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Useful Advices - 10 Tips to Create an Effective Management Team
A team culture is necessary for success. Working together effectively is not automatic. It takes a specific effort and the developmen
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
t of a culture that is supported by executive management. Shared experiences create unity and value. Knowledge transfer is essential
; 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
or an organization to grow. Without knowledge transfer and the sharing of success it is difficult for the group to share any vision a
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
nd work toward common goals.
1. Create an intentional communication strategy. Your Management team must understand and support a com
1. Create an intentional communication strategy. Your Management team must understand and support a com
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
on vision. This requires clarity. Clarity begins with effective communication. Make sure communication from your Management team reac
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
hes all employees.
2. Do not set up intentional competition in the workplace. Try to insure that individual skill sets compliment on
2. Do not set up intentional competition in the workplace. Try to insure that individual skill sets compliment on
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
another rather than compete with one another. Spread the responsibility and authority around by alternating leaders for various task
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
s. Look for star potential and introduce coaching & mentoring as a skill set.
3. Create team ownership in the decision making proces
3. Create team ownership in the decision making proces
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
but it’s not management by committee. Avoid group think by making sure that individuals express opinions openly without intimidation
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
. Responsibility must be accompanied by authority and accountability.
4. Build trust and respect by giving trust and respect. Act as
4. Build trust and respect by giving trust and respect. Act as
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
a coach or mentor and not a boss.
5. Create off site team building activities quarterly. Social gatherings, athletic activities, las
5. Create off site team building activities quarterly. Social gatherings, athletic activities, las
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
er tag or other activities that build unification and trust in each other.
6. Don’t just talk about empowerment and delegation, beli
6. Don’t just talk about empowerment and delegation, beli
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
ve in it and demonstrate that belief by allowing the team members to make decisions and take independent action.
7. Take complex pla
7. Take complex pla
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
ns and strategies and assign accountability and ownership. This creates more efficiency and leverages creativity. Assign responsibili
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
y according to individual passions.
8. Brainstorming must be encouraged to release team innovation. Bouncing ideas off one another s
8. Brainstorming must be encouraged to release team innovation. Bouncing ideas off one another s
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
timulates creative thinking which leads to creative solutions. This in itself bonds individuals into a common purpose.
9. Ask for so
9. Ask for so
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
utions assigning both responsibility and empowerment. Ownership of ideas and initiatives builds commitment. Involving the team in cre
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
ating direction and solutions through empowerment generates commitment to the tasks necessary to meet objectives.
10. Challenge your
10. Challenge 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
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
management team. Reliance on team effectiveness minimizes risk by being more flexible and adaptive than relying on a single individua
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
l. No one individual alone can jeopardize success. The loss of one team member can be overcome without losing sight of the objectives
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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