Understanding Policy Formulation: What Should You Consider for Your Organization?

Dear All,

I came across this article on policy formulation, which I am sharing. Please note that this may be used only as a guide since policies are organization-specific, and the context in which the policy works is very important. Formulating a policy requires a good understanding of organizational needs, business needs, and people's needs. A variety of stakeholders must be taken into account. Furthermore, consequential management must be given due thought while implementing the policies.

Regards

Here it is....

Regards

When writing, consider how the legislation affects your organization and how to implement the changes or policies needed to comply with the legislation. Most legislation will affect businesses in some way, even if it is just in a minor area. In most cases, this will mean an update to an existing policy or practice that is already in place. In some cases, it may require a whole new policy written specifically to meet the legislation.