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Just Other Articles - Leaders & Team Development: 15 Ways You Can Create Loyalty & A Desire To Follow You
Recently, a senior executive asked me how a leader can build loyalty and a desire to follow him in his teams. I thought that was a great question. This was what we discussed: People n 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 eed to:
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in ves”.
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. e operating at their best.
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ort; their great ideas, their honest feedback; and their hard work. These same principles work for both team leaders and team members to build loyalty to one another; and to have t d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro eir boss be loyal to them! The 15 Ways You Can Create Loyalty & A Desire To Follow You are:
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 m. 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 hemselves. This helps then to realize their own potential greatness nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically articulate the values and behaviors that they and you will use when implementing the mission. 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 do have to demonstrate commitment and determination to the values, mission, and vision. ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi are responsive to feedback; acknowledges your mistake; and do "course corrections" when you are off track or conditions change. ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a onstrate credibility and character. Skills and Expertise Drive and Commitment Intelligenc dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod e Courage cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin believe your people. You are proud of them; even before they have earned it. tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen important to achieving success. 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 who they are. ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust rue of you, they will offer their own loyalty in return.
The best executive is the one who has sense enough to pick good men to do what he wants done, and self-restraint t y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products keep from meddling with them while they do it. ~Theodore Roosevelt Loyalty is an essential ingredient in being an exceptional leader and in developing other leaders and high perf . 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 orming teams. Do these 15 behaviors from integrity and you and your team will immediately see and increase in loyalty and effectiveness. © Copyright © 2004, Art Giser (415)-282- elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip 221 All rights reserved. Feel free to copy it, and forward it on to others, as long as you include this copyright and include a link to http://agdevelopmentgroup.co 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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