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Management Control System

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0% found this document useful (0 votes)
20 views24 pages

Management Control System

Uploaded by

rubina.mazari007
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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Management Control System

Management Control System in Pharmaceutical


Management
• Set of procedures and processes designed to ensure that the company's strategies and
objectives are achieved effectively and efficiently

• Involves planning, monitoring, and evaluating all aspects of the pharmaceutical business,
from research and development to production, marketing, and distribution

• MCS integrates various functions such as financial management, quality control,


regulatory compliance, and operational efficiency to maintain a competitive edge in the
pharmaceutical industry
Purpose of Management Control System in
Pharmaceutical Management
• Ensuring Compliance

• Enhancing Efficiency

• Quality Assurance

• Financial Performance

• Risk Management

• Strategic Alignment

• Performance Measurement
Steps in Control Process in Pharmaceutical
Management
• Setting Standards and Objectives

• Measuring Performance

• Comparing Performance

• Analyzing Deviations

• Taking Corrective Actions

• Feedback and Adjustment


Forms of Operation Controls in Pharmaceutical
Management
• Quality Control (QC)

• Inventory Control

• Production Control

• Financial Control

• Regulatory Compliance Control

• Risk Control

• Process Control
Requirements for Adequate Control in Pharmaceutical
Management
• Clear Objectives and Standards • Integrated Systems

• Accurate and Timely Information

• Effective Communication

• Adequate Resources

• Competent Personnel

• Regular Monitoring and Evaluation

• Adaptability and Flexibility


Critical Control Points in Management Control System
in Pharmaceutical Management
• Raw Material Sourcing and Quality Control

• Critical Point: Ensuring the quality and integrity of raw materials

• Control Measures: Supplier audits, raw material testing, and certificates of analysis

• Manufacturing Process

• Critical Point: Maintaining consistency and quality throughout the production process.

• Control Measures: Standard Operating Procedures (SOPs), process validation, in-process checks, and
environmental controls.

• Quality Control (QC) Testing

• Critical Point: Ensuring final product meets quality specifications.

• Control Measures: Analytical testing, stability testing, and compliance with pharmacopeial standards.
Critical Control Points in Management Control System
in Pharmaceutical Management
• Storage and Distribution

• Critical Point: Maintaining product stability and integrity during storage and distribution.

• Control Measures: Temperature monitoring, humidity control, and proper inventory management

• Regulatory Compliance

• Critical Point: Ensuring compliance with local and international regulatory requirements.

• Control Measures: Regulatory audits, documentation control, and compliance training

• Pharmacovigilance
• Critical Point: Monitoring and managing adverse drug reactions.

• Control Measures: Adverse event reporting systems, risk management plans, and post-marketing
surveillance
Critical Control Points in Management Control System
in Pharmaceutical Management
• Change Control

• Critical Point: Managing changes to processes, equipment, or materials.

• Control Measures: Change control procedures, impact assessments, and validation


protocols
Standards in Management Control System in
Pharmaceutical Management
• Good Manufacturing Practices (GMP)

• Standard: Ensuring that products are consistently produced and controlled according to
quality standards.
• Application: Covers all aspects of production, from raw materials to finished products

• Good Laboratory Practices (GLP)

• Standard: Ensuring the quality and integrity of non-clinical laboratory studies.

• Application: Applies to preclinical testing environments

• Good Clinical Practices (GCP)

• Standard: Ensuring the protection of human subjects and the integrity of clinical trial data.

• Application: Covers all aspects of clinical trials


Standards in Management Control System in
Pharmaceutical Management
• International Organization for Standardization (ISO) Standards

• Standard: Various ISO standards like ISO 9001 (Quality Management) and ISO 13485
(Medical Devices Quality Management).
• Application: Applies to quality management systems and specific industry requirements

• Pharmacopoeial Standards:

• Standard: Standards set by pharmacopeias like USP, EP, JP for drug substances, excipients,
and finished products.
• Application: Covers specifications for identity, strength, quality, and purity
Standards in Management Control System in
Pharmaceutical Management
• Regulatory Requirements:

• Standard: Compliance with regulatory bodies such as FDA (USA), EMA (Europe), and other
national regulatory authorities.
• Application: Includes guidelines, regulations, and directives that must be followed

• Environmental Standards

• Standard: Ensuring environmental sustainability and safety in operations.

• Application: Compliance with environmental regulations and guidelines

• Safety and Risk Management Standards

• Standard: Identifying and mitigating risks associated with pharmaceutical processes and products.

• Application: Implementing risk management frameworks like ICH Q9 (Quality Risk Management)
Motivation in Pharmaceutical Management

• Importance of Motivation in Pharmaceutical Management

• Enhancing Productivity

• Improving Quality

• Compliance and Safety

• Innovation and Improvement

• Employee Retention
Motivation in Pharmaceutical Management
• Factors Influencing Motivation in Pharmaceutical Management

• Intrinsic Motivation

• Purpose and Meaning: Employees are motivated by the understanding that their work contributes to
improving health and saving lives.
• Professional Development: Opportunities for learning, growth, and career advancement can
motivate employees

• Extrinsic Motivation

• Compensation and Benefits: Competitive salaries, bonuses, and benefits are critical extrinsic
motivators.
• Recognition and Rewards: Recognizing and rewarding employee achievements can boost morale
and motivation.
• Work Environment: A positive and supportive work environment enhances motivation.
Motivation in Pharmaceutical Management
• Organizational Culture

• Leadership and Management Style: Effective leadership that supports, mentors, and empowers
employees can significantly boost motivation.
• Teamwork and Collaboration: Fostering a collaborative environment where employees feel valued
and part of a team can enhance motivation
Strategies to Enhance Motivation in Pharmaceutical
Management
• Setting Clear Goals and Expectations

• Offering Training and Development

• Implementing Recognition Programs

• Promoting Work-Life Balance

• Fostering a Positive Work Culture

• Providing Competitive Compensation

• Empowering Employees

• Ensuring Effective Leadership


Innovation and Creativity
• Importance of Innovation and Creativity in Pharmaceutical Management

• Drug Discovery and Development

• New Therapies: Innovation is essential for discovering and developing new drugs that address
unmet medical needs and improve patient outcomes.
• Improved Formulations: Creative approaches can lead to better drug formulations, enhancing
efficacy, safety, and patient adherence.

• Operational Efficiency

• Process Optimization: Innovative techniques and technologies can streamline manufacturing


processes, reducing costs and increasing productivity.
• Supply Chain Management: Creative solutions in logistics and supply chain management
ensure timely delivery of products and reduce wastage
Innovation and Creativity
• Regulatory Compliance

• Advanced Analytics: Innovative analytical tools and methodologies help in ensuring


compliance with stringent regulatory requirements.
• Quality Assurance: Creative approaches to quality control ensure that products meet the
highest standards

• Market Competitiveness

• Differentiation: Innovation allows companies to differentiate their products in a crowded


market.
• Speed to Market: Creative problem-solving can accelerate the development and approval
processes, bringing products to market faster
Strategies to Foster Innovation and Creativity in
Pharmaceutical Management
• Encouraging a Culture of Innovation

• Open Communication: Foster an environment where employees feel comfortable sharing ideas and
challenging the status quo
• Supportive Leadership: Leaders should encourage risk-taking and experimentation without the fear
of failure

• Investing in Research and Development (R&D):

• R&D Funding: Allocate sufficient resources to R&D activities to explore new therapeutic areas and
technologies.
• Collaborations and Partnerships: Partner with academic institutions, research organizations, and
biotech firms to leverage diverse expertise and innovation
Strategies to Foster Innovation and Creativity in
Pharmaceutical Management
• Leveraging Technology:

• Digital Transformation: Implement digital technologies such as AI, machine learning, and big data
analytics to enhance drug discovery and development.
• Automation and Robotics: Utilize automation and robotics in manufacturing and quality control to
improve precision and efficiency

• Employee Training and Development:

• Continuous Learning: Provide opportunities for continuous education and professional


development to keep employees updated with the latest trends and technologies.
• Creative Thinking Workshops: Organize workshops and seminars focused on creative thinking and
problem-solving skills
Strategies to Foster Innovation and Creativity in
Pharmaceutical Management
• Creating Multidisciplinary Teams:

• Cross-Functional Collaboration: Form teams with diverse skill sets and backgrounds to bring
different perspectives to problem-solving and innovation.
• Project-Based Teams: Implement project-based teams that focus on specific innovation initiatives

• Implementing Idea Management Systems:

• Idea Platforms: Use platforms that allow employees to submit, track, and develop ideas
collaboratively.
• Incentive Programs: Offer incentives and rewards for innovative ideas that lead to successful
projects
Strategies to Foster Innovation and Creativity in
Pharmaceutical Management
• Focus on Customer Needs:

• Patient-Centric Approach: Engage with patients and healthcare providers to understand their needs
and develop solutions that address these needs effectively.
• Market Research: Conduct thorough market research to identify gaps and opportunities for
innovation

• Adopting Agile Methodologies:

• Agile Project Management: Use agile methodologies to manage R&D projects, allowing for
flexibility and iterative development.
• Rapid Prototyping: Implement rapid prototyping to quickly test and refine new ideas and concepts .
Strategies to Foster Innovation and Creativity in
Pharmaceutical Management
• Focus on Customer Needs:

• Patient-Centric Approach: Engage with patients and healthcare providers to understand their needs
and develop solutions that address these needs effectively.
• Market Research: Conduct thorough market research to identify gaps and opportunities for
innovation

• Adopting Agile Methodologies:

• Agile Project Management: Use agile methodologies to manage R&D projects, allowing for
flexibility and iterative development.
• Rapid Prototyping: Implement rapid prototyping to quickly test and refine new ideas and concepts .
Examples of Innovation and Creativity in
Pharmaceutical Management
• mRNA Technology: The development of mRNA vaccines for COVID-19 by companies like Pfizer-

BioNTech and Moderna showcased rapid innovation and collaboration.

• Personalized Medicine: Innovations in genomics and biotechnology are enabling the development of

personalized treatments tailored to individual genetic profiles.

• Telemedicine and Digital Health: The integration of telemedicine and digital health tools to enhance

patient care and remote monitoring.

• 3D Printing: Using 3D printing technology for drug formulation and production, allowing for

personalized dosages and complex drug delivery systems

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