| Main Subject |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Management > Why You Should Never Hire Your Best Friend |
|
Main Subject - Why You Should Never Hire Your Best Friend
Supervising close friends rarely works because the dynamics of the t 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 wo relationships contradict one another. Friendships are based on mu ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in tuality. Friends reveal intimate secrets to each other and make them lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. selves vulnerable. This completely contradicts the relationship of a here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe manager and employee. Managers are in a superior-subordinate relat d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ionship with employees. It is not possible to simultaneously be a pe 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 rson’s superior and be his peer. Ultimately, your friendship or your 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 ability to supervise will suffer. According to the U.S. Department nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically of Labor, the average job lasts about three years. A good friend las 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 ts a lifetime. Good employees are hard to find but good life-long fr ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi ends are even harder to find, so don’t hire your friends. The situa ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a tion differs if you developed a friendship with coworkers who were p dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod reviously your peers, and you’ve recently become their supervisor. A cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin fter-hours social outings are now different. If you regularly went o tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen ut with your coworkers in the past, don’t stop altogether. This will 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 be too abrupt and they’ll think becoming a manager has gone to your ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust head. Start pulling back slowly by periodically finding an excuse t y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products o decline invitations. On the nights you do go, leave early so they . 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 can have fun without the boss. Once you become a manager, you’re not elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip one of them any more. Don’t fool yourself into thinking differently tion in industry events and feedback to regulatory authorities would be able to face the challenges and will be successful in developing combination products
HTTP = HTML link (for blogs, profiles,phorums):
Related Articles:Search for the Best Agriculture Jobs Online Charity Campaigns - Overcoming Awareness Apathy
|