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Growing Pains
Problem:
Adding 15 new trials next year
~30 new FTEs
are needed to conduct NEW trials
Recruiting is very competitive against larger, better funded companies
Actions:
Used external recruiters to recruit candidates in shorter amount of time
Aggressively outsourced and hired contractors for short term
Offered more competitive salaries to attract talent
Results:
Forced to hire less experienced staff because of company goals
Needed to hire more experienced contractor at higher rate under time pressure
Many new hires and contractors sat idle because of trial delays
Trial costs were significantly higher than budget
Lessons:
Shortage of experienced clinical managers
in Bay Area
Inexperienced clinical managers
learned by trial and error- on the job
Results from new hires lag 6 months after starting;
don't expect quick impact!
Application:
Outsource
the trial to an experienced team
Pay for results; minimize payments during down time
© 2008 Kenneth Wu and Associates, LLC
K
enneth Wu and Associates, LLC
Growing Pains
Growing Pains
Where are we?
Where are we?
Road Map
Road Map
Benchmark Plan
Benchmark Plan
Process Improvement
Process Improvement
Continuous Improvement
Continuous Improvement
Enrollment Analysis
Enrollment Analysis