DESCRIPTION

This blog does not intend to discuss indication or project specific elements such as Clinical Development or Regulatory Strategies. These are important aspects of Clinical Research Management and key for the overall success. However, they are usually not generalizable and typically considered confidential.

The ability to execute efficiently, however, is the underlying key to success as measured by timelines, budget and quality - especially in small and virtual biotech companies.

This blog attempts to make a difference by focusing on those generic aspects of Clinical Research Management that go across indications, clinical development stages and trial complexity. They are in one way or another relevant to almost any clinical research project.

This blog has the scope to support small and virtual teams handling the challenges of managing the outsourcing of complex clinical projects without a lot of organizational support.

In small and virtual biotech execution risk is the greatest risk. This is why I call the blog "Advanced Clinical Research Management"

Alliance Management

Last week I attended a presentation by Stuart Kliman from Vantage Partners.

http://vantagepartners.com/

Principles of alliance execution are relevant to consider in a small biotech setting.

Firstly, many companies enter into partnerships with larger pharma companies at some stage.

Understanding the principles of alliance management may be crucial for capturing the full value of the alliance.

Secondly,  principles of alliance management may apply for vendor management strategies as well. Although your vendor relationship with you vendor has a different premise than a true alliance (sponsor/CRO, costumer/service provider) - after signing the contract - you relationship may fail if you do not capture the differences. Fundamentally, the key element of "managing difference" can be used as a tool to focus on understanding your vendors perspective when defining how to best manage your relationship.










Do not forget to focus on you internal stakeholders (team, management team, Board of Directors)




Check out the website of Vantage Partners - they provide a lot of great resources - and inspiration.



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