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Just Other Articles - And the Greatest of These is Love
“We love our customers.” “We love our employees.” “We love the boss.” “We love your problems.” It seems that American business l 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 oves everyone and everything. Perhaps it is the fact that most of today’s business leaders were born or grew up in the 1960’s and 1 ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in 70’s, the decade of love. But more likely it is a semantic error, or a marketer’s ploy. The problem comes from the fact that in En lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. glish we have only one word for many meanings “love.” In ancient Greece there were five words to describe the various forms of love here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe that we attempt to communicate in business today. Each of these types of “love” have their correlation in English and in American bu d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro siness. But why is this distinction important? Love is one of those wellsprings of emotional resilience. If a business truly “lov 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 s” its employees those employees can draw strength both from the relationship (relationship resilience) as well as the sense of bein 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 g “loved” (emotional resilience). Providing this type of workplace support not only enables employees to work longer and stronger i nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically the face of business adversity, but it helps make those employees happier about helping a company that faces adversity. The proble 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 m is that we often use the word “love” when we mean “like”. Love is a choice. Like is a feeling. We have all experienced the situ ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi tion where we have met somebody that we truly like. They have some quality about them that engages us, connects with us and spurs u ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a to seek their company and their friendship. Similarly we have met individuals who explicably we just do not like. We do not make dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod the active decision to not like them. They simply “turn us off.” These are emotional responses, however in the confusing language cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin hat is English we often utilize love as the word to describe that unplanned and controlled response, we even have a phrase “fall in tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen love”. Love is actually an act of choice. We frequently state that we love somebody “because” of a particular action or personalit 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 trait or other attribute. There are even times that we hear a husband or wife state, “I do not like him/her, but I love him/her.” ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust In this circumstance the description is quite correct. The immediate and uncontrolled response that is to say the emotional respon y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products e is dislike. However for some reason known only to that individual, they choose to love despite the fact that they do not like the . 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 ir partner. When we say that we love our customers or love our employees it is therefore an active choice. We reach out to them in elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip a way that the Greeks would call philos brotherly love and by so doing make ourselves and our businesses stronger and more resilient 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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