| E-Folder |
Hubs | Hubbers | Topics | Request |
| #1 in Business | Subscribe Email Print |
|
You are here: Home > Business > Strategic Planning > Strategic Planning - Baldrige Assessment Case Study for Category 2 a Way to Measure TQM Success |
|
E-Folder - Strategic Planning - Baldrige Assessment Case Study for Category 2 a Way to Measure TQM Success
In my previous article entitled: Measuring TQM Success published on [June 03, 2006 08:50:17 am], I wrote about Baldrige Values and Concepts as well as the Baldrige Assessment Approach. In this issue, I 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 will provide an insight on common assessment findings in Baldrige Criteria Category 2 - Strategic Planning from several companies being assessed by a group of trained and experienced assessors. It is ; or drug, device, and biological product and fixed dose combination would include two or more combinations of drug. Examples of combination products may in rovided in the form of case studies which include Criteria summary as described in year 2001 Baldrige Criteria (source: http://www.nist.gov/quality), assessment findings in terms of Strengths and Area lude drug-coated devices, drugs packaged with delivery devices in medical kits, and drugs and devices packaged separately but intended to be used together. or Improvements. There are seven categories in the Baldrige Criteria. In this article, I will deal with the bold category listed below:- Leadership | Strategic Planning | Customer and Mar here is enormous increase in the number of combination products entering the market in the recent years. Combination products have proven advantages but fixe et Focus | Information and Analysis | Human Resource Focus | Process Management | Business Results Criteria Summary Category 2 – Strategic Planning The Strategic Planning Catego d dose combinations are still in the process of convincing regulatory authority on their advantages over the single ingredient formulations. Combination pro ry examines how your organization develops strategic objectives and action plans. Also examined are how your chosen strategic objectives and action plans are deployed and how progress is measured. 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 .1 Strategy Development Describe how your organization establishes its strategic objectives, including enhancing its competitive position and overall performance. 2.2 Strategy Deployment 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 Describe how your organization converts its strategic objectives into action plans. Summarize your organization’s action plans and related key performance measures/indicators. Project your organizatio nation products and maximize the revenues. But the companies involved in this practice are overlooking that they are burdening the patients both economically ’s future performance on these key performance measures/indicators. Common Strengths
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 several rounds of improvement based on feedback from the management teams
ts. Some of the combination products were well accepted by physicians while others suffered. Companies involved in development of combination products are fi p date is completed promptly. Data collection and analysis is systematic and quantitative
ding difficulty in defining their combination products and facing various challenges from selecting a combination to marketing it. Following aspects would a lines. Periodical reviews of these key actions are in the companies key meeting schedule
Common Area for Improvement
dd to the challenges in developing combination products: Which markets to tap where the combination products can do fairly well? Which combination prod ons, there is no recovery plan to further improve those key actions not able to meet the set target
cts are meaningful and rational? Which therapeutic categories to select? Which Combinations can address unmet needs of the patients? Do combin has direct impact to the key actions in the Strategic Plan
tions increase the patient compliance? What would be the developing cost? How to tackle the risks encountered during combination product developmen i>
In summary, the above are only sample of common assessment findings. Normally, a full assessment report is given to company being assessed. The report would include details and scoring. It i 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 a value-added feedback for senior leaders to use as an input to Strategic Planning. My next article will share assessment case study on Market and Customer Focus, Category 3. ------------------------ ping new procedures for reviewing their safety, efficacy and quality. Professional from academic institutions, pharmaceutical industries, health care indust --------------------------------------- Disclaimer: All rights reserved. This article is written by the author based on his practical application experience. All definitions and interpreta y and representatives from various regulatory agencies are working out to design the regulatory requirements for manufacture and sale of combination products tion of terminology are his point of view and has it has no intention to conflict with experts in similar topic. The author holds no responsibility for the use of this article in any way. ------------ . 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 ---------------------------------------------------- Free to reprint or re-publish: All rights reserved. You are free to reprint or re-publish this article as long as you include my resour elopment. They need to be wiser in analyzing the market trends and the regulatory requirements. Companies that provide selfless information through particip e box at the end of this article. And ensure that the URL in the resource box remained intact and it is linked to the author's website. ---------------------------------------------------------------- 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):
Related Articles:Finding Weakness in the Competitor Strength Clickbank Basic Introduction To Clickbank The Hard Push Technique....Turn On or Turn Off?
|