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E-Articles - Why You Should Have a Business Vision
Remember when you first started your new business?
You were excited and raring to go! You printed business
cards, you created a business name and decided how
much money
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
you wanted to make.
Then there was the honeymoon period. You were excited to get out of bed in the morning,get to your computer, make those appointments and follow u
Then there was the honeymoon period. You were excited to get out of bed in the morning,get to your computer, make those appointments and follow u
; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug.
Examples of combination products may in
Examples of combination products may in
p with new clients.
Then you found yourself tired, cranky and discouraged with the way things were going:fewer and fewer appointments, less energy and even less enjoyme
Then you found yourself tired, cranky and discouraged with the way things were going:fewer and fewer appointments, less energy and even less enjoyme
lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together.
nt with
what your business is.
What happened?
What happened is that you did not have a vision for your business. What is a business vision and why do you need one, you
What happened?
What happened is that you did not have a vision for your business. What is a business vision and why do you need one, you
here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe
ask? A business vision is how your business not
only impacts you, but also the world. With a business vision
everything you do each and every day supports you to go
for
d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations.
Combination pro
Combination pro
ward, achieve what you want, yet still benefit others.
Simple visions are the best. The easier they are to communicate to someone, the more essential they become to yo
Simple visions are the best. The easier they are to communicate to someone, the more essential they become to yo
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
u and your business. You need a vision
to be more effective, more desirable and more attractive
to your clients or customers. Clarity is the key in a simple vision. Yet,
to be more effective, more desirable and more attractive
to your clients or customers. Clarity is the key in a simple vision. Yet,
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
a simple vision can be very profound.
Remember Mother Teresa? She just wanted to help the poor, and she ultimately became a saint in the Roman Catholic Church. It all
Remember Mother Teresa? She just wanted to help the poor, and she ultimately became a saint in the Roman Catholic Church. It all
nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically
tarted with a simple vision:
easy to communicate to others and her willingness
to do whatever it took to get her vision seen and
heard by others.
So will you. You too
So will you. You too
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
will get your vision heard and seen
by others.
Joanne’s Vision Gem
"With a true business vision, all your decisions are easily made, because all your decisions are in
Joanne’s Vision Gem
"With a true business vision, all your decisions are easily made, because all your decisions are in
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi
alignment
with your vision."
"What Am You Going to Do Today?"
When you wake up and get out of bed and ask yourself, "What am I going to do today?" the existence of a
"What Am You Going to Do Today?"
When you wake up and get out of bed and ask yourself, "What am I going to do today?" the existence of a
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it.
Following aspects would a
Following aspects would a
business vision reduces this ever-present stressful
question.
Everything you do, the people you talk to, the clients you attract are all a result of your vision. Why? Yo
Everything you do, the people you talk to, the clients you attract are all a result of your vision. Why? Yo
dd to the challenges in developing combination products:
Which markets to tap where the combination products can do fairly well?
Which combination prod
Which markets to tap where the combination products can do fairly well?
Which combination prod
have
strategies to support your vision.
The more powerful and vivid the Vision, the more opportunities occur to create the strategies to build your business success.
The more powerful and vivid the Vision, the more opportunities occur to create the strategies to build your business success.
cts are meaningful and rational?
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Which therapeutic categories to select?
Which Combinations can address unmet needs of the patients?
Do combin
Real Vision is about the Dream: it is what you truly want your business to be. Vision with a Capital V™ is about the impact your business will have on your community, th
tions increase the patient compliance?
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
What would be the developing cost?
How to tackle the risks encountered during combination product developmen
e world and your life.
It is about the relationship with yourself, of how you see yourself.
It is how you want your business to be seen by others.
The value of having a
It is about the relationship with yourself, of how you see yourself.
It is how you want your business to be seen by others.
The value of having a
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
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
vision is to know what difference
you can make in peoples’ lives.
Stop thinking small and start thinking big. Why?
Joanne’s Vision Gem:
"You will never have the profes
Stop thinking small and start thinking big. Why?
Joanne’s Vision Gem:
"You will never have the profes
ping new procedures for reviewing their safety, efficacy and quality.
Professional from academic institutions, pharmaceutical industries, health care indust
Professional from academic institutions, pharmaceutical industries, health care indust
ional and personal
success you desire unless you have a far-reaching vision
for your business and your life."
Remember, to keep your life and business a success, a visio
success you desire unless you have a far-reaching vision
for your business and your life."
Remember, to keep your life and business a success, a visio
y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products
n is vital. A clearly defined business vision will
consistently support you to get out of bed each and every
day with a purpose in mind. Create your business vision,
a
.
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
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
Vision With a Capital V, and see your life expand.
~~~~~
Publishing Guidelines: Thank you for publishing this article in its entirety including the resource box. Wh
~~~~~
Publishing Guidelines: Thank you for publishing this article in its entirety including the resource box. Wh
elopment. They need to be wiser in analyzing the market trends and the regulatory requirements.
Companies that provide selfless information through particip
Companies that provide selfless information through particip
en
possible, please notify me of publication by sending either
a website link or a copy of your ezine upon publication to:
mailto:joanne@joannevictoria.com.
~~~~~~
~~~~~~
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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