scholarly journals Early phase value scan for biotechnology innovation

2017 ◽  
Vol 1 (2) ◽  
pp. 159-164
Author(s):  
Mark Nuijten
Keyword(s):  
Cost Effectiveness ◽  
Medicinal Product ◽  
Market Access ◽  
Economic Value ◽  
Development Program ◽  
Forecast Model ◽  
Success Factor ◽  
Discounted Cash Flow ◽  
Critical Success ◽  
Effectiveness Model

Abstract The registration of a medicinal product by EMA or FDA used to be the main driving critical success factor for the future sales of a new medicinal product. The current additional important criteria for reimbursement decisions are cost-effectiveness and budgetary impact, which are taken into consideration in order to make a value for money decision. In order to maximize the chances of obtaining reimbursement at a maximum price, it is very important to have a well thought through strategy at the early onset of the development program in order to proactively cope with the emerging reimbursement hurdles. This paper aims to provide a pricing, market access and reimbursement strategy, which is based on a strategic scan, sales forecast model, pricing model, and cost-effectiveness model. These models are interacted and linked with a discounted cash flow model in order to optimize the economic value of the company.

Preventive Maintenance as a Critical Success Factor in Industry 4.0

2021 ◽  
pp. 311-331
Author(s):  
Pedro Fernandes da Anunciação ◽  
Vitor Dinis ◽  
Francisco Madeira Esteves
Keyword(s):  
Internet Of Things ◽  
Preventive Maintenance ◽  
Industry 4.0 ◽  
Economic Value ◽  
The Internet ◽  
Success Factor ◽  
Critical Success ◽  
Technological Potential ◽  
Wear And Tear ◽  
The Internet Of Things

In an economy that tends to operate in real time, where companies reduce stocks and value the customization of products and services according to the needs of their customers, information systems and technologies assume a predominant role. Equipment maintenance proves to be critical in supplying markets and meeting consumer needs. Regarding the maintenance of equipment, most managers are faced with the technical indications of suppliers, serving as a reference for the respective interventions. However, these indications often do not contemplate the contingency of certain situations, excessive hours of operation, or temperatures higher than those indicated. Preventive maintenance assumes an important role in the maintenance area by allowing interventions that are more appropriate to the wear and tear of the equipment. The technological potential associated with the internet of things or analytics allows the generation of economic value by guaranteeing the adequate conditions of the equipment and by avoiding disruptions in supply to the markets.

Information Security as Digital Economy Critical Success Factor

2021 ◽  
pp. 209-221
Author(s):  
Ricardo de Sousa Correia
Keyword(s):  
Information Security ◽  
Information And Communication Technologies ◽  
Security Policy ◽  
Economic Value ◽  
Security Requirements ◽  
Success Factor ◽  
Commercial Activities ◽  
Critical Success ◽  
Military Security ◽  
World Information

In an increasingly complex and competitive world, information is a valuable asset and a difference maker. It contributes to better government through supporting efficient business, assisting decision-making, mitigating risks, and adding economic value. This case study reviews Portuguese military information security requirements and its potential application on business company's crucial information protection. It's a military security policy, procedures, and measures approach to commercial environment. It's defined a security checklist to be applied by companies which want to achieve success. The explosive growth of information and communication technologies and their global dissemination and penetration have been a special impact on commercial activities, making them an attractive target to competitors and other agents. Cybersecurity is an organization's top priority. It's necessary to build an increasingly effective security policy in order to protect critical information. Keeping safe business competitive information advantages will be the key to success.

A five-step experience design ideation lesson for corporate leaders

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Kevin M. Dulle
Keyword(s):  
Economic Value ◽  
Basic Function ◽  
Success Factor ◽  
Critical Success Factor ◽  
Experience Design ◽  
Content Type ◽  
Corporate Leaders ◽  
Critical Success ◽  
Core Idea ◽  
Creative Ideation

Purpose The author offers a five-step “ERY method’ that expands the thinking around the core idea of a business” basic function and ideally translates it into an experience that is new and unique in the world. Design/methodology/approach Illustrates how experience designers use creative ideation as an effective method to help understand how to elevate an offering transaction to memorable customer experience. Findings The challenge for business is to avoid commoditization by producing engaging experiences that differentiate their offerings of services and goods. Originality/value Experience design has become a key skill for executives now that the competitive advantage and the economic value experiences create has become a critical success factor for corporations in many markets. This approach to ideation of experience design is unique.

MODEL e-GOVERNMENT PEMERINTAHAN DESA

2019 ◽  
Vol 17 (1) ◽  
pp. 53-60
Author(s):  
Ronal Watrianthos
Keyword(s):  
High Potential ◽  
Success Factor ◽  
Critical Success Factor ◽  
Critical Success

Pembangunan e-Government sudah menjadi komitmen pemerintah sebagaimana ditetapkan pada Inpres 3/2003 tentang Kebijakan dan Strategi Nasional Pengembangan E-Government. Namun kebijakan pemerintah ini belum sepenuhnya berjalan di pemerintahan lokal sehingga menjadikan e-Government sebagai ujung tombak pemerintahan tidak dapat berjalan dengan baik. Resistensi terhadap perubahan adalah salah satu faktor penghambat dalam pengembangan e-Government. Undang-Undang No.6 Tahun 2014 Tentang Desa menyatakan penyelenggaraan pemerintahan desa dengan memanfaatkan Teknologi Informasi bisa dilakukan melalui e-Government Desa. Diperlukan kajian mendalam terhadap model yang cocok untuk e-Government desa ini. Proses identifikasi terhadap kebutuhan e-Government Desa dilakukan dengan analisis Critical Success Factor (CSF). Hasil analisis menghasilkan empat tahapan model yang terbagi atas dimensi kompleksitas teknologi dan organisasi dengan tingkat integrasi data dan informasi. Sedangkan hasil dari future portfolio dari perkembangan model ini menggunakan McFarlan’s Analyst Grid sehingga modul strategic, high potential, support, dan key operational dapat dijabarkan. Keywords : e-Government, CSF, Desa  

Critical Success Factors of High Performance Work System (HPWS) Practices: Findings from Malaysian SMEs

2020 ◽  
Vol 11 (1) ◽  
pp. 162-162
Author(s):  
Noor Hassanah Husin ◽  
Nur Naha Abu Mansur ◽  
Nur Naha Abu Mansur ◽  
Beni Widarman Yus Kelana
Keyword(s):  
High Performance ◽  
Manufacturing Industry ◽  
Small And Medium Enterprises ◽  
Success Factor ◽  
Good Reliability ◽  
Work System ◽  
Critical Success ◽  
Innovative Work ◽  
High Performance Work System ◽  
Medium Enterprises

Innovation plays a major role and is a crucial component of the organization’s growth. Creativity and innovation have become increasingly popular as key contributors to firm success in the last few decades or so. The incoming technology of Industrial Revolution 4.0 forced many companies to be innovative to compete in technological era. However, many SMEs are not ready and less innovative. Furthermore, there is lack of research focus on HPWS implementation amongst SMEs indicates that further research must be conducted along these lines. Therefore, this study aim to investigate the effect of high performance work system (HPWS) towards innovative work behaviour of employees in small and medium enterprises. This study used quantitative approach to identify the critical success factor of high performance work systems (HPWS) in Malaysian small and medium enterprises (SME) manufacturing industry. This study used descriptive analysis to analyze the data. Five-point Likert scales items ranging from (1-strongly disagree, 5 – strongly agree) employed for measuring the HPWS. Therefore, the total of 81 items survey questions were adapted to obtain the respondents for SME manufacturing industry. Reliability analysis shows that all the HPWS dimensions have very good reliability with Cronbach’s alpha value range from 0.884 to 0.976. According to Tang et al (2014), Cronbach’s alpha range between 0.70 and 0.80 considered as good reliability whereby 0.80 and 0.90 considered as very good reliability. Result also showed that selective staffing has the highest mean score followed by employee participation, which are 3.951 and 3.833 respectively. This proved that selective staffing is most important critical success factor in the HPWS implementation for Malaysian SME manufacturing industry. Keywords: high performance work system, work engagement, innovative work behaviour, small and medium enterprise.

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