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Digg It - If You Hear Something In Your Performance Review That Surprises You, I Haven't Done My Job!
If you're like most business owners and managers, there's one first quarter task that you dread - giving your employees thei
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
r performance reviews. The process is difficult, sometimes painful, and always time consuming, if the reviews are done right
; 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
. Understandably, managers just don't like having to sit across the table from someone and confront them with shortcomings,
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
or even to give them "bad news."
A meaningful performance review process, however, doesn't just happen once every year - it
A meaningful performance review process, however, doesn't just happen once every year - it
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
happens every day throughout the year. As uncomfortable as it might be, if you want the performance from employees that wil
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
l make a real difference, they have to be counseled and coached on a regular, ongoing basis. This is the only way they are g
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
oing to have the constructive input and continuing reinforcement that they need to really improve and perform at a level tha
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
allows both them and your business to grow.
As the owner of your business, or the person responsible for making things hap
As the owner of your business, or the person responsible for making things hap
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
pen, it's your job to create the accountability that gets the results you are looking for. Do you want to create real accoun
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
tability for yourself and for your company? Then tell your employees something like this: "The HR policy of this company (or
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
, this department) is for you to know where you stand - what you do well and what you need to do to get better - all the tim
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
e. If you hear something in your performance review next year that surprises you, then I haven't done my job! And, if your m
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
anagers tell you something for the first time in your performance review, then they haven't done their job."
When you go on
When you go on
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
record with a statement like this, you are creating real accountability in your business. You're putting every employee of
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
he company on notice that communication doesn't happen just once a year. Every manager knows that he or she is not going to
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
be able to "slip" some criticism into the conversation, covering it with platitudes and niceties; and every employee knows t
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
hat the reviewing manager hasn't met the responsibilities that you have laid out for them, if they are surprised during the
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
review.
Communication often proves to be a challenge for people, even though we all recognize that it's the foundation of s
Communication often proves to be a challenge for people, even though we all recognize that it's the foundation of s
.
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
uccess. Sometimes the issue has to be forced and an accountability environment has to exist that compels people to talk to e
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
ach other. Performance reviews are too important to the success of any business to not be part of the accountability process
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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