Advice Pool - Business

Why are people changing jobs so quickly these days?

Here are a few reasons why:

They have a boring job therefore they feel they are not achieving anything.
They have no leader to follow.
They feel unappreciated.
They

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

work long hours and want a life.

They are not paid what they are worth.

The above reasons are not taken from any figures or facts stated in publications and general media. This is what the people themselves tell me. They are the words

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

Examples of combination products may in

from the coal face, real people…managers, personal assistants, administrative staff, sales people; regular run-of-the mill people.

It doesn't take much to retain valuable people and one of the easiest ways is to offer flexibility.

Wher

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

is the Family Friendly Workplace?

One of my clients - John - who is a manager in a large organisation - was telling me that his wife Mary, an accountant recently changed jobs, from working part-time in a suburban practice to full-time in the

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

ity. She did this as a career move as she couldn't find stimulating work part-time in suburbia. (I'm sure many women can relate to that).

Having two children - 7 and 4, she leaves for work when they're still asleep in the morning and arrives h

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

Combination pro

me around 6.30 p.m. at night.

Luckily her husband works locally and can handle the morning care and has his in-laws do the afternoon care. His wife is already feeling stressed, tired and guilty because she cannot be around for her kids.

How e

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

sy would it be for an employer to offer more flexibility say 3 days a week start at 10.00 a.m., 3 afternoons finish at 4.00 p.m. Mary wouldn't mind a cut in her pay packet - she just wants to balance her life.

At this rate, Mary will not remai

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

n too long with her current employer as she will find the long hours will take their toll. It's even harder for the single parents. Not to mention the long-term effect it has on the person and their kids. A grumpy, tired and stressed person doe

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

n't make for a good productive employee or parent.

Think Laterally

Why isn't there more flexibility in the workplace? Just because people 'start' at 9.00 a.m. and 'finish' at 5.00 p.m. (I know some of you work longer hours), doesn't mean peop

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

e actually 'work'.

In fact 80% of the day is generally non-productive. To find out exactly where your time goes, fill in a timesheet for one week (email us and we'll send you one of ours). Record what you have done for a full working week and

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

ou will be amazed where you spend your time. In most instances you will find your time is taken up by various interruptions, many of which can be avoided,non-productive meetings, and activities which generally are a waste of time.

If you're on

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

Following aspects would a

of those people who have difficulty saying 'no' to people you will definitely have major issues managing your workload.

Working in a noisy open plan office will also decrease your productivity.

My Former Life

Many years ago I had a stint wo

dd to the challenges in developing combination products:

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

king as a postie, starting work at 6.00 a.m. each day. It was a great job. In fact it was the longest 'job' I had held - 3 years. I left when I was 6 months pregnant with my first child.

As a postie, the quicker you worked, the sooner you went

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

home. As soon as the mail was sorted you would go out on your round, do the deliveries come back and go home. Now that was an incentive to work as quickly as possible.

In the '9 - 5' workplace you have to be present and yet there's no incentiv

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

e to actually work as quickly or productively as you can.

Solutions For The Employee

If work is getting too much for you to handle and the hours are getting you down, speak to someone who'll listen, offer some realistic solutions. Do you need

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

to learn how to get organised? Do you require assistance with the workload? Do you need to learn different skills for your role? There's no harm in asking. If they won't listen it's up to you to choose what action you will take… whether to stay

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

Professional from academic institutions, pharmaceutical industries, health care indust

or go.

Solutions For The Employer

Ask your people how they really feel and work out a solution. Just because they haven't told you about their concerns doesn't mean that everything's fine. If you have people who consistently work long hours t

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

en you will definitely have a major problem.

You want your people to be 'on the ball', alive and energised so they are valuable to your organisation. If they do not achieve a reasonable balance between their work and home life then at some sta

.

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

e they will break down. They may take extra time off work due to the pressures they are constantly under or eventually leave.

The Final Word

Don't turn a blind eye. Get proactive with your people. Communicate regularly with them, find out how

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

Companies that provide selfless information through particip

they are managing, listen to what they have to say and where required take action.

To retain your valuable employees you have to work at it, otherwise you run the risk of not only losing them but all that time and money you've invested in them

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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There are more books about succeeding in business then curse words on MTV. It is not easy to define what makes a business succeed, but it is easy to describe what makes a business fail. If you are starting your business or currently being miserably unsuccessful, you might want to read on.

The other day I was giving a speech to a group of Business Students at a local High School, it seems that the local Future Business Leaders of America has heard I was in town giving a speech to a nearby college. Sure enough it is a somewhat small town and the asked if I would speak. How could I say no?

You wouldn't expect a funeral director to do stand-up comedy as he's showing you his line of coffins, would you? And you wouldn't want your surfing instructor to be unduly somber as he towed you into shark infested waves, would you? Of course, not! We want people to act APPROPRIATELY, given our expectations and circumstances. This is the key standard to which all of us should aspire if we're selling or servicing customers, says Dr. Gary S. Goodman, best-selling author, top keynote speaker and seminar producer, and consultant to the Fortune 1000.

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Advice Pool - Proven Secrets to Keeping Your People and Increasing Your Profits

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