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  • Just Other Articles - Ten Keys to a Successful Management Retreat

    Management retreats are tremendous opportunities to review, assess, align and move your team forward. Get the most out of your next retreat through effective planning and preparation.

    These ten keys can help you
    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
    unlock the amazing power of your meeting:

    1. Select your site with care.

    Your management retreat can be held on-site (at your place of work), or off-site (at a home, hotel or conference venue). Each has its ad
    ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.

    Examples of combination products may in
    antages:

    On-site events keep costs low and familiar business facilities close at hand.

    Off-site events reduce distraction and can promote a ‘big picture’ perspective.

    Be careful not to mismatch your event 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.

    and conference facility. If your theme is ‘nose to the grindstone’, don’t hold your retreat at Disneyland. If your theme is ‘stepping back to view the horizon’, don’t hold your retreat in a busy downtown confere
    here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
    ce center.

    2. Design your sequence with care.

    The timing of your entire agenda is key to your success. Decide early whether you want a high-intensity working event, a laid-back and relaxing retreat or a balance
    d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.

    Combination pro
    program combining both styles.

    If you intend to combine work and play, carefully consider which should be first.

    ‘Work first, play later’ gives participants something to look forward to, and a reason to get th
    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
    ough business issues quickly.

    ‘Play first, work later’ sets a tone of enjoyment for the program and puts work issues closer to your return to the office.

    ‘Work, play, work’ lets you get started on business issu
    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
    es, take a break and then come back to complete your work after gaining some recreational perspective.

    3. Circulate a pre-retreat agenda.

    Let people know what your objectives are for the retreat and the sequenc
    nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
    of the program they will attend.

    Give everyone an opportunity to prepare for full and constructive participation. If they need to bring information, give a presentation, participate in a panel or work on a team
    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
    let them know well in advance.

    4. Use breaks to your advantage.

    Use meals and coffee-breaks to make progress in your program. Arrange seating at meals to foster communication. Turn some coffee breaks into ‘wor
    ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
    ing breaks’ with refreshments inside the conference room.

    Select food very carefully. Avoid fried foods and heavy gravies – both put participants to sleep!

    Start lunches with salad, not soup. Salad can be serve
    ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.

    Following aspects would a
    in an instant or be on the table when your participants arrive. Soup takes time to come hot from the kitchen, gets cold quickly and can set your entire agenda back by 10–20 minutes if it is not ready on time.

    I
    dd to the challenges in developing combination products:

    Which markets to tap where the combination products can do fairly well?
    Which combination prod
    you plan to serve alcohol during dinner, let the evening events be pure fun. Alcohol and focused attention don’t mix well together.

    5. Present new perspectives.

    Create a perspective not usually seen at the off
    cts are meaningful and rational?
    Which therapeutic categories to select?
    Which Combinations can address unmet needs of the patients?
    Do combin
    ce. Bring in examples from outside your industry to highlight key points. Engage external speakers to share cross-industry knowledge and unique expertise.

    6. Involve customers as your guests.

    Bring in customers
    tions increase the patient compliance?
    What would be the developing cost?
    How to tackle the risks encountered during combination product developmen
    for specific portions of your retreat. Golf games are traditional, but customer panels and discussion groups can also yield valuable results.

    7. Involve suppliers as your guests.

    Strengthening your partnership
    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
    with suppliers makes good business sense. Suppliers can add unique value to your management retreat by sharing their perspective and competitive industry awareness.

    8. Circulate post-retreat actions and agreemen
    ping new procedures for reviewing their safety, efficacy and quality.

    Professional from academic institutions, pharmaceutical industries, health care indust
    s.

    Put decisions and new action plans in writing. Send copies to retreat participants with an encouraging or congratulatory note from the top.

    9. Gather input and recommendations.

    After the event, or before ev
    y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
    ryone departs, gather their ideas for further improvement. Ask what participants want more of, and less of, at your next retreat.

    10. Use an outside process facilitator.

    It can be useful to engage a professiona
    .

    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
    facilitator to help with your retreat. Outside talent can bring years of experience to help design your event. A competent external facilitator can also serve as a ‘neutral party’, making sure that everyone spea
    elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.

    Companies that provide selfless information through particip
    s and is heard.

    If you do engage an outside facilitator, don’t let him or her get caught uninformed! Be sure to provide detailed information about your business – and about the personalities attending your event


    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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