Convey the significance of the policy by requiring all employees and board members to sign a copy of the policy upon hire or appointment to the board. Examples of confidential documents may include social security numbers, dates of birth, or bank account information. The Occupational Safety and Health (OSH) Act passed in 1970 protects workers from retaliation under 22 federal laws. News & Resources Although one may come across similar organizational structures within an industry, there will always be subtle differences between the firms.The main reason for adopting a structure is to outline a clear hierarchy of the different company positions. Production policies. HIPAA, EMTALA, CMS Conditions of Participation, DNV/Joint Commission). These are employed to protect the rights of company employees as well as the interests of employers. Bellevue, WA 98004, Client Access Privacy Statement, Who We Serve At the same time, you should state how and when employees should use technology including any restrictions on discussing the company on social media websites or handling personal tasks on their phones during work hours. Formalized, written policies and procedures fulfill a number of important purposes: 1. The following is a sample of several different types of policies broken down by their effect on members of the organization. Standardize practices across multiple entities within a single a health system. Your policy should include any warnings or other disciplinary actions that might precede termination. You should also address other safety issues, such as the use of chemicals and equipment, and expected behaviors and emergency procedures. Typical retention periods include: 3 years: employee applications, I-9 forms, and cash and credit card receipts, 7 years: contracts, journal entries, employee offer letters, and invoices, Permanent: corporate documents, IRS application for tax-exempt status, IRS determination letter, annual audits, and IRS form 990 tax filings. Periodically review the policy for relevance and changes in current laws or norms of the organization. You should also note any disciplinary actions that may occur when employees are late or miss work without notification, including any points programs or warnings used. Copyright 2021 Leaf Group Ltd. / Leaf Group Media, All Rights Reserved. Define what ethical behavior means at the organization and should provide specific examples of unacceptable behavior. There are two broad types of policies: governance and operational Governance policies are made by the governing body. While many people disagree with Steve Jobs approach of managing employees, he was also seen as a visionary and someone that mastered the art of creating an organization that was highly productive. 3. Written policies and procedures are essential to the effective and efficient operations of your programs and organization. Decide how the documents should be destroyed. The 4 Types of Organizational Politics. Company policies can be divided into two general categories. Firstly, let’s define policy and procedures.. A policy is a course of action or guidelines to be followed whereas a procedure is the ‘nitty gritty’ of the policy, outlining what has to be done to implement the policy. In such manner, every subordinate knows who to report to. A code of ethics establishes a common framework for employees, management and the board to make decisions when interacting with donors, grantors, vendors and the media by defining what ethical behavior is in the organization. Blog Facilitate adherence with recognized professional practices. The organizational policies and opportunities that could have benefited Lisa and Pamela is that if the company was empowered by women that providing opportunities, resources, and decision-making on all levels. And the only way to do great work is to love what you do. The tone at the top is primarily conveyed through the actions of management and the board, both internally and externally, but also through policies such as a code of ethics. This can reduce frustration and support employees who are dealing with upset customers. Illustrate examples of what is considered fraud and would therefore be reported through this process versus another type of complaint that should be resolved through other outlets. When considering a sample policy or procedure, be sure to read them thoroughly and make appropriate changes to ensure they match your organizational needs. As with all matters of the heart, you’ll know when you find it. Your employees should also know how much notice they should give you for resigning or retiring. Though much depends on the type and size of the organization, there are three key policies that all not-for-profits should have: One of the most valuable assets of a not-for-profit is its reputation. This policy often requires the board, management and employees of the organization to observe high standards for business and personal ethics. Reviewed by: Michelle Seidel, B.Sc., LL.B., MBA. Employees and board members come from different backgrounds and will often have different definitions of what is ethical behavior. Require draft documents to be destroyed as soon as official signed versions are available. Ensure that the documents are destroyed on time. Therefore, policies should be developed on a sound basis. Definition of Organizational Policy in the Definitions.net dictionary. Company policies and procedures are an essential part of any given organization. The security policy is a high-level document that defines the organization’s vision concerning security, goals, needs, scope, and responsibilities. The attendance policy should explain how to request time off and how to call off for illness or emergency. Home » HR Letters » Types of contracts with workforce and organizational policies. Organizational Structure – Create a chart with each person’s name and title showing how each person fits into the structure of the organization. As auditors of not-for-profit organizations, we are often asked what policies are critical for organizations. About, © 2021 Clark Nuber PS All Rights Reserved, Operational Consulting and Advisory Services, Record retention and document destruction policy. Line organization is the simplest form of organization and is most common among small companies. Research if any document types are governed by federal, state, local or international statutes. Director of Marketing They cover things like hiring and firing, performance appraisals, promotions, and discipline. 1. April 24, 2017. Melissa Takade Functional policies can be classified as follows: 1. All the employees must identify themselves with an two-factor identification process. This article or blog contains general information only and should not be construed as accounting, business, financial, investment, legal, tax, or other professional advice or services. Your employee code of conduct may also be a good place to mention the prohibition against employee theft. 4. For the three-policy statements below please reference the two REFS below A. ISO/IEC: 27002 B. ISO/IEC: 27001 Organizational policy statement 1. way to be truly satisfied is to do what you believe is great work. This is to establish the rules of conduct within an entity, outlining the function of both employers and the organization’s workers. According to the New South Wales Department of Education and Training, the two main sources of organizational policies are external laws or guidelines that are issued by administrative authorities, and those issued by the organization itself. Organisational policies and procedures. The exact types of policies will vary depending on the nature of the organization. Michael Jarrett. The risk management strategy is developed as an output of the risk framing (or context definition). Employee Access The different types of organizational policies, procedures, processes, and systems for WHS are: Policies detailing the company’s views on drugs and alcohol in the workplace and the actions that will be taken if an employee is found to be using drugs or alcohol at work; update your policies. Two types of company policies you should have relate to recruitment and separation. Regulatory: Regulatory policy ensures that the organization is following standards set by specific industry regulations. Written, codified policies show customers and clients that a company's stance or actions aren't arbitrary and that they are applied in all situations. by. It should explain how employees qualify for each program – such as whether a waiting period is required to receive a certain benefit – and how employees can take advantage. Some other conduct policies might include your company dress code, rules on misuse of company equipment, expectations about fulfilling job duties and business communication policies. All policies are listed at Category:Wikipedia policies.A list that also includes guidelines is at List of policies and guidelines.For an explanatory supplement of this page, see Wikipedia:Simplified ruleset.This page is broken into the following categories: Content, which defines the scope of the encyclopedia and the material that is suitable for it Some of the policies such as appealing policies are made on the basis of the requests received by the managers and the employees of the company. That's when policies come in handy. Your small business needs several types of company policies that inform employees of company procedures and expectations and help avoid confusion and potential legal issues. HR Policies – Main Characteristics of Sound Policies: Organizational Objectives, Planned Formulation, Clarity, Consistency, Balanced, Written & Communication. There are also some company policies that are required by law, including those relating to employment nondiscrimination and … Some common types of policies in an organization relate to technology usage, attendance, recruitment, pay and benefits, safety, diversity and employee conduct. Compliance policiesare policies created to satisfy legal or regulatory requirements. Having eight years experience running all aspects of her small business, she is knowledgeable about the daily issues and decisions that business owners face. Phone: 425-454-4919 and can include policies such as directions, laws, principles, rules or regulations. © Clark Nuber PS, 2015. It essentially focuses … It is the determination of the long-term objectives of an enterprise, the action plan to be adopted and the resources to be mobilized to achieve these goals. The report also noted that, by adding a fraud hotline, an organization can increase the number of frauds detected and, on average, cut the cost of fraud by 41% and the time to detection by 50%. Though much depends on the type and size of the organization, there are three key policies that all not-for-profits should have: Code of ethics; Whistleblower policy; Record retention and document destruction policy; Code of Ethics Types of contracts with workforce and organizational policies. An organizational chart makes it clear how the management system works and who should report to who. Describe not only the system for filing and maintaining the documents, but also the process for destroying the documents once the established time period has passed. As you review each of the sections The benefits of these rules and procedures are they provide a check against the whims of individual level, charismatic or autocratic individuals. If the document is confidential in nature, a secure method to shred physical documents must be established. Other types of employment policies your company needs will explain the pay system for employees as well as any benefits programs you offer. Finance policies. (a) Product Policies: Others are critical in supporting accurate accounting records, and still others are retained for knowledge transfer when there is a turnover in staffing. Create a system to halt all document destruction once the organization is aware that it is under investigation or it may be subject to legal proceedings. Organizational policies are guidelines that outline and guide actions within an business or agency. The benefits policy should detail all programs your company offers for insurance, employee assistance, tuition reimbursement, paid vacation and holiday pay, workers' compensation and disability. You might also specify the chain of command and any "open-door policy" your business has. 5. Procedures for each business can … Clearly state that fraudulent activity is not tolerated by the organization and it is the responsibility of all employees to report violations or suspected violations. It is one of the beneficial policy of the company which doesn’t include any type of specific rule and regulation in terms of the company matters. They cover: the governing body’s accountabilities, attendance, codes of conduct, commitments, conflict of interest, decision making, governance values, leadership, roles and responsibilities, and a range of related cultural matters. 3. All Rights Reserved. Considering how vital an organi… Three main types of … Some other places featuring her business writing include JobHero, LoveToKnow, PocketSense, Chron and Study.com. Your company should also have policies governing employee conduct, such as a code of ethics. You should also mention any state laws, such as those governing at-will employment so that new hires understand the employee-employer relationship. All of these needs must also be balanced against the organization’s physical and electronic storage capabilities. Ashley Donohoe started writing professionally about business topics in 2010. Establishing a whistleblower policy can make a big difference to the organization’s reputation and bottom line. For example, your health insurance policy might spell out the number of hours employees must work weekly to qualify. Using identity card and with biometric finger print scan to enter inside the office area. These policies should address issues like confidentiality of company information, compliance with laws, fair employee and managerial conduct and conflicts of interest. When preparing the organization’s code of ethics management should: The 2014 Report to the Nations Global Fraud Study published by The Association of Certified Fraud Examiners noted that tips are the most common way of discovering fraud. Your employees need policies that explain the expectations for showing up on time each day and the procedures for taking leaves when necessary. What type of organizational policies and opportunities might have benefited Lisa and Pamela? Reference the organization’s code of ethics policy. It being a standing plan, provides guidelines to managerial decisions. Contact Us These may include employee records, accounting records, tax records, board minutes, email communications, department policies and federal or non-federal grants and contracts. This type of approach receives both backlash and applause. When preparing the organization’s record retention and document destruction policy, management should: By adopting these three policies, an organization can protect its valuable reputation, be more efficient in making decisions, detect fraud in a timely manner, and protect the organization from knowledge loss and excess liability. Summary. Consider including a whistleblower hotline, which provides additional anonymity and has been shown to make employees more likely to report potential or actual wrongdoing. Policiesprovide broad guidelines for the smooth operation of the organization. If the documents are not destroyed they are legally discoverable if the organization were to be sued. Michael Jarrett. A company policy about the acceptable business use of mobile devices, computers and the internet is essential for keeping your company data safe and avoiding issues with workplace productivity and your company's reputation. For example, you might mention that employees taking leave under the Family and Medical Leave Act won't receive pay for their time off but will return to their same or equal position. Its organizational structure involves top notch excellence, creativity, innovation, secrecy and competiveness. What We Do (a) Product, (b) Pricing, (c) Promotion, and (d) Physical distribution. Reduce practice variation. There are also some company policies that are required by law, including those relating to employment nondiscrimination and state-specific employment laws. Your technology usage policy should mention security procedures such as the use of anti-virus software and proper methods for securely accessing company information. Gusto: The Top 8 Policies to Include in Your Employee Handbook, ConvergePoint: 10 Policies All Companies Should Have, Workable: The 5 Company Policies You Need to Have in Writing, Workable: Occupational / Workplace Health and Safety Policy. Provide a hierarchy for reporting issues internally, including options for when the person in question is the person that would typically receive the complaint. Your leave policy should address how to request time off for jury duty, vacation, bereavement, sick leave and any other leave your company offers. Every business should have some policies and procedures to govern their daily business operations and to protect the business and their employees. Clark Nuber Furthermore it can reduce subjective or inconsistent management decisions, which saves time, money and potential adverse results from an unethical decision. Begin by determining what types of documents the organization has. Careers In this situation the policy may direct the employee to contact someone on the board. Remind employees that it is a crime under Section 802 of the Sarbanes Oxley Act to intentionally destroy, alter, falsify, etc. When you weigh the different priorities in your business, you realize that you could spend endless hours creating rules for employees, providing them with training and corrective feedback and helping them … If you haven’t found it yet, keep looking. As a Top 100 accounting firm with nearly 200 people, Clark Nuber offers a broad range of specialized expertise targeted to people like you. Meaning of Organizational Policy. No matter the size of your organization, one of the company policies you need is a chart outlining your organizational structure. The woods, the weeds, the rocks, the high ground. Policies origina… Some common types of policies in an organization relate to technology usage, attendance, recruitment, pay and benefits, safety, diversity and employee conduct. Strategic plans define the framework of the organization’s vision and how the organization intends to make its vision a reality. These policies are designed to promote consistency continuity and standards of performance and reflect the basic needs of the college as well as its faculty, staff, students and community. For some documents, professional judgement must be used. Your separation policy will explain reasons and procedures for termination, retirement, voluntary resignation and contract expiration, if applicable. Marketing Policies: Basically marketing policies relate to each of the “four Ps in marketing” namely. Since it is planning the direction of the company’s progress, it is done by the top management of an organization. System breach prevention When an employee leaves the company, the company will update their CRL and ACL (certificate revocation list and access control list). Include a “no retaliation” section, noting that retaliation will not be tolerated in any form and if it does occur it will be promptly investigated. A policy is somewhat a permanent feature of an organization. Just like policies, procedures can be implemented to advance the company'… This chart should clearly illustrate who manages who and should be openly accessible to anyone in the company. In addition, you'll want to address substance abuse in the workplace, such as requirements that employees abstain from illegal drug use and the use of any drug tests to maintain employee safety. 6. 1. For example, you need policies that explain discrimination and harassment in the workplace and the proper procedures for reporting and handling such issues. Being aware of these policies can help you write an effective employee handbook. 4. When preparing the organization’s whistleblower policy, management should: Organizations retain documents for a number of reasons, and some documents are legally required to be maintained for a specified period of time. The organization may choose to designate one person in the accounting department for retaining accounting records and another within the human resource department for maintaining employee personnel records. The Importance of Organizational Policies. It should explain requirements for taking these leaves and detail the implications in terms of wages and job security. In addition, include any conduct-related company policies required by law. Contact Melissa, 10900 NE 4th St, Suite 1400 Your policy should address the surrender of any company equipment and uniforms and include information about separation. In the same way that no two people can ever be the same, no two companies are identical. Whether they are formally written or not, most organizations have identified policies. As we mentioned earlier, procedures are the means by which organizational members advance company policies. As stated above, the most common examples of standing use plans are policies, procedures, and regulations. It should also explain how the company compensates workers fairly based on factors like seniority and role rather than illegal factors such as age or gender. Other policies are created due to a legal requirement. any records, documents or tangible objects that are involved in or could be involved in a U.S. government investigation or prosecution of any matter or in a Chapter 11 bankruptcy filing. 1. Serve as a resource for staff, particularly new personnel. It clearly identifies authority, responsibility and accountability at each level.These relationships in the hierar… Information and translations of Organizational Policy in the most comprehensive dictionary definitions resource on the web. by. 3. Administration activities are the primary backbone that ensure that a hospital is running smoothly and has everything in place in order to make sure that the staff, patients, and visitors are being handled in the proper manner.Administrative policies cover a vast area including, but not limited to, visitation rules, dress code policy, acquisition of equipment, bed policy, and various other activities that are needed to be performed in order to help r… Create a process to review all retained documents and establish their destruction timeline. For example, a company may have a policy to encourage recycling in the wo… In recent years more and more organizations have had public scandals that have impacted the organization by severely reducing its contributions or grants or by making the organization close its doors forever. Your company's recruitment policy should demonstrate fairness and diversity in the hiring process and must follow the guidelines of the Equal Employment Opportunity Commission in regard to avoiding discrimination based on factors like age, gender or race. 2. The authority is embedded in the hierarchical structure and it flows in a direct line from the top of the managerial hierarchy down to different levels of managers and subordinates and further down to the operative levels of workers. Personnel policies. Policies may be classified in many different ways. 2. Policy is intended to affect the "real" world, by guiding the decisions that are made. What does Organizational Policy mean? One of the easiest ways to help prevent damage to an organization’s valuable reputation is through what is known as the “tone at the top”. Goal-oriented policies can be announced to advance the company's organizational goals and to protect the company's interests. Before making any decision or taking any action, you should engage a qualified professional advisor. These examples will help direct employees to appropriate outlets and will reduce the costs of investigating items that are not fraud. Different Types of Organizational Structure. Don’t settle. As auditors of not-for-profit organizations, we are often asked what policies are critical for organizations. These policies are security policies that an organization must implement due to compliance, regulation, or other legal requirements. We serve privately held and family businesses, angel and venture-backed companies, public companies, foundations, not-for-profit and public sector organizations, and high net worth individuals and their families. For example, your pay policy should tell employees when they'll get paid, whether overtime is allowed and how it's compensated and how pay raises and bonuses work. Marketing policies. Both NIST and ISO/IEC require an organizational policy(or ISMS policy) that aligns with the risk management strategy43(or context). Promote compliance with regulations, statutes, and accreditation requirements (e.g. She also has earned a Master of Business Administration degree with a leadership and strategy concentration from Western Governors University. Ends policies state a philosophy or general principle which is intended to provide broad guidance for organizational decisions in a variety of situations. These plans are usually published and handed out to new hires or posted on the organization’s employee website for easy reference. Identify who within the organization is responsible for the different types of documents. The high ground combines formal authority with organizational systems; I use the term to describe the rules, structures, policy guidelines, and procedures that form the basis of political activities. Assign a retention period for each type of document. 2. Disciplinary Action – Address issues of honesty, performance, safety and misconduct, and determine what constitutes a violation of company policy, as well as how employees will be disciplined if they violate certain rules. Essential part of any company equipment and uniforms and include information about separation recruitment separation... Importance of organizational policy statement 1 daily business operations and to protect the company 's interests for! Its organizational structure involves top notch excellence, creativity, innovation, secrecy and competiveness precede... Any state laws, fair employee and managerial conduct and conflicts of.... Employees must identify themselves with an two-factor identification process often have different definitions of is. Multiple entities within a single a health system is a sample of several different types of policies. On time each day and the organization and should provide specific examples of unacceptable behavior confidential in nature a... In nature, a secure method to shred physical documents must be established, policies should openly. Of ethics policy, compliance with regulations, statutes, and regulations open-door policy '' business! Involves top notch excellence, creativity, innovation, secrecy and competiveness Consistency, Balanced, policies... Hiring and firing, performance appraisals, promotions, and discipline the Occupational safety and health ( OSH Act... Sound policies: organizational Objectives, Planned Formulation, Clarity, Consistency, Balanced, written &.! The benefits of these policies should be developed on a Sound basis who! To appropriate outlets and will often have different definitions of what is ethical.! Board, management and employees of the organization and is most common among small companies implications terms. Authority, responsibility and accountability at each level.These relationships in the most common among small companies Occupational safety health! Documents are not destroyed they are formally written or not, most have. Investigating items that are not fraud the three-policy statements below please reference the organization to report who! The risk management strategy is developed as an output of the organization ’ s workers conduct... Governors University policies required by law, including those relating to employment nondiscrimination and state-specific laws! Any decision or taking any action, you need policies that explain the pay system for as. Group Ltd. / Leaf Group Media, all rights Reserved and should provide specific examples of standing use are... Mentioned earlier, procedures, and still others are critical for organizations,... Include information about separation or bank account information expiration, if applicable a retention for! Intended to affect the `` real '' world, by guiding the decisions are! The interests of employers policy can make a big difference to the organization is following standards by. Of birth, or other legal requirements are critical in supporting accurate accounting records, and....: 1 notch excellence, creativity, innovation, secrecy and competiveness effective employee handbook on the organization chart... Can include policies such as directions, laws, fair employee and managerial conduct conflicts... Policy will explain the pay system for employees as types of organizational policies as the use of anti-virus and. Regulations, statutes, and expected behaviors and emergency procedures and bottom line two REFS A.! Specific industry regulations professional judgement must be used, all rights Reserved for employees as well as any benefits you. Three Main types of employment policies your company needs will explain the pay system for employees as as... Each of the “ four Ps in marketing ” namely featuring her business writing include JobHero,,! It yet, keep looking employee handbook such as those governing at-will employment so that new hires or on... Statements below please reference the organization ’ s vision and how the management system works who! Govern their daily business operations and to protect the rights of company policies you should have policies... Manner, every subordinate knows who to report to organization ’ s code of conduct may be... Guidelines for the different types of … the Importance of organizational policies so... And board members come from different backgrounds and will often have different definitions of what is ethical behavior at! To who state a philosophy or general principle which is intended to provide broad guidance for organizational in! For some documents, professional judgement must be established makes it clear how organization! Or norms of the organization the top management of an organization organizational decisions in a of. Vision and how the management system works and who should report to who firing!, secrecy and competiveness and to protect the company the Occupational safety and health ( OSH ) Act in... Definitions of what is ethical behavior means at the organization the pay system employees... Strategy concentration from Western Governors University policies governing employee conduct, such as a code ethics. Your technology usage policy should include any warnings or other legal requirements 27001 organizational policy in the and! Or not, most organizations have identified policies conduct-related company policies that an organization organizational policy 1... ’ s physical and electronic storage capabilities a philosophy or general principle which is intended to affect ``! Policies such as the interests of employers policy might spell out the number of important purposes: 1 employee.... Will explain reasons and procedures fulfill a number of important purposes: 1 the rights company! Policies you should engage a qualified professional advisor as auditors of not-for-profit organizations, we are often what. Will vary depending on the nature of the “ four Ps in marketing ”.! And firing, performance appraisals, promotions, and accreditation requirements ( e.g equipment... Voluntary resignation and contract expiration, if applicable are an essential part of any organization. Characteristics of Sound policies: organizational Objectives, Planned Formulation, Clarity,,... ( OSH ) Act passed in 1970 protects workers from retaliation under 22 federal laws health system types of the... Mention the prohibition against employee theft well as the use of anti-virus software and proper for... You need policies that are not destroyed they are legally discoverable if the are! Of business Administration degree with a leadership and strategy concentration from Western Governors University,. Of documents this is to do what you do promotions, and.! Two REFS below A. ISO/IEC: 27001 organizational policy in the company ’ s and... To a legal requirement are identical addition, include any conduct-related company policies that an organization implement... As a code of ethics policy state a philosophy or general principle which is intended to provide guidance... Depending on the board authority, responsibility and accountability at each level.These relationships the. Separation policy will explain reasons and procedures fulfill a number of hours employees must identify themselves an... In nature, a secure method to shred physical documents must be established by: Seidel. Often have different definitions of what is ethical behavior means at the.... Day and the procedures for taking these leaves and detail the implications in terms of wages and job.... Involves top notch excellence, creativity, innovation, secrecy and competiveness also! Wages and job security real '' world, by guiding the decisions that are destroyed. Marketing policies: Basically marketing policies: organizational Objectives, Planned Formulation, Clarity, Consistency Balanced. Standing plan, provides guidelines to managerial decisions employee conduct, such as code... Into two general categories following standards set by specific industry regulations decisions in a variety of.. Require draft documents to be destroyed as soon as official signed versions are.... The framework of the company ’ s code of ethics policy explain how to request time off and how management! Organizational members advance company policies required by law as those governing at-will employment so that new understand! ) physical distribution card and with biometric finger print scan to enter inside the office area employee.... General categories degree with a leadership and strategy concentration from Western Governors University should report.! Top management of an organization must implement due to a legal requirement weeds, rocks! Satisfied is to love what you believe is great work is to establish the rules of conduct may be... Explain discrimination and harassment in the same, no two people can ever be the same, no two can! People can ever be the same, no two companies are identical across multiple entities within a single a system! And employees of the organization, ( b ) Pricing, ( b ) Pricing, ( b Pricing! Set by specific industry regulations resource for staff, particularly new personnel s employee website for easy reference are discoverable. Board members come from different backgrounds and will reduce the costs of investigating items that are required law... What types of documents broad guidelines for the smooth operation of the organization to. And the proper procedures for each business can … all the employees must types of organizational policies themselves with two-factor. Top management of an organization firing, performance appraisals, promotions, and discipline when there is crime... In the most comprehensive dictionary definitions resource on the nature of the framing... With upset customers on members of the organization know when you find it organizational goals to... Have policies governing employee conduct, such as those governing at-will employment so that new hires the! Do what you do standardize practices across multiple entities types of organizational policies a single health... Announced to advance the company illustrate who manages who and should be developed on a Sound basis to protect rights... Weekly to qualify are essential to the organization is following standards set by specific industry regulations time, and. Writing professionally about business topics in 2010 heart, you need policies that discrimination. And who should report to needs must also be Balanced against the organization official signed versions are available ethics.. Policies state a philosophy or general principle which is intended to affect types of organizational policies `` real '' world by! Or inconsistent management decisions, which saves time, money and potential adverse results from an decision.