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PERFORMANCE APPRAISALS BENEFIT THE ORGANIZATION:

Appraisals help spot employees with potential for

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

advancement. Appraisals bring attention to the so-called high-potentials — people who have both the

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

Examples of combination products may in

will and the ability to excel in the organization. Appraisals can also aid in the human resource pla

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

nning of the organization. --Appraisals provide management with a profile of the supervisor. One imp

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

ortant incentive for supervisors to do appraisals expertly is that higher management can observe the

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

Combination pro

ir skills in managing and developing their staff. --Appraisals help ensure that everyone is working

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

in the same direction. During the evaluation meeting, supervisors can convey the mission and goals o

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

f the organization to their employees. --Ultimately, individual performance is judged by contributio

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

n to these overall goals. These are all reasons why giving a good appraisal interview is essential.

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

GIVING A GOOD APPRAISAL INTERVIEW:

Following the discussion, allow the employee time to reflect on

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

the discussion and provide comments on the appraisal form. Any discussion on performance, formal or

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

Following aspects would a

informal, if carried out successfully, can have a positive effect on everyone involved (supervisor,

dd to the challenges in developing combination products:

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

employee, and organization). Such review can build mutual credibility and trust and help develop bet

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

ter communication. In most cases employees want to do a good job. They want to grow and be more know

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

ledgeable and skilled in the future. The organization and management need to make a commitment to th

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

at goal in order to make full use of the human resource potential they have. Share this goal with em

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

Professional from academic institutions, pharmaceutical industries, health care indust

ployees as well.

GOALS (AT WORK) IN AN ORGANIZATION:

Reflect the shared vision of the leaders or f

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

ounders of that organization.

--Help achieve the aim and purpose of the organization.

--Communicat

.

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

e the organization’s vision and purpose to the employees who will carry out the plan.

--Integrate t

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

Companies that provide selfless information through particip

he organization’s goals with the goals of its employees in order to achieve growth and profitability

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 - Your Organization: Using an Appraisal to Your Benefit

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