If this box remains here for more than 30 seconds, click this link to try again.
Products & Services »
Business Operations » Strategic Planning and Management
Download FREE Excerpt
17 Info Graphics
37 Data Graphics
9 Best Practices
Single User: Authorizes use by the person who places the order or for whom the order was placed.
Sitewide: Authorizes use of the report for a geographic site. All people at site can view the report for a year and copies can be printed.
Corporate: Authorizes use for the entire company for a year and copies can be printed. No limitations for usage inside the company.
However, running an effective advisory board requires optimal investment in resources and operations. Also, leaders involved in advisory board management should ensure that the quality of meetings and dialogue with advisory boards is excellent.
Best Practices, LLC designed a study to identify the best practices in advisory board management at mid-sized biopharmaceutical and medical device companies. The study delivers benchmarks on the optimum structure for various types of advisory boards, recruitment of advisory board participants, advisory board operational and resource benchmarks.
NOTE: Segmentation analysis was key to examining trends and effective practices. This research captures insights from the Mid-Sized Companies Segment. Mid-sized companies are those with annual revenues between $1 Billion and less than $10 Billion.
· Physician & Clinical Advisory Boards Most Common: Six out of 10 benchmarked companies maintain physician and clinical advisory boards.
Segments: Large Companies utilize all the types of advisory boards studied in this research. Sixty-two percent of large companies have physician advisory boards and 69% have clinical advisory boards. Half of large companies also host marketing advisory boards.
· Large Companies Prefer National Participants for Physician Advisory Boards: Unlike some benchmarked companies, 56% of large companies prefer national participants as a part of their physician advisory boards while 33% like a mix of both national and regional.