Main Subject - Business

A mentoring relationship produces numerous benefits for both the mentor and prot?g?. Mentors have reported an enhanced self-esteem and a revitalized inter

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

est in work, finding it flattering that someone is seeking their advice. Prot?g?s experience an increased likelihood of success with higher performance an

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

Examples of combination products may in

d productivity ratings. Other benefits include greater career satisfaction, an expanded professional network, and an opportunity to hear of job openings b

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

fore they’ve been advertised.

Company wide Benefit

Companies are finding that establishing a mentoring program is an inexpensive way to achieve several

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

organizational goals. Typically, a senior person from another department oversees the development and progress of a junior person. Improved management and

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

Combination pro

staff relationships, reduced turnover, increased productivity, and improved recruitment efforts are just a few of the reported benefits of an internal me

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

toring program. Research indicates that the number of businesses planning the development of mentoring programs doubled between 1995 and 1996.

Internet M

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

entoring

Internet mentoring has been growing in popularity over the past few years. NursingNet, an online mentoring program, pairs experienced nurses wi

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

th students, new grads, or nurses changing specialties. Mentors and prot?g?s correspond via email, never meeting face-to-face.

Maintaining a mentoring r

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

lationship requires a commitment on behalf of the mentor and the prot?g?. As a prot?g?, your responsibility is to share goals with your mentor and to prov

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

ide updates on your progress. Be sure to respect your mentor’s time by being punctual and keeping your meetings within the scheduled time. The mentor’s re

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

Following aspects would a

sponsibility is to set clear boundaries for both parties.

Identifying Mentors

To identify potential mentors, talk to people within your immediate networ

dd to the challenges in developing combination products:

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

. Consider talking to your supervisor, human resource manager, co-workers, family, and friends. Outside of your immediate network, look at past supervisor

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

s and co-workers, parents of your children’s friends, and service providers including your doctor, dentist, lawyer, etc. Be prepared to ask questions to d

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

etermine if there is a good match. Your goal is to find an expert in your field. You want someone who is willing to help you plan your advancement strateg

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

.

Typical developmental tasks of a prot?g? include: time management, stress management, prioritizing, teamwork, and communication skills. Your mentor is

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

Professional from academic institutions, pharmaceutical industries, health care indust

someone who has been there, done that. He or she is experienced in working through some of these tasks and can help you over the hurdles.

Length of Relat

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

ionship

The length of time a mentoring relationship lasts varies from one partnership to another. Six months to one year is a good time frame, allowing e

.

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

ough time to achieve some goals. Good mentors have limited time to share with one prot?g?. After a year, they may need to move on to another partnership.

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

Companies that provide selfless information through particip

It’s also good for the prot?g? to get a new perspective from another mentor. Eventually you may want to become a mentor, sharing your skills and knowledge

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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It’s time to beat the old bad customer service drum again. I know, I’m sick of beating the drum, too, but as long as bad customer service runs rampant through so many businesses I feel it is my entrepreneurial duty to bring it to your attention. So grab a pew and prepare to listen to the sermon I’ve preached before: bad customer service is the bane of business. If the Almighty smote down every business that dispenses bad customer service the world would be a much friendlier, albeit much sparser place. Consider a world without malls and fast food joints… would it really be so bad?

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Main Subject - Mentoring: A Partnership for Success

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