Writing a good company policy is similar to writing a good business procedure, but there are a few differences between a policy and a procedure. A business policy consists of either company rules, typically about ethics or relationships, or process outcomes defining expected results, kind of like a mission statement. So how exactly do you write a good business policy? Continue reading How Do You Write a Good Business Policy?
Questionable or downright unethical behavior can lead to the enrichment of a few and the financial ruin of many. And after the damage has been done, the legislature vows to make sure “it will never happen again”. So what can your business do to create an effective ethics policy and ensure you don’t fall victim to these situations? Continue reading How to Create an Effective Ethics Policy
First, what is a policy? We know that a policy and procedure are two distinct entities. According to the dictionary, policy is a “definite course or method of action selected from alternatives and in light of given conditions to guide and determine present and future decisions”. So, what is a policy cycle? Continue reading What Is a Policy Cycle?
Some business policies are the result of undesirable consequences or something happens that shouldn’t. For example, a door isn’t secure from the outside and someone gets in your building who doesn’t belong. Now management creates a policy restricting the door’s use. For example, “That door is for exiting the building ONLY in case of emergencies. It is NEVER to be used as an entry.” Should we be enacting bad business policies or fixing the door? Continue reading How to Fix Bad Business Policies
Policies are the backbone of every organization. Even start-up companies that don’t yet have formal policies follow long-standing, commonly accepted “rules” of individual and corporate behavior — implicit policies (e.g., the “Golden Rule”) that guide them. Yet, everyone has had to deal sooner or later with policies that are so poorly written that they’re without meaning and validity. In short, the Policies Become Unenforceable. Continue reading How Policies Become Unenforceable
The appearance and format of your policies and procedures statements are just as important as the organization and content of the policy and procedure manual. If you format your policies and procedures in a way that is appealing to the eye and that emphasizes the importance of the statements, they are more likely to be taken seriously and used on a regular basis by your employees. Continue reading How to Format Your Policies and Procedures Manual
What’s the difference between policies and procedures? We talk about policies and procedures all the time, but you may be wondering what is a policy and how does it differ from a procedure? Continue reading What’s the Difference Between Policies and Procedures?