Just Other Articles

Some of the most common worries about setting targets for performance measures are:

* challenge 1: Striking that sensiti

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

ve balance between making the target achievable but also a stretch.

* challenge 2: Creating that sense of urgency that w

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

Examples of combination products may in

ill motivate people to hunger after the target.

* challenge 3: Having a measure or means of monitoring progress as the t

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

arget timeframe approaches.

I'd like to share some ideas with you, about how to lessen the burden when you come face to

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

ace with worries like these.

idea #1: don't strike a balance between achievable and stretch - do both

What I've learned

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

Combination pro

is that it takes practice and confidence-building to achieve a target or goal. Why not set at least two or three targets

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

for any single performance improvement? The first one is shorter term and not very challenging, for the purpose of build

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

ing target-accomplishing momentum. The interim target is an opportunity to build more capability and confidence to stretc

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

. The last one is the stretchy target, which you might have no idea of how to reach at this point in time, but be in a be

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

tter position to know after you've achieved the interim target.

idea #2: use vivid and specific language to describe the

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

world after the target is accomplished

Numbers alone are hardly enough to motivate anyone. So handing a team a performa

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

Following aspects would a

nce measure + target value + timeframe won't likely be enough motivation. Have you ever tried telling the story about wha

dd to the challenges in developing combination products:

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

the world (or at least your part of it) is like after the target is met? Colour, sound, movement, emotion, expression, b

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

ehaviour, shape, rhythm and all those other sensory experiences emblazon the meaning of the target into the minds and hea

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

rts of those setting out to achieve it. Motivation from within is the best kind.

idea #3: make sure your measure can be

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

monitored at least 6 times within the target timeframe

Design your measure so you can calculate it as regularly as is fe

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

Professional from academic institutions, pharmaceutical industries, health care indust

sible, and then set a target timeframe that accommodates frequent enough feedback to increase your chances of staying on

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

track. For example, monitor your measure weekly or monthly for a 1 to 2 year target timeframe. Yes, sometimes you just ca

.

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

n't get data this frequently, but that doesn't change the fact that a single point of data says nothing. Is it worth sett

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

Companies that provide selfless information through particip

ing a target that you cannot honestly know is achieved?

Look out for part 2, for the next 3 challenges of target setting

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):
<a href="http://www.justotherarticles.org.ua/article/20849/justotherarticles-Realistic-Target-Setting--Part-1.html">Realistic Target Setting - Part 1</a>

BB link (for phorums):
[url=http://www.justotherarticles.org.ua/article/20849/justotherarticles-Realistic-Target-Setting--Part-1.html]Realistic Target Setting - Part 1[/url]

Branding online or off is probably the most powerful form of marketing. Learn a few tips on launching an effective branding campaign while stretching your dollar.

If you are an illegal alien then and you have illegally immigrated to the United States then chances are that public perception is indeed making it more tough on you to hold a job in America. So what can you do now that you are here in the United States after illegally smuggling yourself into our country simply to find a better life.

One of the challenges for many who open a dollar store is effectively managing the personnel. For some this is their first supervisory experience, and they are not prepared to handle the challenges associated with the role. Yet effective management and supervision is one of the keys to retaining employees, getting the most from each employee, and even not facing legal issues associated with employment practices.

Tags

Links

Just Other Articles - Realistic Target Setting - Part 1

Related Articles: