Just Other Articles

This article, Job Security in Today's Workplace, is part of AlphaMeasure's compilation, Tales from the Corporate Frontlines. It tells the story of a manag

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

er who decides to look for ways to bolster the morale in his company when it crashes after an extensive layoff.

Anonymous Submission

I've worked

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

Examples of combination products may in

or the same company for ten years now. At the end of last year, we reorganized, and in the process, over 10% of the workforce was terminated. In the wake

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

f the layoffs, morale hit an all time low. My colleagues in upper management were becoming especially depressed. Every meeting I attended began with a dis

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

ussion about low morale and productivity, complete with a round table of horror stories to illustrate the nightmare.

Our company couldn't afford to see t

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

Combination pro

is happen---we'd just restructured out of financial necessity.

Sick of hearing the horror stories and dire predictions for the company's future, I decide

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

to do a little research; I was sure that I could find at least one solution to the declining morale problem. At the next staff meeting, I'd pass what I l

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

arned along to my colleagues. The big question was: What could the company do to heal the hard feelings created by the layoffs and restore a sense of sec

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

rity? Here are some of the answers I found by reading through magazine articles, newspapers, websites, etc.:

* First of all---be honest with our employee

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

. They are smart enough to know that NO employer is going to issue a written guarantee of job security for any length of time. Employers that address the

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

uture dishonestly only fuel more feelings of mistrust and insecurity.

* Encourage employees to take advantage of available company sponsored training. A

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

Following aspects would a

broad based skills set makes them more adaptable to changing conditions and more valuable to the company.

* Empower employees by encouraging individual r

dd to the challenges in developing combination products:

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

sponsibility. When they feel that they are making a real contribution, employees are more confident and worry less about job security.

* Encourage networ

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

ing. If by chance the worst does come to pass, employees can build a safety net by keeping in touch with business associates, sales reps, suppliers---all

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

rofessionals in their field who may become valuable contacts later on.

* Provide a means of record keeping. People rarely update their resumes unless th

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

y are forced to use them. Find a way to help employees keep record of new skills mastered, courses, seminars and workshops completed, so that this informa

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

Professional from academic institutions, pharmaceutical industries, health care indust

ion is accurate and close at hand if needed.

My colleagues were happy to finally have some answers, and agreed to work with their people to bolster the m

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

rale in their departments. Although some of the recommendations seemed harsh, we all saw the reality of the situation--- it's a different kind of workplac

.

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

----and helping our employees to deal with that reality is the best way we can provide the job security they need.

© 2005 AlphaMeasure, Inc. - All

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

Companies that provide selfless information through particip

Rights Reserved

This article may be reprinted, provided it is published in its entirety, includes the author bio information, and all links remain active

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/24064/justotherarticles-Tales-From-The-Corporate-Frontlines-Job-Security-in-Todays-Workplace.html">Tales From The Corporate Frontlines: Job Security in Today's Workplace</a>

BB link (for phorums):
[url=http://www.justotherarticles.org.ua/article/24064/justotherarticles-Tales-From-The-Corporate-Frontlines-Job-Security-in-Todays-Workplace.html]Tales From The Corporate Frontlines: Job Security in Today's Workplace[/url]

As the holiday season approaches, do you have a plan to recognize all those individuals who contribute to the success of your business? Read on for somes DOs and DON'Ts around holiday gift giving in the business sector.

Summer jobs for teenagers do not have to be restricted to working at a retail outlet or at a fast food restaurant. With a little imagination and persistence, you can easily find a number of fun and profitable ways to keep yourself busy over the summer. Read on to learn more.

Business runs at a fast pace. You need to consider ways in which you can comfortably slow down and de-stress. Because slowing down is good for you and ultimately your business performance too...

Tags

Links

Just Other Articles - Tales From The Corporate Frontlines: Job Security in Today's Workplace

Related Articles: