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Digg It - Time Management Tips for Managers
Late last year I was presenting a workshop for the senior managers of a major organisation. Whilst doing a pre-w
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
orkshop survey to assess the challenges these managers were experiencing it became very apparent to me that many
; 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
of them were showing the signs of business burn-out. And it was no wonder why. They were suffering from 'Priori
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
ty Problems'. Quite simply they were making the mistake of doing the urgent rather than the important tasks.
Th
Th
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ey were working extremely long hours, with no time for themselves or the people in their lives. Their offices an
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
d departments were cluttered as was their communication as a consequence. This meant that they had difficulty co
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
mmunicating effectively with team members and, worse still with their families. Naturally this had a huge impact
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
on the morale and productivity of their teams and the bottom line. What it did on the home front was even worse
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
!
And yet overcoming Priority Problems is pretty easy. All you have to do is look at what successful managers d
And yet overcoming Priority Problems is pretty easy. All you have to do is look at what successful managers d
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
o and model their behaviour. You'll also find that they are very effective with their time management skills.
F
F
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
ive Secrets of Highly Successful Managers:
Highly successful managers are great role models
They pr
Highly successful managers are great role models
They pr
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
actice what they preach.
Highly successful managers invest time and money in their team and themselves
The
Highly successful managers invest time and money in their team and themselves
The
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
y develop their people and themselves through education and coaching.
Highly successful managers are organised
Highly successful managers are organised
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
They learn effective time management skills so they can manage their time and have systems in place which e
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
nables them and their team to work on the important issues.
Highly successful managers are fit and healthy
Highly successful managers are fit and healthy
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
>They understand that a healthy mind and body improves their productivity and general well-being.
Highly succes
Highly succes
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
sful managers have a life
They apply their time management skills so they can enjoy ensure their personal l
They apply their time management skills so they can enjoy ensure their personal l
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ife is a priority. They know by having a balance makes them a happier and more successful manager.
The
The
.
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
result of putting these secrets into action is pretty simple. Highly successful mangers get their priorities abo
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
ut people, work and home right! They hone their time management skills and apply them to all areas of their life
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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