Bobby,
I have worked with Zamil group. we have plants in ras al khaimah...
our company used to work purely on deliverables, decided with 100% mutual consent, 1 year in advance,
we dint need to mark attendances too.
only a director could sanction to sit beyond office timings or on weekends.
while i was in HCL, we implemented COPC/ MBNQA.
one of the provisions was "coming late and leaving early is not an bane, only unscheduled leaves affect bottomline"
pls elablorate what would you like to achieve through this policy and then i can help you design one