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Advice Pool - Taking Responsibility for your Own Career Development - How to Make the Most of it - Part 2
In Part One we concentrated on how to build a career that meets your personal aspirations, drivers and values. In this part of the article, we'll concentrate on the other key requirement for effective career development - your o
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
rganisation's needs.
Identifying your firm's needs
It is clear that most organisations have higher expectations of performance than ever before. Standards are both more important and often less clear. At the s
Identifying your firm's needs
It is clear that most organisations have higher expectations of performance than ever before. Standards are both more important and often less clear. At the s
; 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
me time, the traditional measure of good performance - job promotion - is no longer a viable gauge.
Although professionals are expected to focus on growing within their current roles, rather than on looking for the next promoti
Although professionals are expected to focus on growing within their current roles, rather than on looking for the next promoti
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
n, most of us do not have an alternative way of discussing or conceptualising our development in terms of role growth.
One powerful model for achieving this is the Four Stages Model developed by Gene Dalton and Paul Thompson wh
One powerful model for achieving this is the Four Stages Model developed by Gene Dalton and Paul Thompson wh
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
lst professors at Harvard University. Dalton and Thompson were originally asked to investigate performance at a large electronics firm. This organisation tracked engineers' performance over time. Their data made it clear that e
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
pectations of individual performance change as people move through their careers. While some engineers continued to be rated as high performers throughout their careers, the majority received progressively lower ratings, even th
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
ugh the work they did remained the same in absolute terms. As Dalton and Thompson continued their research it became clear that the differences could be explained by four stages of development. Subsequent research with groups of
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
professionals and managers from other sectors confirmed their initial findings.
The progression identified by the two professors is independent of position on the organisation chart. It explains why two people with the same jo
The progression identified by the two professors is independent of position on the organisation chart. It explains why two people with the same jo
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
descriptions may be valued differently by their firm. However to be a high performer in the latter stages depends on mastering the early stages. Thus the Four Stages provides a powerful road-map for understanding the long-term
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
xpectations organisations have of their employees.
The Four Stages of Contribution Stage 1; Contributing Dependently or The Apprentice
Stage 2; Contributing Independently
The Four Stages of Contribution Stage 1; Contributing Dependently or The Apprentice
Stage 2; Contributing Independently
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
rong>Stage 3; Contributing through Others
Stage 4; Contributing Strategically
Stage 1 contributors accept direction, establish basic competence and learn the ropes. While people who do this early in t
Stage 4; Contributing Strategically
Stage 1 contributors accept direction, establish basic competence and learn the ropes. While people who do this early in t
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
eir careers are seen as highly effective, those who continue to depend on others for direction after several years are seen as contributing less than their peers who enter Stage 2 by becoming technical experts.
In the same mann
In the same mann
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
r, those independent experts who fail to broaden their perspectives and to develop others will in time, be perceived as less valuable, unless they are brilliant enough to contribute as much on their own as their Stage 3 colleagu
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
s do by contributing through others.
Those who are able to develop Stage 4 characteristics of having the vision and credibility to influence organisational direction are perceived as being the most valued by leaders in the orga
Those who are able to develop Stage 4 characteristics of having the vision and credibility to influence organisational direction are perceived as being the most valued by leaders in the orga
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
nisation.
One of the many interesting and useful findings from the research is that most of the people who perform Stage 3 functions are not in formal management roles; for every manager in Stage 3, there are at least three non
One of the many interesting and useful findings from the research is that most of the people who perform Stage 3 functions are not in formal management roles; for every manager in Stage 3, there are at least three non
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
managers performing similar leadership roles.
The implications for career development
The Four Stages Model describes values that have existed in companies for decades. However understanding the model has beco
The implications for career development
The Four Stages Model describes values that have existed in companies for decades. However understanding the model has beco
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
e extremely important for all those interested in appreciating how to develop their own careers.
Moving from one stage to the next increases an individual's ability to contribute, it increases their value to their employer and
Moving from one stage to the next increases an individual's ability to contribute, it increases their value to their employer and
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
eads to increased job satisfaction.
Understanding the process of making this move gives us all more control over our own development as well as a providing a roadmap for increasing our contribution and future success throughout
Understanding the process of making this move gives us all more control over our own development as well as a providing a roadmap for increasing our contribution and future success throughout
.
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
our career. This in turn increases the likelihood that valued employees will stay with their current employer, with all the attendant benefits for both parties.
Further research shows that moving from one stage to the next, esp
Further research shows that moving from one stage to the next, esp
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
cially between Stages 2 and 3 and from Stage 3 to Stage 4 is difficult for most people to achieve without the additional support, coaching and development capabilities provided by enlightened leaders and employers.
Is yours one
Is yours one
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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