M2: Learner Manual
2. What is Policy?
2.2. What do Policies do?
Policies are the ‘bread and butter’ standards that help to ensure consistency and accountability.
They:
· Serve as a tool of governing control.
· Act as frameworks for future direction and strategy implementation.
· Set boundaries, constraints and limits on action.
· Reward and sanction behaviour.
· Indicate what staff can expect.
· Reduce the chance of inconsistent, unfair or erratic decision making.
· Enable reliable delegation of powers to management and staff.
If the governing body is not developing and enforcing policies, it is not doing its job for the organisation.
A well-developed governance framework (documented in a written policy manual) benefits the nation and community, as well as the organisation.[1]
Policy must be developed in accordance with:
· The Constitution of the organisation.
· The Strategic Plan.
· Legal requirements.
· Requirements of any relevant funding bodies.
· Operational requirements of the organisation.