In this competitive world scenario,
each and every company needs to excel to fulfill the criterion of survival of
the fittest. But such companies need to succeed using limited resources such as
time, manpower, money and effort. Thus, in such a neck to neck situation,
companies cannot afford any wrong decision or move. In order to take the utmost
benefits of each of their moves, the companies, therefore, strive to take a
holistic approach to arrive at a conclusion regarding their endeavors. This
includes expert advice on specific issues such as regulatory affairs, drug
launching and marketing of products. Such experts are better known as
consultants who provide a researched holistic solution to any management issue.
A consultant who provides expert
advice in areas related to research and development of a biotechnology company
is known as Biotechnology
consulting. It is interesting to note that a consultant can either be
an individual who is proficient in the field or a company which specializes in
such affairs. A biotechnology consulting person or company would assist in
research and commercialization of biotechnology apart from providing inputs on
improving methods and efficiency of production and other crucial aspects
related to biotechnology research and development.
Such consultancy can either be
provided in the form of specialized technical knowledge or expertise sharing on
the need basis. This type of consultancy is required by both the start up
companies and the already established companies. Such consultancy has seen an
impetus in its growth with the growth of the pharmaceutical companies and the
growing impact of various conflicts of interests on the commercialization of
various biotechnology researches.
Project management essentially
comprises of the activities of planning, organizing, leading, and controlling
the resources, procedures, and protocols to achieve the specific goals and
targets in any problem either scientific or routine mundane problem.
Biotechnology research is a huge task. Such a huge task, in order to be
performed well, needs to be broken down into smaller units of tasks better
known as projects. All such projects, then collaborate in a synergistic fashion
to make up the whole gamut of biotechnology. Since there are numerous projects
under biotechnology research and development, in order to derive the
synergistic result, these projects need to be managed under effective
leadership. The leadership managing these smaller units or the projects is
basically involved in the biotechnology project management.