Digg It - Business

Whether right out of college, graduate school or coming in from another company, managing personal success in any corporation is challenging. Globalization, downsizing and outsourcing all have made that cha

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

llenge even greater. There are steps that anyone coming into a corporation can take that will guarantee a degree of success, if not the CEOs desk (or perhaps cubicle for some companies today).

1. Learn you

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

Examples of combination products may in

new job inside out. Know more about your job than anyone in your company. And once you know everything about your job, learn all you can about the functional jobs that intersect with yours. Also learn al

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

l you can about your boss's job. But first, be the expert in your job, not just in your company, but in your industry.

2. Meet people. Meet people of all titles, functions, organizations and roles in your

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

company. Build you network. But do not stop there. Join one local and one national professional organization. Get to know others outside of your company in your field. This is more important than most peo

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

Combination pro

ple realize. Your network outside of your company is even more valuable than that within your company although it takes more effort and “care and feeding”.

3. Get your credentials. If you do not have an M

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

A and those around you or above you have them, get one. Hopefully your company will pay for it. It you need other advanced degrees or professional certifications, get them. Do not wait. This is important to

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

o. If the company pays for it, great. If not, it is an important investment. And make sure those you are working with are aware of your on-going academy and professional work – not just you boss but co-wor

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

ers and your boss’s boss too.

4. Look up. What are the people one and two layers above you doing? Talking about? Wearing? If you aspire to success you need to look up not just at your peers. Are the bosse

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 golfers? Then learn to play golf and learn to play well. Or tennis. Or whatever. These things will be increasingly important for expanding your network and at functions such a conferences, retreats and fo

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

ums.

5. Take on more than you are assigned. Once you know your job inside out, offer to take on special assignments. This can be work on committees, task forces or other additional work items. While the

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

Following aspects would a

ld military adage is not to volunteer, in the corporate world, volunteering to do more will get you attention. Of course it is a given that you will do a superb job with whatever you take on.

6. Be the fir

dd to the challenges in developing combination products:

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

st one in your department in each morning. Get a head start on everyone else. Not just some days but every day. And working a half day without being asked on either Saturday or Sunday is a good idea to sta

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

ahead of the curve too. Does that mean you should be the last one to turn off the lights each night? No! While being in early is an advantage. Being the last one in, unless working on a special group or te

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

am deliverable can have the opposite effect. Those who work last consistently are view as slow, overwhelmed and it begs the question of what did they do all day.

7. Work and friendship can be a dangerous t

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

ing. Whether its buddies or dating. Keep office relationships professional. The end.

8. Stay sharp. Work out. Get enough sleep (unless you are one of those fortunate very few like Henry Kissinger and Marth

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

Professional from academic institutions, pharmaceutical industries, health care indust

a Steward who do not require much sleep). Read. When not in the office, do not be a slug in front of you television or your computer. Being fit and mentally sharp are vital for the marathon of corporate s

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

ccess.

9. Do not get stale. If you have been in a specific job for two years you have three options: find a lateral job, find out how close you are to a promotion in your department or look for another job

.

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

outside the company. This is firm. After two year you are a “lifer” in any position. And that is NOT a good thing.

While there is no guarantee for success in the turbulent world of corporations due to t

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

Companies that provide selfless information through particip

keovers, bankruptcies, downsizing and off-shoring, the steps outlined above will give those who consistently follow them a significant advantage over their co-workers and in many cases, over their bosses too

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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Xhanging a brand name requires a lot of energy. OpenBC, the networking company, has taken mayor this step to change their (brand) name. From now on, they are called XING.

I started my career at 18 by being a full-time telephone collector. I made outbound calls to late-paying credit clients, and when I was successful, they’d commit to resolving their delinquencies by a certain date. Then, I became a top outbound telemarketer and manager for Time-Life Books, and you might say, though I’d earn numerous degrees that helped me, my career was determined at that time. But why did I choose phone work? I chose it because I was baby-faced at 18, and though I had no little intelligence and drive, and a mature, trained voice, few believed I could handle a face-to-face selling job, and working in supermarkets or at fast food joints wasn’t for me. So, my youth drove me to dialing and smiling. But this isn’t where my story stops. I expect my career will be cyclical, that I’ll return to the phones once more...

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