Resource Management: To Algorithm or Not to Algorithm?

Demand forecasting—the ability to project demand by role and project—is an important part of resource management. Companies conduct demand forecasting in several ways. Some have project managers enter demand by role for, say, 12 months. Others communicate standards to help drive consistency in how project managers estimate demand. Still, others create demand forecasting algorithms to[…]

Shining Light on the Sunshine Act

After the Physician Payment Sunshine Act (PPSA) passed in March 2010, most companies took a “wait-and-see” approach. They planned to wait until they absolutely, positively had to deal with its requirements. And with companies juggling so many priorities, it’s understandable that it would slip to the bottom of the list. The PPSA has now forced[…]

Emerging Pharma “Personas” for mHealth and Health IT

  I’m fascinated by how the pharma industry is handling the changes in healthcare. Five years ago, the era of Pharma consolidation and cost cutting went into high gear.  We’ve seen a breakdown of the vertically integrated big Pharma, a shift towards a flexible cost model and plenty of mergers/acquisitions.  This work continues today, and[…]

Clinical Operations Process Improvement (Part II The Ultimate Metric)

There has been a big push recently to execute on more and more improvement projects.  This is thanks in part to the application of lean sigma for clinical operations. But, the financial benefits of an improvement project are not easy to figure out. For example, many such projects, and the metrics surrounding them, revolve around cycle-time[…]

Improving Clinical Operations Metrics (Part 1 – Metrics That Matter)

In the pharmaceutical industry, costs are becoming an increasingly scrutinized component of the clinical development process.  Companies are looking to increase profits by getting drugs to market faster. They are trying to bolster margins by conducting trials with the fewer and fewer resources.  Along these lines, many clinical operations groups are collecting clinical trial metrics as fast as they[…]