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Digg It - How 'Hiring Now' Is A Hint You Have Problems
Advertising to those already sold on the McDonalds ethic is not a bad way to get free publicity for their recruitment needs. Indeed if you
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
ever have the need to recruit, pitching adverts at where your customers can see them is a great way to get employees that fit your values a
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
nd business niche.
Why were they advertising at all? How is it that somewhere needs to ensure that they have a steady flow of employees in
Why were they advertising at all? How is it that somewhere needs to ensure that they have a steady flow of employees in
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
bound, with all the cost- penalties that entails, rather than people who stay?
In the case of McDonalds, they probably have a higher turno
In the case of McDonalds, they probably have a higher turno
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ver of employees because of the nature of their business. Many part-timers; lots of young people; students coming and going as they pursue
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
their education (not to mention financial needs!).
In other organizations, where they find the need to recruit regularly, this in itself s
In other organizations, where they find the need to recruit regularly, this in itself s
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
hould be a sign that careful consideration needs to made about the symptom - regularly needing to recruit - as well as any other factors th
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
t might indicate an environment where employees leave, regularly.
Where there is a high absence level; high turnover; a higher than expect
Where there is a high absence level; high turnover; a higher than expect
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
ed level of customer complaints, for example, these all add up to indicating that there is potentially a far greater malaise. And that is m
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
uch more likely to need closer scrutiny than just fighting the high turnover fire.
Time to get real clear on just what bugs your people -
Time to get real clear on just what bugs your people -
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
what is irritating them sufficiently that they will leave you for something else. And remember, those who leave give you real evidence - wh
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
at about those who stay - and deliver way below what you would want them to.
From these people you get no hint that they are just not work
From these people you get no hint that they are just not work
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
ing as effectively as they might. And that's worse!
One challenge is, well, just what is high turnover? In many larger organizations, ther
One challenge is, well, just what is high turnover? In many larger organizations, ther
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
e have benchmarks or peer businesses that can be easily measured against. If not, a great way to check how you are doing is by a rolling av
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
rage. add 12 months together and divide by 12, updating each month as you go.
Then the challenge is to beat the rolling average, by taking
Then the challenge is to beat the rolling average, by taking
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
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
small steps to hang onto your people. In larger organizations, get a few of your team involved in heading off issues that are likely to ir
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ritate your people.
Better still, get individuals for all levels within the organization, team or department to form a working party, with
Better still, get individuals for all levels within the organization, team or department to form a working party, with
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
explicit conditions that all are to be treated equally and listened to equally, creating collaborative solutions to the issues uncovered.
.
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
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
Bottom line is, the more you know about what is annoying your people - even little things - the better you can respond and retain your peo
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
ple longer.
Of course, only you can decide whether you listen hard enough - and respond constructively enough - to what you hear from them
Of course, only you can decide whether you listen hard enough - and respond constructively enough - to what you hear from them
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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