Main Subject - Business

Sooner or later, most managers must face up to the task of firing someone. Here's some career advice that will help you handle this odious task when you must do it. But it is never easy.

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

Recognize, firing someone is a distasteful and painful experience for everyone concerned. People get hurt. Lives are disrupted; livelihoods are threatened. Egos are devastated. There a

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

Examples of combination products may in

e costs to employees and employer alike. Therefore, it goes without saying: firings ought to be avoided if at all possible.

A step toward this goal will be accomplished if every manager

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

will conduct regular performance appraisals with each employee he or she directly supervises. If these sessions are open and candid, the boss and the employee will be able to see probl

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

ms as they begin to emerge and correct them before real damage is done.

Both parties should sit down together. The positives should be identified and praised. Problems should be defin

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

Combination pro

d and a plan of action to correct them agreed upon. This is a fair process which clearly puts both parties on notice that things are not as they should be; they must get better; if they

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

don’t, dismissal is a definite possibility. Surprise, one of the cardinal sins of management will be avoided.

If the employee’s performance does not meet the agreed-upon goals for imp

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

ovements in critical areas, and there are no acceptable reasons for the failure, the manager has to be firm and dismiss the erring man or woman. To do otherwise is to lose credibility a

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

s a manager and do damage to the organization.

Common Sense Guidelines

Be very sensitive to timing, as I have already indicated.

Deliver the bad news in a face-to-face meeting. There

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

an be no delegation of this responsibility. It may be desirable to have one other person present, especially if the meeting might end in a heated confrontation. But no more than one ad

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

itional person should be involved in the ordeal, or else it may appear that a kangaroo court is in session.

The meeting should be conducted in a strict, arms-length business-like manner

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

Following aspects would a

. Reasons for the action should be spelled out in detail, including a review of the evaluation process. Empathy should be expressed. However, resist being overly generous in praise for t

dd to the challenges in developing combination products:

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

e employee’s contributions. Such expressions may be translated into some unfounded hope that the decision can be reversed. Also, in this litigious age, praise may be taken out of contex

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

t for legal action by a disgruntled employee.

Terms of severance – pay and benefits – should be detailed. If the circumstances allow it, an offer may be made to provide help in getting

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

another job.

Then, the employee should be given an opportunity to have his say. This can be a very tedious time. Because of the high emotions on both sides, an angry shouting match ca

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

develop. Or the employee may simply be in a state of shock. The manager should maintain his calmness, avoid arguments.

Agree on the timing and nature of announcement of the employee’s

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

Professional from academic institutions, pharmaceutical industries, health care indust

departure. It is wise to announce the termination as soon as possible because the rumor mill will be grinding within minutes. Other employees are bound to be somewhat apprehensive.

It

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

ay see heartless at the time, but it is better to have an employee leave the premises within a very short time. The clear-out-your-desk and be-gone-by-noon approach is unduly harsh. Ho

.

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

wever, no good is done for anyone if the dismissed employee stays around for any length of time. The water for all will be poisoned by gossip and recriminations.

Believe it or not, whi

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

Companies that provide selfless information through particip

e never welcomed, most firings – if they are justified by sound personnel and economic reasons – can have some positive results if both parties work at making the best of a bad situation

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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Strategy of building a successful logo for any business and Logo Design Strategy for logo designers.

Concrete steps to help employees recapture their deeply buried dreams and aspirations they had at 16, 18, 21 and make themselves more valuable to their employers and to themselves.

In the United States, insurance plays an important role in people's lives since people use it to pay for medical bills, protect their property and to pay for unexpected expenses. This means that there is a big market that insurance companies can fill, using the help of insurance agents. These agents are the frontline personnel who sell the company?s insurance policies. The career prospects for insurance agents can be considered to be bright, which means that people who wish to become agents can look forward to a fairly lucrative career. However, before taking the plunge, people still need to be aware of what to expect when they become insurance agents.

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