Non Profit Policy And Procedure | Site: Sample Bylaws Nonprofits

In a bureaucratic enterprise, company policy can kill innovation and prevent quick adaptation and actions. On the other hand, absence of widely understood policies can lead to a chaotic scenario in organizations with more than a few decision makers. Policy making has to strive not only to provide clear guidelines for decision-making, but also to lead the organization towards its goals.

What are Business Policies?

The term "policy" means a general practice established within an organization for dealing with an issue or situation. Such general practices can be written down in policy manuals or come to be established through unwritten observance. In fact, unwritten but consistent practices can often override policies specified in written policy statements.

Policies start at the very top level. Founders of businesses typically have specific ideas not only on what they want to achieve, but also on how these should, or can, be achieved. The question of what needs to be achieved is answered in terms of goals and objectives. The question of "how" is answered partly in the form of relevant policies.