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Main Subject - A New Hire and An Aquarium
What does an aquarium have to do with a new hire? More than you think. Read on and see how an experience in ignoring the rules of good aquarium management resulted in a lesson that has much broader application. At 12 years old, I w 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 as a partner in an aquarium. Four of us owned it and the fish and plants that inhabited it. We got the money to buy new fish by scavenging 5 cent deposit beverage bottles. We'd gather the bottles, cash them in and go to the aquarium de ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in aler and buy fish.
We had developed a pretty good collection of Gouramis, Angelfish. Mollys and Neon Tetras, along with the necessary catfish and plants to make our freshwater aquarium look good, provide cover, and yet remain uncrowded lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. . The one thing we had done was always buy two fish of the same kind. But one Saturday we went looking for bottles pickings were scarce and we only found enough to get money for one fish. We really wanted to add a zebra fish to our co here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe lection, so we bought just one fish - even though the dealer advised against it - and brought it home. We introduced our new fish with little fanfare - we simply dropped it into the tank. All the other pairs had been put into the aquari d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro um in their plastic bags for a few hours in order to let the community get to know them. We were tired from scavenging bottles, it was getting late, and we were in a hurry to see how our zebra fish looked in the aquarium. Our zebra fis ucts have become life saving products for the pharmaceutical companies who doesnt have many innovative molecules in their product pipeline and have been inc h darted around and showed a lot of energy just what we wanted to liven up the aquarium. We noticed that all the other fish seemed to get a little tense with this new fish buzzing around the aquarium, but none attacked him and we felt 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 that everything would settle down overnight. We put the cover on the aquarium, and went to bed. The next day we checked on our aquarium, and the zebra fish was gone! The cover was still on, and it was heavy glass that could not be moved nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically by a fish. We had no other pets at the time, and the house was free of rats and rodents. What we did notice was that the other fish in the aquarium had returned to their pre-zebra demeanor - everything was calm and collected in this litt 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 le community - no tension, and all the pairs were in their places. We came to the conclusion that our hard earned zebra fish - all alone because we lacked the patience to wait until we had the money for a pair, and introduced with litt ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi le preparation because we had neither the time nor the patience to introduce him properly, had been eaten by the other fish in the aquarium. That was the only possible explanation for his disappearance. See any similarities to what so o ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a ften happens in business situations? We spend all our time and energy on the acquisition of a person, we want them to shake things up, we're eager to have that happen, so we just drop them in the tank! And they get eaten figuratively - dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod by the status quo. The purpose of this story is to suggest you spend at least as much time and effort in the assimilation of people as you do in the acquisition of people. Spend time with the new person, and with the people who will be cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin part of the environment that the new person will have to live, survive and succeed in. Build the bridges of understanding and expectations that will allow the workgroup to be successful in accepting the newcomer. If you just parachute th tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen em in sink or swim you do so at your own peril. There is no bigger opportunity for improvement in both the acquisition and development of talent than in the process of assimilating new talent into your organization. Take the time an 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 d energy to review how you bring people into your organization, talk to new hires, listen to suggestions on ways to help them be successful, then implement their suggestions. Make sure the success of people that are hired is a goal of th ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust hiring manager, and make sure he or she understands their own performance will be measured on the basis of how well their hires succeed. Create a structure for followup that ensures the new person has regular contact with their manager y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products - a structure that communicates expectations to the hiring manager for how they are to develop the new person. If you accept the attitude that every new selection, be it a hire, promotion or transfer represents an opportunity to impro . 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 ve your organization, and you follow that attitude, you will see a much higher proportion of successful hires from both a retention and contribution standpoint. I wish we'd used that with our zebra fish as it turned out our aquarium n elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip ever did get another fish our little aquarium community liked things just the way they were and we didn't want to mess with the status quo plus we'd run out of deposit bottle sources. And that's when our aquarium started to decline 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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