Cases - Business

When you have goals for your business, you expect your employees to work toward those goals. However, more often what is occurring is that work time is becoming a social hour. When you

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

look around and see employees hanging around chatting and not getting their work done, it can be extremely frustrating. There are things that can be done to eliminate the downtime of

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

Examples of combination products may in

our office.

There are times when employees wait for instructions and do nothing until they get them. They follow the leader. If you have the drive and ambition to be the leader, than

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

aybe you should try it out.

There are some who believe that leadership is a quality you are born with. However it is more likely that it is a skill that takes many years to develop. I

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

t takes not only a lot of drive and determination but also the ability to be the Bad Guy sometimes.

It is important to remember that a good leader must be a person who is willing to c

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

Combination pro

ntinuously improve their leadership skills to set an example for your employees.

The definition of leadership is that an in order to be an effective leader you must be able to persuad

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

your employees to accomplish a goal. It is important for a leader to contribute as much as the employee.

A good leader does not need to exert power through fear or intimidation, nor

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

does a good leader harass the employees or use underhanded power plays. A good leader encourages his or her employees to do their best in achieving the goals that are set. Goals that a

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

e not so far out of reach that employees feel they can never be met.

A good leader will not have any problem with people following him or her. When they see you have a sense of purpos

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

and an air of confidence, you are more likely to be taken seriously. If you walk around like you are lost and confused then your employees will not respect or follow you.

As the owne

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

of your company you must have a clear vision of where you want your company to go. A mission statement will aid your employees in meeting objective set by you. Make sure that all of u

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

Following aspects would a

pper management understands what the goals you set are so they can make it clear to the rest of the staff.

Being a good leader is not just about telling people what to do. When you le

dd to the challenges in developing combination products:

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

d by example, you are letting your employees know that you will not ask them to do anything you would not do yourself.

Studies have indicated that one of the major factors in building

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

leadership is to gain the confidence of your employees. When your employees trust you, and better yet, respect you, they will give more of themselves to their jobs.

The manner in whic

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

h you handle your employees will say a lot for your leadership abilities. If you show strength as well as compassion you will be build the confidence of your employees.

When you gain

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

he trust and confidence of your employees, they will understand what you expect of them. Communication is one of the most important factors of being a good leader. Showing them instead

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

Professional from academic institutions, pharmaceutical industries, health care indust

of order them will gain their respect quickly.

Using good judgment is also a skill that a good leader uses on a daily basis. You have to be able to clearly assess any situation and ma

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

ke a decision quickly. Your employees will soon realize how vital your judgment is and rely upon it.

Leadership does not include being a know it all. When you ask the opinions of your

.

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

employees and respect what they have to say, then you will in turn be gaining their respect. Recognizing that your employees may have a lot to say and contribute is showing good leader

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

Companies that provide selfless information through particip

hip skills.

Being a good leader is not a part time job. It is a lot of responsibility. It is important that you remember that being a leader is built on how your employees look at you

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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The Department of Minerals and Energy has embarked on a small-scale mining programme aimed at encouraging and facilitating the development of economically viable small-scale mining and mineral-based industries, in line with the government's desire that small miners gain access to mineral rights suited to small mining activity.

Organisations that do not make a serious commitment to identifying, assessing and managing hazards and risks in the workplace suffer the human resource and financial costs!

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