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Your Space - How to Avoid Leadership Pitfalls - Nu Leadership Series
“Too often the great decisions are originated and given form in bodies made up wholly of men, or so completely dominated by them that whatever of special value wome 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 n have to offer is shunted aside without expression.”
Eleanor Roosevelt After dealing with crazy people in your organization, and the demands of customer ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in s, you may wonder if leadership is worth the trouble. Leader, leadership is a journey. Let’s explore one life-changing experience for me. As you may understand from my lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. columns, I am a research junkie. It fires me up! Too much information is not good, however. For example, one co-worker raved about a new research tool; however, some i here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe ndividuals were spending several hours using it. Isn’t technology wonderful? It’s an outstanding resource, but I found it unhelpful for me at this stage. I have gotte d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro n information overload during major projects. As a result of this information saturation, I then simplified my approach in conducting my research. I now use some basic 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 research tools. I’ve learned that having information isn’t enough to excel in my leadership journey. Albert Einstein once said, “Information is not knowledge.” From th 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 is experience, I learned that effective leaders are flexible. Let’s explore another life-changing experience. It’s recognizing that I don’t know—about me and my path nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically forward. Do you know your path, Leader? Going through this leadership journey has challenged my vision. What if your abilities were designed for another purpose? Are y 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 u then making the right decisions for your life? These thoughts can generate anxiety and fear because you are now facing the unknown. Like the biblical figure Moses, y ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi ou may be only sojourning in Pharaoh’s court for a short time for training; however, you won’t ever become a royal prince or princess in Pharaoh’s court. Not knowing w ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a hat I am becoming is a frustration. Are you frustrated also? Nevertheless, you must run this leadership race with confidence because this is your mission. Do you know dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod your leadership mission? I Corinthian 9:24 reads, “Do you not know that in a race all the runners run, but only one gets the prize? Run in such a way as to get the p cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin rize.” Finally, leaders should not be side-tracked with minor issues in their organizations. What is the most important reason you are leading? Do you feel you are di tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen vinely called to lead or just holding a place in your organization? Those are important questions to consider if you are going to be effective. If you are divinely cal 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 ed to serve, you will also be equipped divinely to lead. Psalm 121:1, 2 reads, “I will lift up my eyes to the hills—From whence comes my help? My help comes from the L ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust ORD, Who made heaven and earth.” With that said, let this growth process continue. In summary, run your own leadership race with confidence. Run this race to win bec y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products ause you are divinely called to lead. Are you running like a winner in front or you lagging behind? You should know this fact, Leader! Plan ahead. Prepare yourself f . 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 r life’s obstacles. Run the race with a sense of urgency and purpose. Start today! Reference: Brain Quote (2005). Received on November 15, 2005 from elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip " href="http://www.brainyquote.com/quotes/authors/a/albert_einstein.html">http://www.brainyquote.com/quotes/authors/a/albert_einstein.html © 2006 by Daryl D. Gree 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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