1. Goal-oriented: Business policies are designed to help achieve the overall goals and objectives of the organization.
2. Consistent: Policies provide a consistent framework for decision-making and actions within the organization.
3. Flexible: While policies provide guidelines for decision-making, they also allow for flexibility in implementation to adapt to changing circumstances.
4. Clear and concise: Policies are written in a clear and concise manner to ensure that employees understand the expectations and guidelines set by the organization.
5. Communicated effectively: Policies are communicated to all employees to ensure that everyone is aware of the guidelines and expectations.
6. Enforceable: Policies are enforceable rules that outline consequences for non-compliance.
7. Reflective of organizational values: Policies are reflective of the values and culture of the organization, guiding behavior and decision-making in line with these values.
8. Reviewed and updated regularly: Business policies should be regularly reviewed and updated to ensure they remain relevant and effective in achieving the organization's goals.