Access. Intelligence. Excellence
NOVEMBER 2015 Research Alert
|This month we added four new studies to the Best Practice Database, the research repository for Best Practices, LLC. All four of the new documents are focused on key issues associated with creating and maintaining an effective and efficient approval process for market research field studies. Topics addressed regarding improving the approval process for market research studies include roles and responsibilities; managing review cycle times; review process excellence and managing honoraria. Each of the studies include extensive qualitative data with narratives from executive interviews and document 5386 has a chapter that is a case study of one company's tactics for improving its review process for market research studies.|
The new Best Practices, LLC studies listed below under Newly Added Research explore how leading companies have made their operations more effective across these different areas.
|Download: Enabling Marketing Insights and Superior Competitiveness through Faster Market Research Approvals: Lessons Learned and Roles & Responsibilities (ID 5387)|
A laborious internal review process for market research projects can bog down a study's launch and, consequently, slow down decisions, especially, in today's fast pace pharmaceutical marketplace. This benchmarking study provides qualitative and quantitative data on how leading companies manage roles and responsibilities to expedite the market research approval process.
||Download: Enabling Marketing Insights and Superior Competitiveness through Faster Market Research Approvals: Managing Cycle Times (ID 5384)|
To gain competitive advantage, timely approvals of market research studies is critical, specifically, with different functions involved in reviewing process. Best Practices, LLC undertook this benchmarking study to investigate how leading companies manage cycle times and produce fast responses to accelerate the market research approval process for quicker and meaningful insights.
||Download: Enabling Marketing Insights and Superior Competitiveness through Faster Market Research Approvals: Managing Honoraria and Non-Conforming Requests (ID 5385)|
Establishing an SOP for honoraria rates especially, in the light of Sunshine Act, can be a critical component in getting fast track market research approval. This benchmarking study investigates how leading companies manage honoraria services and non-conforming requests to enable fast and effective market research approvals.
|Download: Enabling Marketing Insights and Superior Competitiveness through Faster Market Research Approvals: Process Excellence (ID 5386)|
This study provides benchmarks around approval process excellence, as well as best practices of high-performing organizations. There is also a chapter regarding a case study of how one organization improved its approval system for market research studies.
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