Effective business strategies are essentials for a business’s success. Maverick Mentoring helps Entrepreneurs and Business Owners with business strategies that will accelerate the
Success of their business.
From the many different ways of conducting business activities; organisations have come up with different sets of policies and systems to help guide their own decision-making process. These policies and procedures are sometimes spoken words however, they should be written down and recorded. Nevertheless, their effects stay the same, guiding and determining all activities concerning the business.
Well-written policies and procedures can help boost organisational accountability and transparency, and act as indispensable factors for quality assurance and quality improvement programs.
Developing Policies
Policies are built around what the business owner consider to be the ‘heart and soul’ of quality of the organisation i.e. the key determinants of quality for the business. These key determinants are derived from many sources, such as organizational values, government legislation, benchmarks or customers and stakeholders’ comments on the service quality of the business.
Putting a strict focus on this process of collecting information and generating key determinants of service quality can help businesses to establish useful and meaningful policies that can act as leverages for them later on.
In the end, policies will be created and assembled into one policy manual that will guide the behaviours and actions of everyone within the organisation. A policy manual that is considered good should maintain a strict focus on the business’s key determinants of quality and document approximately six to a maximum of ten principles that provide guidance regarding staff members’ interactions with the business’s stakeholders and other interested parties.
Developing Procedures
To implement a policy within an organisation, a procedure must be created. Procedures are made based on established policies and stated clearly what must be done to execute those policies. While a policy might have some kind of discretion in it, a procedure discloses specifically what needs to be done in what way and exactly the personnel who will take charge of executing those events.
Another different point between a policy and a procedure is that, while a policy can only be presented through written words, a procedure can be conveyed via either the written word or pictorial means such as flow charts or photographs. All procedures will be compiled and turn into a procedure manual that will act as a guide for management and improvement within the scope of the business.
How Maverick Mentoring Can Help You
The amount of policies and procedures might differ from one business to another but it is important that businesses should have at least something similar to them in order to succeed. Maverick Mentoring offers help to Entrepreneurs & Business Owners to help them setting up suitable policies and procedures that could deliver the greatest impacts possible to their clients and create sustainable success for their business.
Need help with business strategies for success? Contact Maverick Mentoring NOW via 3 9005 8275, and receive a FREE 1-on-1 business consultation tailored specifically for you and your business.
