If you read our recent post on “A Shifting Pharmaceutical Industry”, you know that the emerging ‘niche buster’ model is pushing organizations to become more flexible, nimble and collaborative as the breadth of their product portfolios increases. Despite the changes and challenges, organizations need to intelligently approach how they manage content and minimize the risks of tech transfer.
How Can Organizations Minimize These Risks and Implement Solutions?
A well-planned strategy and approach to content management, collaboration, information security, and project planning can help organizations proactively confront the challenges and risks of the Technology Transfer process. Tools such as Microsoft SharePoint and similar collaboration platforms provide the following core capabilities to help manage the product lifecycle:
Collaboration portals, which allow for a centralized location for all team, cross-functional, or project-based documents, materials, and communications, can help to eliminate the habit of sites working in independent silos.
Defined processes and workflows can provide structure for automated document transfers, simplify and track review & approval processes, and streamline approvals throughout transfer stages.
Securely controlled content ensures that only the right people are accessing the right content at the right time – with defined retention and access periods for specific people or groups. Business leadership can define who manages security and who can conduct audits to align with compliance standards.
- Project planning and management tools allow teams to create and share timelines, manage tasks and time to completion, and alert team members of due dates and review periods. These tools can be embedded within portals to allow for organized reporting and communicating real-time progress to leadership.
The pharmaceutical and life sciences industry continues to change and virtualize key operations, which means organizations will need to adapt and better manage these processes. Consider collaboration processes and technology such as SharePoint, which provides a centralized platform for many of the capabilities above.
Our Customer Experience team at West Monroe has done some great work helping pharmaceutical organizations through these challenges – from implementing Microsoft Project Server to enable a standardized approach and metrics for product trials and development to creating automated workflows for simpler content management.