Useful Advices - Business

It is a common argument that ‘a fit worker is productive worker’. It is becoming a universal realization that demands modern organizational practice has increased chances of stress breakt

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

hrough among employees and it’s becoming crucial for managers to identify sources and formulate strategies to reduce it (Papers4you.com, 2006).

It is argued that stress can be good as we

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

Examples of combination products may in

ll as bad however bad stress is what causes adverse effects in employee’s productivity. Bad stress is ‘a mismatch between a person’s self-image, their attributes and talents and organizat

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

ional environment they work in’ (Nankervis et al, 2002). Moreover ‘burn out’ is taken as the extreme form of stress that is a stress syndrome characterized by emotional exhaustion, depers

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

onalization and reduced personal accomplishment (Mejia et al, 1998).

Bad stress has become such a serious aspect that in Japan, stress (karoshi) is perceived as a destructive national di

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

Combination pro

emma and issue. In order to reduce bad stress it is important to know the reasons behind it. Just imagine an example where a middle manager and publication officer working in a publicatio

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

n company. She is responsible for the regular publication of two monthly journals, research for yearly statistical reports as well management of short term contracted staff. Such huge wor

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

kload resulted in forgetfulness, irritability, lower productivity, postponed deadlines and spread of such melancholy across the organization (Nankervis et al, 2002). So sources of bad str

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

ess can be climate, change, rules, work pace management style, work group characteristics and many other reasons (Mejia et al, 1998). Similarly bad stress in workplace can be caused by lo

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

ng hours working, repetitive and distasteful tasks, isolations, job hazards, poor public image of organization, lack of job security or any conflicting demands (Nankervis et al, 2002)

So

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

keeping publication’s in view, after taking first step of realizing concept and sources of bad stress, second step for managers is to reduce it (Papers4you.com, 2006).

Mejoa (et al, 1998

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

Following aspects would a

) has given interesting 10 points guidelines for managers to follow quoting from Solomon’s ‘Manager’s Note Book’. It includes allowing employees to talk freely with each other, reduce per

dd to the challenges in developing combination products:

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

sonal conflicts in the job, giving employees enough empowerment and control over their own work process, ensuring adequate staff budgets, open communication with employees, supporting emp

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

loyees’ efforts, provision of competitive leave and vacation benefits, maintaining current benefits, reducing red-tapism and recognizing and rewarding employees for their accomplishments.

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

Similarly reducing stress should be a permanent part of policy for new employees. ROPES (Realistic Orientation Programs for New Employees’ ‘Stress’) method is best way to address orient

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

tions; stress reduction role (Dessler, 2003). It is argued that its more easy to reduce stress if new employees are being told from the orientation about the disappointments they may expe

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

Professional from academic institutions, pharmaceutical industries, health care indust

rience and the way to tackle them.

Hence, there is no second argument on the fact that bad stress can be detrimental for organizational progress and employee’s productivity that however

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

can be reduced and managed by identifying sources and effective policy making.

References

Dessler, G, (2003), ‘Human Resource Management’, New Jersey: Prentice-Hall, Inc

Mejia, L, R, G

.

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

, Balkin, D, B & Cardy, R, L, (1998), ‘Managing Human Resources’, New Jersey: Prentice-Hall, Inc

Nankervis, A. Compton, R., & Baird, M., (2002) ‘Strategic Human Resource Management’. 4th

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

Companies that provide selfless information through particip

Edition Victoria: Nelson Australia Pty Limited

Papers For You (2006) "P/HR/268. Prevention of work-place stress", Available from http://www.coursework4you.co.uk/sprthrm2.htm [19/06/2006

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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Senior management is often defined as the team of individuals at the highest level of management who have the day-to-day responsibilities of operating the organization, as well as for the development and implementation of the corporate vision and direction strategies. This article illustrates the importance of having a senior management team that has the character to abandon unsuccessful strategies, admit failure, and move on.

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Why are so many managers and trainers still teaching this garbage? I am not sure, but I can guess it is because they don’t know how to teach more effective prospecting so they want you to make up for poor prospecting skills with more calls. Now, here is a real winner for success.

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