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Digg It - Engage Your Employees Through Discovery
Large or small, companies can have a difficult time keeping employees engaged. “Engaged” is a term used to describe employees who are still motivated about their work and excited about the possibilities of your company and your products or services. When an employee’s work for you becomes routine for them 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 , he will often start thinking of his position as just another job for just another company. Suddenly, “the grass is always greener” comes into play and your employee starts seeing better possibilities outside of your company. We all remember the excitement of finding a great new job: the potential of wha ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in t the future may bring, the challenge of learning new tasks or roles, and the opportunity to meet new and interesting people. Even knowing that this excitement rarely lasts long before it, too, becomes routine doesn’t stop people from changing jobs. Retention of your employees requires your attention 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. time. If you’ve done much hiring, you already know that recruiting takes much more time and money than retention. Turnover can be disastrous to your employees’ morale, your company’s knowledge base, your budget, and your production schedule. But how do you re-engage your employees in an effort to stop or p here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe revent turnover? There are at least as many ways as there are people suggesting them. One method I’ve found that works well is what we’ll call “Discovery Days.” Discovery Days evolved after hearing feedback during managers’ meetings. The managers complained about the lack of shared knowledge between depa d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro rtments. What I discovered wasn’t unusual. As small companies grow, it’s easy for each department (or employee) to become so involved in meeting deadlines or doing the job that the big picture is lost. Knowing why you are doing a task or job helps keep it interesting. You are no longer standing on a produ 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 ction line watching for a below-standard product to roll by. You are the last line of defense for the company, ensuring that customers will receive an above-standard product that cures their problem. The only way your employee is going to understand their role in the bigger picture is if you explain it. D 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 iscovery Days is possible whether you have multiple departments or just multiple employees. The concept is rather simple; talking management into participating can take a little more effort. Each department head prepares a presentation about what the department does for the company, how they do it, status nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically of current projects, and projects in the pipeline. The presentation itself should take between 30-45 minutes and time is allowed for a question and answer period after the presentation. Scheduling an hour usually works well. Depending upon the ability of your employees to stop working to attend, each pre 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 sentation should be given at least twice. Schedule the presentations so they fall on different days and times to ensure everyone in the company has the opportunity to attend. For example, schedule a Tuesday afternoon one week and Wednesday morning the next. Talk with front-line managers to find out when wo ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi uld be most convenient for their employees. If you make it hard for your employees to attend, Discovery Days becomes a negative instead of a positive. You can schedule a series of presentations so one department presents over a two-week period, the next department over the following two-week period, and s ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a o forth until all departments have presented. That’s the pattern I followed the first time I did Discovery Days. The advantage was that all the department heads were working on presentations at the same time so it was easier to meet deadlines. It may also be easier to work a series into your slow period ea dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ch year. The downside of a series is that it’s difficult to do it more than once each year, so a long time goes by before it begins again. A better schedule is one that happens more frequently so employees are constantly reminded of the company’s goals and vision. Setting up Discovery Days so one departm cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin ent presents each quarter gives you an on-going re-engagement plan. A quarterly presentation also makes it easier to have all employees attend each department’s presentation because they only attend one meeting every three months. However, you still want to have more than one presentation scheduled for eac tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen h department so production doesn’t stop because everyone went to the presentation at the same time. How does this work if you are smaller and don’t have specific departments? Your Discovery Days will be simpler but still hold value. Even if you only have a few employees, you’ll want to make sure they unde 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 rstand what your company is doing, trying to do, and what you hope to do in the future. Connect their jobs to your current and future goals and projects. Explain how the widget they help build helps the company and helps the company’s customers. Success relies on several factors. First and foremost, it is ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust critical that senior management agrees to make the presentations and understands the value these add to the retention and engagement of all employees. Next, make sure all supervisory personnel also understands what you are doing and why. You want the anticipation for these presentations to build and creat y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products e excitement and interest. The meetings cannot be mandatory or they will lose value. It is management’s job to encourage employees to attend and arrange attendance to ensure normal production continues. In addition, you must schedule these during work hours and pay your employees for the time they spend a . 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 t these presentations. Although you could schedule these during lunch hours, it’s not really the message you want to send … that you don’t feel these are important enough to take work time for them. You will probably find, as I did, that the first meeting will have the lowest attendance because employees elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip don’t really know what to expect. Once word-of-mouth gets out, the meetings are well-attended if you are presenting interesting information. I have found that employees become, once again, highly motivated when they are reminded of what the company is striving to achieve and how all the pieces fit together 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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