A Thought Leader Should Be a Thought Leader

May 16, 2012 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

Everyone seems to have a definition of what a thought leader, or key opinion leader, or external expert is. These honorifics are routinely bestowed upon the most revered people in our society.

Most industries—not just healthcare—have thought leaders, but not everyone views them in the same way. Are they thought-provoking? Are they influential? Do they challenge conventions and change standards? Are they truly leaders in their area of expertise? Do they have large social networks? Are they popular and well-known? Are they amazingly brilliant and have a superior intellect? These are many of the questions people ask themselves when determining someone’s thought leadership.

It would appear then, that the definition of a thought leader is in the eye of the beholder, something akin to art or beauty. We certainly cannot get to the answer by parsing the two words. This would mean any leader with a thought would qualify! Furthermore, we have been struggling to define leadership for about 10,000 years now, with still no definitive definition in sight.

To focus on a single industry, such as healthcare, might help with deriving a workable definition. Yet, even in healthcare, new definitions are cropping up all the time, perhaps even more definitions than in other industry sectors.  The traditional or classical definition of a thought leader has ... read more »

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Beyond the Specialist: The Growing Importance of Thought Leadership in Primary Care, Allied Health Professions

January 12, 2012 · Leave a comment

By Brian Castle and Kristen Smithwick

When most people think about thought leaders in medicine, specialists in oncology, neurology, rheumatology and other therapeutic areas immediately come to mind.  However, with the proliferation of illnesses and conditions ranging from diabetes and obesity to asthma, gastrointestinal diseases and psychiatric disorders, key opinion leaders in primary care and allied health professions are more important than ever.

In addition to the growing incidence of several “lifestyle” conditions, the structure of U.S. healthcare dictates that people suffering in these areas see their primary care physicians (PCPs), nurses, nurse practitioners, physician assistants, and pharmacists with much greater frequency than their specialists.  As a result, more PCPs and allied health professionals are joining their specialist colleagues in all of the critical areas that define thought leadership, including publishing, basic and clinical research, clinical practice, speaking, and advocacy involvement.

Thought Leader Select has conducted multiple assessments of thought leader populations in a variety of therapeutic areas, with particular attention to the impact of PCPs, also known as general practitioners, in areas of treatment as diverse as diabetes, allergies, infectious disease, and gastrointestinal conditions.  Primary care physicians, along with their nurse practitioner (NP), physician assistant (PA), and registered nurse colleagues, consistently distinguish themselves in many of the traditional areas of thought leadership once assumed to be the domain of specialists and sub-specialists.

Leaders ... read more »

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The Sunshine Act–How Bad Can It Get?

December 6, 2011 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

For every transaction over ten dollars paid to a physician by a pharmaceutical manufacturer, the Physician Payments Sunshine Provision demands disclosure to a database that will be made public in 2013.

Notwithstanding the absurdity of collecting such an enormous amount of information, someone will undoubtedly spend a lot of time sifting through this data to create lists of “worst offenders.” These lists will be publically promulgated with the sole purpose of bestowing shame on these so-called “offenders.”

Of course, these lists may be perceived as tantamount to publishing a list of child molesters moving into a new neighborhood, or those people charged with driving under the influence of alcohol over the weekend listed in the Monday newspaper. Some of the most brilliant and renowned physicians in this country will be brought to shame for consulting with some manufacturers.

So, how bad can it get? Well, let’s imagine the following scenario, which I refer to as Grinding to a Halt. Leaders in the medical community who are respected for their research and experience may become so concerned about being publically exposed for consulting with various manufacturers that they may decide to cease all interactions going forward.

There will be no more advising pharmaceutical companies about the unmet medical needs for new molecules discovered in their research laboratories. There ... read more »

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Debunking Subjective Methods of Key Opinion Leader Identification

September 1, 2010 · Leave a comment

Recent conferences and literature on effective key opinion leader engagement show that identifying and engaging thought leaders is only getting tougher. Federal and state regulations of payments made to KOLs by pharmaceutical companies (Sunshine Act) and institutional restrictions of industry-related KOL activities reinforce the importance of identifying and engaging KOLs through objective means.

Older, subjective measures for selecting KOLs, such as prescribing habits or level of influence with other physicians, leave biopharmaceutical companies open to continued scrutiny and the possibility for legal action. These methods, like social network analysis (SNA), often lack the detail that industry decision-makers need to select the right KOLs for various types of engagement. Furthermore, it is also true that some objective means of identifying and selecting KOLs have their own limitations. Tracking conference involvement and publications alone is not enough to ensure you have found the top thought leaders in a given medical specialty.

Thought Leader Select has developed a methodology that uniquely provides biopharmaceutical decision-makers with the comfort that they’re identifying and selecting KOLs for the “right reasons”. Our “deep profiling” methodology tracks KOL activities across more than a dozen different areas and provides detailed participation data in a searchable framework that enables clients to select thought leaders in more sophisticated ways. Combining “deep profiling” with Thought Leader Select’s Professional Impact Network (PIN) enables decision makers ... read more »

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Thought Leader Select Launches Key Opinion Leader Assessment in Mexico

July 23, 2010 · Leave a comment

Press Release Out Today from the Offices of Thought Leader Select

July 22, 2010 (CHAPEL HILL, NC)—Thought Leader Select, a North Carolina company dedicated to delivering sophisticated key opinion leader research solutions to the biopharmaceutical industry, announces new key opinion leader research for an established Mexican pharmaceutical company.

The pharmaceutical company, a long-time presence in the Mexican market, has contracted the firm for key opinion leader identification, profiling, and engagement strategies in support of a novel prescription medication for the relief of muscle and joint pain.  Thought Leader Select will assess the skills and experiences of a host of rheumatologists and orthopedic surgeons throughout Mexico.  The pharmaceutical firm will engage the identified medical experts for one-on-one consultations, advisory boards, and speaking engagements, as well as potential clinical studies for new treatment indications for the drug.

In addition to profiles and activity plans for the leading Mexican physicians, Thought Leader Select will also deliver access to its exclusive web-based expert tool for optimizing physician teams for a variety of development activities.

“Our customized services, well-known throughout the United States and Canada,  work for companies operating domestically in Mexico as well as multi-nationals doing business throughout Latin America,” stated Dr. Daniel Bagi, head of Latin American business development at Thought Leader Select, from his office in Mexico City. “The launch of this project establishes Thought Leader ... read more »

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When Real-Time Is a Waste of Time (and Money)!

July 1, 2010 · Leave a comment

Industry Insights from Paul Meade, M. Sc, MPH

In this Age of Information, many people believe that having up-to-date information at their fingertips is beneficial to managing their businesses. This can’t be truer if you have to make up-to-date decisions several times a day. But sometimes having real-time updates is like putting high-octane gasoline in your car when all you really need is regular. Unless you need real-time information to make daily or even hourly decisions, one should ask, what value is there to having such instant information? Some companies offer real-time information on thought leader profiles. Why? Are decisions to engage in thought leader consultations really that time-critical? Does any pharmaceutical executive need instant updates on key opinion leaders to make critical decisions to the overall strategy of a product’s annual plan? Does anyone have that much flexibility in a product marketing plan to make significant changes on a daily basis?

To be sure, busy thought leaders are actively conducting research, publishing articles, and speaking at medical meetings. In fact, these are ongoing activities for many of the top thought leaders in any therapeutic area. But clinical studies are conducted over months and years, not hours or days. Scientific articles can take over a year to get published in leading journals once the research has been completed. Significant medical conferences are ... read more »

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Thought Leader Select announces neurology key opinion leader work for top-20 global pharmaceutical company

March 17, 2010 · Leave a comment

New press release out today from the offices of Thought Leader Select!

FOR IMMEDIATE RELEASE

March 9, 2010 (CHAPEL HILL, NC) —Thought Leader Select, a company dedicated to delivering solutions for better engagement and more sophisticated deployment of key opinion leaders (KOLs) for the pharmaceutical and biotechnology industries, is proud to announce the commencement of a new project for a top-20 global pharmaceutical company.

Deep profiling has proven to be up to three times more effective than other more traditional methods, such as influence mapping, in matching pharmaceutical companies with the key opinion leaders who exhibit the skills and experiences needed to develop tomorrow’s drug therapies (source: Thought Leader Select internal comparative research).

Upon project delivery, the client company will be able to utilize Thought Leader Select’s customized engagement recommendations, research reporting and a web-based profiling tool to develop world-class clinical investigation teams and high-synergy advisory boards. As the client builds its investigative teams and advisory boards, the skills and experiences of the global KOLs will drive key applications.

In addition to Thought Leader Select’s deep profiling, the firm will provide qualitative research of the key opinion leaders selected by the pharmaceutical company to aid in the development of their neurology product.  This study will assess KOL preferences for treating certain neurological symptoms, in ... read more »

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