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Subjects - Leadership Defined
The buzz almost everywhere these days is about valueless leaders and corporate deception. As Allan Greenspan so aptly puts it, we are living through an era of "infectious greed." Whether what has gone on was either illegal or unethical, I'm content to let
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
that be determined by the courts and regulators. But, there is no doubt that CEO's have been looking out for No. 1 at great expense to shareholders and the country. We are dismayed and rightly so. Too often we have witnessed those caught up in this power
; 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
ulture spin out of control. We have seen it politically, in the corporate world and in many other places including the church.
"A successful manager is not a person who can do the work better than his people; a successful manager is a person who can g
"A successful manager is not a person who can do the work better than his people; a successful manager is a person who can g
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
et his people to do the work better than he can." Fred Smith
The one thing we are beginning to recognize is that we have strayed from the proverbial path. At one time corporations and their leaders had a social conscience. They not only were economi
The one thing we are beginning to recognize is that we have strayed from the proverbial path. At one time corporations and their leaders had a social conscience. They not only were economi
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ally viable but they also allocated a portion of their profits to give back to their community. So is what is happening all bad? I don't think so. We have just received a huge wake-up call and the time has come for us to examine what type of people we want
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
to be and the type of people we want to have in leadership positions. It is also a time for leaders to examine their own motives and reassess the type of legacy they wish to leave.
WHAT DOES GOOD LEADERSHIP IMPLY?
Leadership is defined
WHAT DOES GOOD LEADERSHIP IMPLY?
Leadership is defined
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
rimarily by what we do, not by the role we have been assigned. Good leadership starts "in here" and has values, clarity and a vision of what is really important. People instinctively follow good leaders. In essence who you are comes before what you do. If
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
you are wondering whether you are a good leader, simply remember what you were like the last time you were under pressure or stress. Your actions spoke louder than words.
Good leaders have high expectations both of themselves and others. They develop rel
Good leaders have high expectations both of themselves and others. They develop rel
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
tionships and believe in people. They understand their ability to influence the performance of others. Effective leaders convey an energy and a passion that encourages others. They are not interested in blaming others for problems but rather look for solut
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
ions.
Good leaders set an example. From the volumes of literature on leadership research, we learn that above all, people want to believe in and trust their leaders. Credibility makes a huge difference in both our performance and our commitment to an org
Good leaders set an example. From the volumes of literature on leadership research, we learn that above all, people want to believe in and trust their leaders. Credibility makes a huge difference in both our performance and our commitment to an org
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
nization.
Unfortunately what we have been witnessing recently is the actions of a few who have climbed their ladder of success wrong by wrong!
Good leaders don't fake it. As an executive, if you believe the people you lead don't recognize your weaknesses
Unfortunately what we have been witnessing recently is the actions of a few who have climbed their ladder of success wrong by wrong!
Good leaders don't fake it. As an executive, if you believe the people you lead don't recognize your weaknesses
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
, think again. As their leader, it is up to you to set the tone by managing your own conduct.
At the same time good leaders don't devalue the contributions of others. Synergy is built by the exchange of ideas. There is nothing quite so degrading as being
At the same time good leaders don't devalue the contributions of others. Synergy is built by the exchange of ideas. There is nothing quite so degrading as being
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
poken down to. Leaders do not have all the answers and it is imperative that they become good listeners. Think of a person you admire and there is a strong likelihood that he or she is the type of person who will listen to your concerns. Strong companies a
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
re built one person at a time.
The old militaristic style of leadership just doesn't cut it any more and hasn't for quite some time. In my experience, when economic downturns or restructuring take place, there is a knee-jerk reaction to revert back to the
The old militaristic style of leadership just doesn't cut it any more and hasn't for quite some time. In my experience, when economic downturns or restructuring take place, there is a knee-jerk reaction to revert back to the
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
old autocratic style of management. In today's environment, this can be a dangerous move. What was once acceptable behavior is now being routinely challenged.
"Take away my people, but leave my factories, and soon grass will grow on the factory floors
"Take away my people, but leave my factories, and soon grass will grow on the factory floors
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
. But if you take away my factories but leave my people, soon we will have a new and better factory." Andrew Carnegie
We each express our leadership strengths in our own way and in our own place of choice. It may be in the corporate boardroom, on the
We each express our leadership strengths in our own way and in our own place of choice. It may be in the corporate boardroom, on the
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
shop floor, or within our family. The most important thing we will ever ask ourselves is: "What kind of legacy do we wish to leave?" How will our children describe us to their friends? What does our staff say about us to others? Will our peers miss our inp
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ut and insight?
We are all required to move beyond manipulative behavior--the behavior we exhibit when we insist on being right! Our job is to mine the gold that is within each individual. The world needs more people who will encourage one another. We can
We are all required to move beyond manipulative behavior--the behavior we exhibit when we insist on being right! Our job is to mine the gold that is within each individual. The world needs more people who will encourage one another. We can
.
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
create an environment that respects the person, improves communications, harnesses the power of the individual and the teams, acknowledges achievement and creates enthusiasm. I'm biased, but I believe that women have a significant role to play in the new c
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
orporate environment. This crisis has happened for a reason. The inappropriate use of power has created an opportunity. It is time to create a broader vision of what good leaders can contribute to the corporate world and then let's set out to accomplish it
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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