Digg It - Business

Often as I work with owners of small businesses, I find that an easy goal to achieve is the improvement their t

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

eamwork. At the base of motivating their team members, I find many business leaders make a common mistake when

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

Examples of combination products may in

they think feedback is about behaviour correction rather than individual motivation.

Feedback

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

often and directly

Virtually no one thinks they get enough feedback, because virtually no one gives enoug

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

h. So I would encourage you to give your feedback promptly while the event is fresh in everybody’s mind

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

Combination pro

and any improvement lessons are clear to see.

Be specific and in context

Before you give feedback, I w

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

ant you to provide a specific context to each of your comments: "I want to talk about the report you wro

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

te yesterday."

Then point to what went well and what did not for the individual or your team and I urge you to

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

always describe actual behaviours.

Then follow your point by expressing the impact of the event, to ex

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

plain why it is important to you and how you felt about it.

Have the right ratios

Everyone enjo

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

s praise, so I insist that you point out the individual’s strengths first and give at least six positive com

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

Following aspects would a

ments for every negative one. Remember that you are giving feedback for the other person’s benefit and so y

dd to the challenges in developing combination products:

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

our business will perform better.

Even if a mistake has cost you money, avoid shouting and screaming because t

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

hat will just demotivate your staff and encourage them to change employer. Rather you should reframe the eve

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

nt as a training investment where you and your employee can learn to do better next time.

Then l

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

isten for their feedback

Make sure that you give your staff an agreed way forward particularly when they h

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

Professional from academic institutions, pharmaceutical industries, health care indust

ave taken critical feedback. I usually offer individuals the chance to reflect overnight and then to come back

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

to me with their response at a later time and place.

Try asking at the close of your next conversation: "Wh

.

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

at difference does this feedback make to you?" Be ready for a short silence … even a surprised one … but ha

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

Companies that provide selfless information through particip

ng in there and listen for their answer. And you will become a better boss, leading a better team

tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products

HTTP = HTML link (for blogs, profiles,phorums):
<a href="http://www.diggit.org.ua/article/45633/diggit-Business-Team-Building-and-Employee-Motivation-How-Good-is-your-Feedback.html">Business Team Building and Employee Motivation: How Good is your Feedback</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/45633/diggit-Business-Team-Building-and-Employee-Motivation-How-Good-is-your-Feedback.html]Business Team Building and Employee Motivation: How Good is your Feedback[/url]

Here is information on your business model every Newbie in the direct marketing business needs to get started. Written by one who has been there, this is a series of practical tips, illustrated with plenty of real-life examples. Humour is included at no extra charge, particularly for the scary bits.

Do lift notes still lift response rates in business-to-business mailings? Yes, as long as they stand out.

You’ve probably heard of focus groups. It’s a tool that the big boys use to quickly test a new product or service or to get fast feedback from potential customers. Focus groups do not provide real, actionable information but are great for what I call “clue hunting.” Could a focus group help you test an idea for a product or service? And, if so, how do you go about holding a focus group. This article explains how to hold a successful focus group and what you can expect to learn ...

Tags

Links

Digg It - Business Team Building and Employee Motivation: How Good is your Feedback

Related Articles: