Digg It - Business

Women have 3 assets that I see as secret weapons in the business world. For the past 30 years or so, women have been encouraged to behave as their male counterparts do so they can succ

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

eed and achieve equality. To me, this is backward and counterproductive because they have several valuable skills that businesses need to grow and serve their customers well. Since peo

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

Examples of combination products may in

le are unique, these assets show up differently in each woman. Today I'll share the 3 most important of these abilities with you. My hope is that these skills will be recognized for th

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

e powerhouses of strength that they truly are.

Women have strong verbal communication skills. In fact, scientists and psychologists tell us that women speak more than 3 times as many

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

ords during a day than men do. Furthermore, our conversations tend to involve responsive listening and focus on the process of relations rather than sharing facts. Women know how to bu

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

Combination pro

ild rapport, understand a person's strengths and weaknesses, and can easily include encouragement in conversation. Businesses need effective communication and team building skills, esp

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

cially in sales, marketing, and negotiations.

Second, women are intuitively skilled negotiators. They have been conditioned for centuries to get what they want through negotiation and

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

community. No matter how you feel about it, this is an historical fact and is our present reality. Women had little economic power, and they learned how to work in a system where they

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

weren't the boss. Rather than direct bloody fighting and wars, they learned to work with others and create good compromises or find a win/win outcome. Now that they have economic freed

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

om, they can use the skills they've learned to help themselves reach their goals and do it with class. these skills can help an organization flourish by creating partnerships with thos

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

they do business with. Win/win situations are good for everybody, and women have a talent for finding ways to make that happen. They've done this socially for centuries, and their mot

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

Following aspects would a

hers have taught them these skills from infancy. Women just don't recognize it and thus think they can't negotiate in business matters. They can, and they can often see win/win options

dd to the challenges in developing combination products:

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

that their male colleagues miss.

The final secret weapon women have is their ability to work as part of a team. Again, this is partially due to their inborn character as a female and

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

partially due to their cultural conditioning. Have you ever noticed that when you're with a group at a restaurant, one woman at the table says she's going to use the ladies room; almos

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

immediately others will go with her? They often will go as a group and will come back to the table together. You don't see this behavior from men. Our culture seems to value the image

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

of a self-made tycoon who takes the business world by storm. Reality is very different though. Most "self-made" business tycoons have a quality team of support staff behind them. It i

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

Professional from academic institutions, pharmaceutical industries, health care indust

actually the power of the team that brings success. Those companies who reward employees for good teamwork will profit and will survive when hard times come. Women excel at teamwork,

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

and they should be sought out for this quality. Mary Kay Ash understood this well, and she became wealthy by creating a team and helping each team member to reach his/her personal goal

.

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

.

Women who recognize the power of these 3 secret weapons can accomplish anything they want to do. Using her strong communication skills, her ability to negotiate well, and her teamwo

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

Companies that provide selfless information through particip

rk skills, the sky is the limit. Will she be a self-made tycoon? Probably not, and to me, that's as it should be. Can she build wealth and reach her dreams? Yes! You would win that bet

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/47030/diggit-Women-Have-Three-Powerful-Secret-Weapons-In-Business.html">Women Have Three Powerful Secret Weapons In Business</a>

BB link (for phorums):
[url=http://www.diggit.org.ua/article/47030/diggit-Women-Have-Three-Powerful-Secret-Weapons-In-Business.html]Women Have Three Powerful Secret Weapons In Business[/url]

Do you know what's important in the Interview Process? What questions do you ask? What questions do you think the employer will ask you. Be equipped for the interview in advance. This may be the difference of whether or not you get the job!

Learn some quick tips to maximize your trade show experience! You'll learn not just how to attract visitors, but how to plan and get new contacts!

By the way he handled 9/11, Rudy Giuliani showed he's one of the great leaders of our time. Looking to him for guidance on how to be a better leader will help you improve your small business.

Tags

Links

Digg It - Women Have Three Powerful Secret Weapons In Business

Related Articles: