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tips for developing policies in your business  

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marsh
(@marsh)
Eminent Member Registered

Hello,
Here are the tips that i want to share with you:

1.Think ahead. Establish policies before you need them. Doing so helps avert crises and awkward situations, and helps solve problems before they arise.

2.Determine what policies you need. Some you’ll want early in your business include a mission statement, as well as compensation, performance evaluation and employee policies.

3.Get input from key employees, as well as from members of your advisory board, your board of directors, and/or your professional advisors and consultants.

4.Communicate policies to everyone in your business.

5.Review policies on a regular basis—once a year, for example—and revise them as necessary.

Thank you

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Posted : 22/04/2010 4:39 am
melody34
(@melody34)
Active Member Registered

Re: tips for developing policies in your business

Hi

I think your post to be suitable for everyone who is interested in valuable resources. Keep up the good work, thanks for the great sharing.

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Posted : 23/04/2010 1:01 pm
MeenaBhattacharya
(@MeenaBhattacharya)
Active Member Registered

Re: tips for developing policies in your business

marsh;47605 wrote: Hello,
Here are the tips that i want to share with you:

1.Think ahead. Establish policies before you need them. Doing so helps avert crises and awkward situations, and helps solve problems before they arise.

2.Determine what policies you need. Some you’ll want early in your business include a mission statement, as well as compensation, performance evaluation and employee policies.

3.Get input from key employees, as well as from members of your advisory board, your board of directors, and/or your professional advisors and consultants.

4.Communicate policies to everyone in your business.

5.Review policies on a regular basis—once a year, for example—and revise them as necessary.

Thank you

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Posted : 06/12/2014 1:26 am
MeenaBhattacharya
(@MeenaBhattacharya)
Active Member Registered

Re: tips for developing policies in your business

Thanks for sharing your valuable information. I really like this. Thanx alot!!!

http://nationkart.com/new-e-commerce-business-ideas/

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Posted : 06/12/2014 1:28 am
meshark
(@meshark)
Eminent Member Registered

Awesome tips you just shared here and thanks a lot of this.

It's a good thing to have such declarations on your business, so you can avoid the possibility of something going wrong.

 

 

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Posted : 14/08/2019 5:31 am
Hasanmu
(@hasanmu)
Active Member Registered

Really good tips, especially about reviewing policies. It is important to do it from time to time in order to comply with regulations and employees.

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Posted : 15/11/2019 3:25 pm
Fredcho8
(@fredcho8)
New Member Registered

I think employee meetings from time to time to discuss poilicies are really beneficial on this matter. They are affected by it so their input is crucial.

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Posted : 17/12/2019 8:02 pm
alcott8732
(@alcott8732)
Active Member Registered

A few tips for developing great business policies in your business;

  • There must be a need, so have a policy created that addresses that specific need.
  • Identify who will be in charge or responsible for executing your policies.
  • Consult with appropriate shakeholders
  • Consider anything other thing that will be required to make your policies complete
  • Finally go ahead and implement
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Posted : 01/06/2020 12:10 pm
mikeduke790
(@mikeduke790)
Eminent Member Registered

A written policy helps your organization run more smoothly and efficiently. A basic way to look at a policy is that it is a written record of a workplace rule.

Therefore, it is time to develop a policy when:

a. Legislation expressly requires an organization such as yours to have a certain policy in place.

b. Legislation does not expressly require your organization have the policy, but the regulations and steps are tightly defined. In this case, a written company policy will help to ensure that your organization is in full compliance.

c. Inconsistencies exist in how managers make decisions and/or how employees behave. Those inconsistencies are having a negative impact on the work environment, or on how your business is carried out.

d. Confusion exists in certain areas of your business as to how things are done.

Developing a new policy is not something that should be done impulsively. For example, consider carefully if you are creating a policy simply to deal with a one-time situation with a few individuals who may be causing problems.

Remember that a written policy creates a rule or standard to be followed consistently. As such, it can reduce management's flexibility to treat each situation as unique. Policies that are not necessary, or that are not well written, can actually cause harm to your organization. Plus, they can be difficult to change once they have been put into place, and become part of your company culture.

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Posted : 13/10/2020 12:47 pm
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