Digg It - Business

How do we begin to understand the art of leadership and its indisputable importance in today’s w

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

orld? Research, theory, and general musings on the topic can be found in abundance. In fact, i

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

Examples of combination products may in

f you were to do an online search of “leadership,” you’d find literally millions of entries. We

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

tried this recently and unearthed 173,000,000 on Google alone.

We read, hear, and talk about l

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

eadership all the time. We read about the executives at the helm of corporate giants, like GE,

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

Combination pro

and high profile non-profit organizations, such as the American Red Cross. We engage in heated

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

debate about the leaders of our nation, the U.N., the local school board, and our houses of wors

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

hip. The context varies but the importance of strong leadership does not.

At its essence, lead

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

ership is about inspiring others to follow. (As the proverb goes, “If you think you are leading

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

but no one is following, you are simply taking a walk.”) Some postulate that leadership is fun

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

damentally about influence. Others assert that it’s about creating positive change, refusing to

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

Following aspects would a

be content with the status quo. Still others focus on the leader’s role in developing and comm

dd to the challenges in developing combination products:

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

unicating a powerful vision… and instilling in others the collective passion to see that vision

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

fulfilled.

It’s all true. A great leader knows how to inspire and motivate those around her.

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

She knows how to get the most out of her followers. She skillfully focuses her constituents on

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 fulfillment of the organization’s goals.

An exemplary leader earns the dedication and loyal

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

Professional from academic institutions, pharmaceutical industries, health care indust

ty of his people. He fosters commitment and trust. His followers would, literally or figurativ

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

ely, follow him straight into battle.

Perhaps it’s time to ask yourself: Whom would you willing

.

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

ly follow into battle? What do they do to inspire this level of trust and dedication? How can

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

Companies that provide selfless information through particip

you learn from them to further develop your own skills and become a truly great leader of 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

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/1162/diggit-The-Art-of-Leadership-Part-One.html">The Art of Leadership: Part One</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/1162/diggit-The-Art-of-Leadership-Part-One.html]The Art of Leadership: Part One[/url]

Workplace disappointment is a growing problem in today's small business IT marketplace, the inability for technicians to deliver quality and timely services to clients due to increasing demands and lack of quality talent in the available talent pool right through to vendors not coming through on promises in the channel is causing the level of disappointment to rise right through the ceiling.

A viral video can launch your brand into the stratosphere. But with all the videos out there, how can you make sure yours gets seen? While you never can predict with 100% certainty which videos will be knock-out successes, there are a few things you can do to raise your chances.

In any type of business, one of the most important aspects is your employee morale. While this may sound like some type of HR buzzword, it is a vital piece of the puzzle. Unhappy workers produce less work. Not to mention, the quality of the work usually leaves something to be desired. Happy workers produce more quality work.

Tags

Links

Digg It - The Art of Leadership: Part One

Related Articles: