Keep Your Spot Atop Corporations’ “Short List” of CDMOs
After a contract development and manufacturing organization (CDMO) has earned the title of “sought after CDMO,” it must make a concerted effort to continue to evolve. Leadership should be adaptable, remain open to change, and look for more effective ways to operate. To secure a position at the top of the industry, CDMOs will need to continuously fine-tune systems and processes, consistently meet higher expectations and carefully re-examine objectives.
Developing an expertise
Developing an expertise is a testament to an organization’s employees and their pursuit of excellence. To secure a diverse and highly skilled workforce, CDMOs should not limit their pool of applicants to a specific region or background. As more is expected of CDMOs, these leaders will want to surround themselves with people willing to challenge norms and put in the time it takes to devise more efficient ways to consistently deliver quality.
Building an irrefutable reputation
It not only demonstrates a CDMO’s ability to execute with precision, but also serves as an indicator of its likelihood to continue doing so while adapting to change. To manage this variability and set achievable expectations, clear communication and process validation must be a focus.
Adjusting resources
CDMOs will not only need to invest in their workforce through new hires, but also state-of-the-art facilities and more sophisticated technology. These additional assets contribute to the bedrock of a company’s future and demonstrate long-term aim. Preparing for this moment well in advance will help CDMOs outpace the competition as foresight provides the agility to make wise decisions in a rapidly changing environment.
Safeguarding reliability and quality
As expectations rise with increased demand, CDMOs will want to build capabilities within their organizations, and more broadly through relationships in the industry. Processes need to be developed to support a range of services, from clinical trials through commercialization, and deliver on expedited timelines. Smaller CDMOs should consider establishing working relationships with their own outsourced partners. The unique combination of these two adaptations greatly benefits clients, safeguarding reliability and quality while tapping into the collective wisdom of the industry—a recipe for continued success.
At Grand River Aseptic Manufacturing (GRAM), we keep our edge by hiring people with technical expertise and encourage growth both personally and professionally. With state-of-the-art facilities and cutting-edge technology, there is no limit to their potential. It is this mindset that separates GRAM from the rest.
Learn more in Contract Pharma’s November/December issue.