Decision-making process management practices

To plan and implement successful launch campaigns, the pharmaceutical industry will increasingly need to meet managed care s need for practical pharmacoeconomic and outcomes data to assist in formulary decision-making processes. Therefore, in the future, the pharmaceutical industry may conduct prelaunch clinical trials in MCOs... 

Safety is one business management or leadership principle that requires bottom-up involvement. The decision that the immediate researchers made to produce one large batch instead of several smaller ones is completely reasonable within their area of work practice, but because they were not represented in the decision-making process, communication failed to reach the bottom level. Failure to reach the action or user level is a common failure of any system. Because safety directly relies on the correct implementation of practices at the user level, it must involve them in a collaborative leadership style. 

Quantitative risk analysis (QRA) is a powerful analysis approach used to help manage risk and improve safety in many industries. When properly performed with appropriate respect for its theoretical and practical limitations, QRA provides a rational basis for evaluating process safety and comparing improvement alternatives. However, QRA is not a panacea that can solve all problems, make decisions for a manager, or substitute for existing safety assurance and loss prevention activities. Even when QRA is preferred, qualitative results, which always form the foundation for QRA, should be used to verify and support any conclusions drawn from QRA. 

---