Subjects - Business

In today's competitive environment, companies realize that a good boss is one who can identify

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

and build on the talents of the staff and knows how to retain top performing employees. Take

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

Examples of combination products may in

his quiz and see if you are a good boss.

Use the following scale to respond to the questions:

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

Strongly disagree--1; disagree--2; uncertain--3; agree--4; strongly agree--5.

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

My employees understand the connection between their team or department's actions and the succ

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

Combination pro

ess of the company.

Each employee had clearly-defined work goals and the resources n

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

cessary to achieve them.

I usually assign the right tasks and amount of work to othe

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

rs.

People tell me that I am a good listener.

I have created an environmen

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

where people get along and work is fun.

I know my employees' career goals.

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

i>I regularly coach my employees in developing their skills.

Scoring:

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

26-35: You know your employees' needs and strengths and use this knowledge to get the results

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

Following aspects would a

ou want.
11-25: Invest some more time in defining your goals and in getting to know your

dd to the challenges in developing combination products:

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

employees, and achieving results will get much easier.
0-11: Are your employees "results

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

hallenged?" Get your act together.

Interpreting the results:

The first thre

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

e questions assess the ability to make a connection between organizational objectives and an i

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

dividual employees contribution.

The rest of the quiz assesses people skills the abi

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

Professional from academic institutions, pharmaceutical industries, health care indust

lity to get employees to care about the company's goals by giving them room to grow and making

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

the work environment a people-friendly place.

Pay careful attention to any item with

.

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

a rating of three or less. Are you too focused on results to take time to build relationships

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

Companies that provide selfless information through particip

or are you spending too much time building rapport and net getting anything done?

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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Career Development - 4 Steps to Get Where You Want to Go. All of us have worked with people we think have no business being in positions of leadership but it is a waste of out talent and energy to worry about them. If you see something you don't like...

Franchising is a good industry to work in within Corporate America and these companies always need really great and professional people to help them. A career in franchising can be extremely rewarding indeed and there will never be a time when folks are not needed in that industry.

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Subjects - Leadership Style: What Makes A Good Boss?

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