Dear Amrish,
Policies are made by the HR, Finance, and Marketing Personnel and are approved by the top management and the Board; they should not be expected to frame micro-level policies. Managers are recruited to act as the eyes, arms, and brain of the top management. You can expect broad, macro-level policies from the top, not micro-level ones. In fact, unless managers show initiative, no policies can be framed, and the company could sink like a ship at any time.
You all collectively need to show initiative, engage in work that goes beyond generalist duties, and strive to earn a place of respect in the eyes of top management. Propose a policy for delegating power, not just for yourself but also for your colleagues, by convincing top management that delegation can lighten their heavily centralized responsibilities.
Since you may encounter this situation in many companies you apply to, would you flee from such positions every time? Take on challenging tasks like streamlining processes and powers to enhance your CV with achievements. Don't just be satisfied with general duties like reviewing CVs, handling recruitment, postings, and transfers, or issuing leave memos.
Don't be disheartened. Make efforts to earn respect within your current company unless a better opportunity arises. When you can demonstrate your value, top management will be proud to delegate more responsibilities to you. Ultimately, you can gain recognition and be known as an efficient manager, leading to better offers from other companies.
P. S. Dhingra
Vigilance & Management Consultant
Dhingra Consultancy Group
New Delhi
Email: dcgroup1962@gmail.com