Main Subject - Business

Many businesses fail to realise the amount of time it takes to get a new employee fully trained. It can take anywhere between 1 and 6 months to train a new member of st

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

aff. It can also take the same amount of time to find out if they are suitable for the job in the first place!

Businesses also have a high turnover of staff due to not

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

Examples of combination products may in

having proper policies in place to encourage the best staff to stay on in the business.

Some of the best ways to increase staff retention are also the simplest to impl

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

ment. A great idea is to increase their holiday entitlements and other benefits over time served. Just a simple thing like giving an extra day off (to a maximum of 5) f

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

r each year in service can make a great difference. Giving employees greater flexibility and more control over the hour they choose to work, based on their length of se

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

Combination pro

vice is also beneficial.

Making annual bonuses routine and incorporating them in the wage structure also helps to stop staff leaving half way through the year.

Traini

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

ng all your best staff so that they can take on more responsible work and improve their people management skills so that they understand how to treat and motivate the s

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

aff below them is essential.

Training is so imperative especially with technology changing at breakneck speeds. This is a win win situation. You end up getting more pr

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

ductivity and your employees feel appreciated.

Talking to your staff maybe quarterly (or every 6 months) and discussing their job will quickly identify what is troubli

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

g them. The biggest problem I had in my previous business was that staff did not get on with each other! By just moving them around either in a different office or chan

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

ing their roll I was able to retain my most valuable members.

Any time you have to critisise the action of an employee, use the kiss, kick kiss formula. Start of by pr

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

Following aspects would a

aising what you do like of them followed by the criticism (and how they could change for the better) and end with praise again.

Another common gripe in the work is bei

dd to the challenges in developing combination products:

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

g forced to work with outdated equipment, machinery and computers that keep breaking down or are far too slow. Your employee probably costs you a small fortune and yet

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

ome employers are not willing to spend a few hundred pounds in upgrading old technology that will actually help in achieving substantially more productivity.

What abou

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

their desks, chairs, filing cabinets, staplers and other small pieces of equipment that cost pennies to keep maintained and yet are routinely in poor working order. Ro

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

tine maintenance of all the equipment is essential.

If your staffs do perform well in any task be sure to let them know. It amazes me how bosses will leap at the first

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

Professional from academic institutions, pharmaceutical industries, health care indust

chance to critisise but will not utilise the opportunity to praise. Praise them verbally and in writing, and remember to give out rewards now and again.

What do you d

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

if 1 of your best member of staff leaves? There is a huge likelihood that they might not enjoy their new job. Make sure that they know that not only did you value them

.

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

whilst they were working for you but also that the door is still open for them if they decide to come back and remember to keep in touch. Former employees, having found

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

Companies that provide selfless information through particip

out that the grass is not greener on the other side are likely to be the most valuable members second time around and are much easier to integrate back in the workplace

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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Browsing through the internet I noticed all the pretty girls sporting items like facial cream, nice cars, clothing and even sitting atop bull dozers. With their silky thighs exposed and their beautiful hair glistening in the sun I learned that sells. It not only sells but it also catches our attention and motivates us to pull out our wallets.

Here's why you should never be stingy with your thank-you notes following a job interview.

The growth of your business is not a race, instead it's a marathon. Learn what you need to prepare for your own business growth marathon.

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