Access. Intelligence. Excellence
AUGUST 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 issues around the management of advisory boards by biopharmaceutical companies. The studies present data from two perspectives: mid-sized and small company. One of the studies examines structural and operational issues with data segmented by mid-sized and small companies while the second study explores cost and challenges of ad board management with data also segmented by mid-sized and small companies. |
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: Benchmarking Advisory Board Management at Mid-Sized Pharmaceutical and Medical Device Organizations: Structure and Operations (ID 5370) |
The pharmaceutical and medical device industries rely on advisory boards to provide non-binding but knowledgeable guidance on various marketing, clinical, payer and physician related issues that affect their operations. This study pinpoints structure and working benchmarks around the use of advisory boards in the pharma and device sectors.
||Download: Benchmarking Advisory Board Management at Mid-Sized Pharmaceutical and Medical Device Organizations: Cost and Challenges (ID 5371) |
Best Practices, LLC undertook this study to help pharmaceutical and device executives seeking ways to effectively manage advisory boards. The study includes challenges and best practices for advisory board operations, the selection of board members, cost and outsourcing benchmarks for running ad boards.
||Download: Benchmarking Advisory Board Management at Small Pharmaceutical and Medical Device Organizations: Structure and Operations (ID 5372) |
This Best Practices, LLC study examines preferences around the types of boards, size of boards, types of format, meeting length and other structural and operational issues associated with advisory boards. Leaders who work with advisory boards can use this study to compare their company's approach with that of peer organizations.
|Download: Benchmarking Advisory Board Management at Small Pharmaceutical and Medical Device Organizations: Cost and Challenges (ID 5373)|
It's important for leaders involved in advisory board management to understand the financial resources needed to ensure that the boards attract quality members and produce insights that will improve operations. Research findings provide evidence-based benchmarks around these issues so leaders can compare their efforts with industry peers.
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