Navigation Links
Government Affairs Groups Play Critical Role in Protecting Organizations in Turbulent Times
Date:7/20/2012

CHAPEL HILL, N.C., July 20, 2012 /PRNewswire/ -- During this period of political, economic and social turbulence, the Government Affairs function has become critical to protecting an organization's position in the marketplace. But the Government Affairs group and its subgroups – which include Federal, State, International Affairs and sometimes Public Policy – face myriad activities involving both internal and external partners.

To help pharmaceutical companies create and maintain an effective Government Affairs group, Best Practices, LLC conducted a research project to identify key Government Affairs structures, resources, services and priorities across the bio-pharmaceutical industry.  

Some of the benchmarks to surface regarding Government Affairs structure, resourcing and responsibilities were:

  • Almost half of research participants - 47 percent - said their Government Affairs group reports to the CEO.
  • For critical services such as state, federal and international GA, the Government Affairs function places a high emphasis on clearly designating roles and responsibilities with both internal and external resources.
  • When Government Affairs budgets are examined in terms of investment per GA staffer (on a Full Time Equivalent or FTE basis), the average investment is $293,519 per Government Affairs staff member.

The report, Government Affairs & Public Policy Excellence: Optimizing Group Structure & Operations, contains an array of benchmarks regarding Government Affairs and Policy structure, resources and activities. The 75-page report contains 150 metrics and 28 narratives to help inform leaders in Government Affairs and Public Policy who are attempting to align their structure, resources and activities with corporate goals and internal customers' needs.

The research project attracted 16 executives and managers from 15 leading pharmaceutical, biotech and medical device companies including, eight Top 20 pharma companies.  Additionally, the research reflects on deep-dive interviews with selected participants.

Key Topics of this report include:

  • Trends and Drivers of Sub-Group Structural Evolution
  • Structural Models
  • Staffing Benchmarks
  • Funding Levels and Sources
  • Service Levels and Priorities
  • Responsibilities
  • Communicating the Value of Government Affairs & Policy

Executives and managers involved in Government Affairs and Public Policy can use this research to compare their Government Affairs and Public Policy structure, resources and responsibilities with those of leading organizations.

Download a complimentary report summary at: http://www3.best-in-class.com/rr1162.htm.

ABOUT BEST PRACTICES, LLC
Best Practices, LLC is a leading benchmarking, consulting and advisory services firm serving biopharmaceutical and medical device companies worldwide. Best Practices, LLC's clients include all the top 10 and 48 of the top 50 global healthcare companies. The firm conducts primary research and consulting using its comprehensive proprietary benchmarking tools and analysis. The operational insights, findings and analysis form the basis for our Benchmarking Reports, databases and advisory services to support executives in commercial and R&D operations. Best Practices, LLC believes in the profound principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies.


'/>"/>
SOURCE Best Practices, LLC
Copyright©2012 PR Newswire.
All rights reserved

Related medicine technology :

1. Remote Patient Monitoring Devices Market to 2017 - Chronic Disease Prevalence and Government Curbs on Hospital Spending to Drive the Market
2. U.S. Government Supports Phase 3 Study of Bavarian Nordics Smallpox Vaccine
3. Northwest Bio Awarded $5.5 Million German Government Grant
4. Onyx Pharmaceuticals Names John E. Osborn Senior Vice President, Global Corporate Affairs
5. Arena Pharmaceuticals Promotes Craig M. Audet to Executive Officer as Senior Vice President, Operations and Head of Global Regulatory Affairs
6. Synthetic Biologics Appoints Carol Reed, M.D., as Senior Vice President of Clinical & Regulatory Affairs
7. PatientPay from Zepherella Makes Patient Registration and Payment Pre-Authorization Faster, Easier for Physician Groups
8. American Society of Hematology joins European Hematology Association, Patient Groups in Issuing International Call to Action to Alleviate Drug Shortages
9. New Report Outlines Use of Innovative Marketing to Engage Customer Groups that are Key to the Pharmaceutical Industry
10. Pulse Oximetry Screening Hailed as the New Milestone to Combat Critical Congenital Heart Disease - Signal Extraction Technology Leading the Way in Large, Independent Clinical Studies
11. Bath Salts: With Dangerous Drug Use on the Rise, Ameritox Launches Critical New Test to Help Detect Designer Drug
Post Your Comments:
*Name:
*Comment:
*Email:
(Date:6/23/2016)... Capricor Therapeutics, Inc. ... company focused on the discovery, development and commercialization ... in its ongoing randomized HOPE-Duchenne clinical trial (Halt ... its 24-patient target. Capricor expects the trial to ... 2016, and to report top line data from ...
(Date:6/23/2016)... INDIANAPOLIS , June 23, 2016 ... Tomorrow,s Leaders Scholarship is any indication, the future is ... online at www.diabetesscholars.org by the Diabetes Scholars ... in the way of academic and community service excellence. ... program since 2012, and continues to advocate for people ...
(Date:6/23/2016)... 23, 2016 The vast majority of dialysis ... facility.  Treatments are usually 3 times a week, with ... including travel time, equipment preparation and wait time.  This ... grueling for patients who are elderly and frail.  Many ... and rehabilitation centers for some duration of time. ...
Breaking Medicine Technology:
(Date:6/26/2016)... ... June 27, 2016 , ... Quality metrics are proliferating in cancer ... they remain in the eye of the beholder, according to experts who offered insights ... American Journal of Managed Care. For the full issue, click here . , ...
(Date:6/26/2016)... California (PRWEB) , ... June 26, 2016 , ... Pixel ... Cut Pro X. , "Film editors can give their videos a whole new perspective ... Christina Austin - CEO of Pixel Film Studios. , ProSlice Levels contains over ...
(Date:6/26/2016)... Charlotte, NC (PRWEB) , ... June 26, 2016 , ... Brent Kasmer, a legally blind ... able to be personalized through a fitness app. The fitness app plans to fix the ... solutions currently only offer a one size fits all type program , They ...
(Date:6/25/2016)... (PRWEB) , ... June 25, 2016 , ... ... health policy issues and applications at AcademyHealth’s Annual Research Meeting June 26-28, 2016, ... work on several important health care topics including advance care planning, healthcare costs ...
(Date:6/25/2016)... FL (PRWEB) , ... June 25, 2016 , ... The temporary closing of Bruton Memorial ... Plant City Observer , brings up a new, often overlooked aspect of head lice: the ... closing for fumigation is not a common occurrence, but a necessary one in the event ...
Breaking Medicine News(10 mins):