Digg It - Business

When it comes being a Christian in business, one of the things that will help you reach your goals and face the inevitable trials that life will thro

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

w in you pathway is to maintain the right attitude.

One way to do that is to be convinced of your purpose in life.

FACT: So many people (in

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

Examples of combination products may in

luding believers) live life with all its great potential with little or no purpose.

Having a sense of purpose in business is essential for your long

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

term success.

After all the writer of the Book of Proverbs tells us that; "Without a Vision, People Perish..."

This is true of individuals...

It

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

is true of nations...

It is true of businesses...

Ok so how do you develop a sense of purpose?

1. First, You Need to Have a Vision for your Bus

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

Combination pro

ness.

Where is it heading?
How is your business impacting the lives of others?
What plans do you have for your busin

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

ess to be a blessing to others?

Very Important - what specific things, can you do to improve your business?

Next, you need to g

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

ab a pen and paper (or a keyboard and mouse) and write your vision down. Print it out and refer to it often.

2. Develop an Attitude of Gratitude.

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

/b> Seriously - your attitude determines your altitude in life. Like it says in the book of Proverbs; 'As a man thinks in his heart - so is he'

W

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

hen you are thankful for the blessings in life, you are way more open to seeing the solutions to the inevitable problems that every business owner h

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

s to face. Cynical people just seem unable to tap into positive solutions.

Their attitude blinds them to blessings that are staring them in the fac

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

Following aspects would a

. The same is true with bitterness.

3. Make it a Habit to Consistently Reward Yourself. You would be astonished at how motivated you can be

dd to the challenges in developing combination products:

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

come when you set incentives for yourself.

NOTE: Businesses the world over have learned and are using the power of employee incentives - spec

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

al bonuses and rewards for meeting key performance indicators, sales targets, client retention levels etc

Choose an incentive that genuinely means s

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

mething to you. In my case, I choose travel. I'll tell myself; "If I make a $25,000 sale this month, I'll take another trip to China!" (I went ther

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

e 4 times last year)

4. Pray for Your Business. Ask God to place His blessing on it. But don't just pray and leave it at that. Act each day

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

Professional from academic institutions, pharmaceutical industries, health care indust

s though Jesus owned your business. Be a good steward.

5. Choose a Project for Your Business to Bless. Perhaps helping with an orphanage in t

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

e 3rd world, sending a Chinese farmers kid to university (you will change their life beyond measure) or some other project.

NOTE: When your b

.

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

usiness has some bigger purpose than simply providing for you and your families immediate needs and wants, you will be astonished how it can take on

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

Companies that provide selfless information through particip

whole new life of its own.

All of these things will help make the task of finding and maintaining the right attitude in business a whole lot easier

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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Digg It - Christian Business Basics - Having the Right Attitude

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