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You are here: Home > Internet and Businesses Online > Social Networking > Time to Boost Project Team Productivity? Try Sharing, the “S” in Social Networking |
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Main Subject - Time to Boost Project Team Productivity? Try Sharing, the “S” in Social Networking
Why is social networking the Next Big Thing? It’s about the sharing. In a world where email, search engines, and information-overload overwhelms our ability to organize data and focus on getting things done, we need a better way to manage our time and to-dos. Sharing is easier said than done. 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 Some people simply never learn to share. Bureaucratic corporate organizations often obstruct information sharing by design. Other times, the communication systems we rely on today get between us and our desire to get things done. Sharing among virtual teams: Do we have the tools we need? ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in b> Virtual teams are often the best way, at times the only way, to get important work done. Project managers are in high demand because we need teams that can quickly form, inform, and perform -- and then transform to tackle another task. Rarely have the virtual teams I’ve managed had much of lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. n appetite for heavyweight project management software. Instead many project teams rely on email as their main course of communications -- with a healthy dash of conference calling mixed in and a lot of Excel spreadsheets on the side. However, many of us experience the heartburn created by proj here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ect-management-by-email: long, confusing threads of emails; accidentally hitting the reply all button; wasted time in boring status meetings; and lots of phone tag to update a project's status. Most of us put up with these modern annoyances because they are the new costs of getting things done i d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro a virtual work world. But are these costs now becoming too high? Productivity hits the wall In the last year, productivity has risen by only 1.3 percent, the weakest showing in almost ten years. Labor costs are up 5.3 percent in the period, the fastest increase since 1982. As the costs 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 of labor increase at the fastest rate in almost 25 years, smart businesses need to be looking for ways to increase productivity. If the slowing economy pushes companies to lay off workers, those who keep their jobs will have fewer resources and more work to get done. It’s always smart to gut-c 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 eck government data against what’s happening down on Main Street. Although the blogosphere may not yet represent Main Street, personal productivity bloggers, Get Things Done gurus, and life hackers are all buzzing about where we’ll find the next leap in project management productivity. nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically Management doesn’t mean execution Project execution requires first gathering and processing relevant data into actionable information, and then effectively sharing information and to-dos so that the right people have the context, focus, and the know-how necessary to get things done. Are 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 we hitting the productivity wall because we’ve gotten very skilled at collecting information, but haven’t yet found smarter ways to share that information and turn it into action and results? Although we use powerful search engines to find data and email to move data around, many professio ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi nals still rely on Post-its™ stuck it to their monitors to convert to-do's into results. Social networking to the rescue? To address this collection-execution imbalance, I built a project blog for one team that I recently managed. Determined to overcome today’s communication challenges, ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a I asked my project team to rely on the blog as their primary resource for project communication and execution. The team found the blog useful. But in the end, the blog basically served as a prettier place to put our project data, and not a better way to more efficiently manage time or focus th dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod team on execution. Plus, the blog didn’t work off-line. I thought everyone would be able to get online when I needed them to be. I was wrong. Sharing an Accomplice in Time It was lesson I took with me as I recently moved on to a new project. I had met Jason Feinsmith and Uri Sarid, cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin two Silicon Valley entrepreneurs who had built a “smart virtual assistant” they called Accomplice. I took on the project in part because Accomplice offered a new information-sharing service that promised to make organizing team goals and getting to-dos done easier and more effective. By watchin tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen how different people have been using Accomplice to get things done, I have learned a lot in a short time about today’s new breed of personal information managers – and what execution-oriented professionals who want to share project information and get things done should look for in one of these 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 solutions. Here are three key take-aways I'd like to share that will help your team focus on doing what’s important, instead of what’s at the top of the inbox:
ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ions that not only help you organize scattered to-do’s and related information into step-by-step actions, but one that also allows you to communicate all changes and updates instantly with your team -- without relying solely on email or requiring any involvement from an IT team. y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products tual means mobile. If you can’t get it done when you’re offline, one day you’ll have a problem. Your project data must be available to the team whether they’re online or offline. Also make sure your data moves with you and your team’s Blackberry, Palm, or Windows Mobile. Give yourself extr . 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 credit for having U3 Smart™ flash drive mobility. elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip table using.
Social networking advances are helping today’s busy professionals understand that smarter, timelier sharing of information enhances personal and team productivity. Who knows, maybe this enhanced productivity will one day shorten the work week. Run that one by the boss 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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