there even when they weren’t working.

    A list of, Sam’s culture, what now is nothing more
    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
    than propaganda is what hangs on the back hall and break room walls.

    Liars, thieves and thugs roam the halls of this company now. There are many managers who have no
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    respect for the people that care the most. The corporate officers no longer have that touch that Sam had. The open door has slammed shut and means nothing now that th
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    original culture has died.

    Respect is a thing of the past. There is no respect and with the loss of it the associates no longer want to be there for anything more th
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    an a pay check.

    There were so many good, wonderful things associated with working for Wal-mart, things that made the amount of pay and benefits given unimportant to mo
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    t of the workers.

    The way that they (the corporate officers) are treating Tom Coughlin is the way that they handle the associates now.

    There is no respect and there i
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    s no “servant leadership” left.

    If anyone would seriously look at the way things were done when Tom and Sam were working together I am sure they would find all of it,
    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
    he entire situation, was taken care of the way Sam would have done it. I can not say I am sure as I wasn’t there but I would bet the most I could, on the fact that Tom
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    did not do anything that Sam would not have approved of.

    Come on, be serious, what would Tom have to gain by doing something wrong after all the years he spent doing
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    t right?

    There is more to it than that and eventually the source of the problems will be found and I believe that it will be much more than anyone expected. I have my
    .

    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
    suspicions and believe it or not I feel the only reason, Tom was going to retire was because he knew that the company was being led in the wrong direction and he wante
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    out and they didn’t want him around anymore.

    If they only would do all of it Sam’s Way there would not be so many problems. Now it is “The Walmart Way” Not Sam’s Way


    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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