Sands & Company
Delivering excellence in Accounting, Taxation, and Consultancy services with integrity and expertise.
Policies are guidelines established by an organization to direct its actions and decision-making. They set the boundaries within which decisions should be made. Business policy also addresses the acquisition of resources necessary to achieve organizational objectives. It involves the study of the roles and responsibilities of senior management, the key factors influencing organizational success, and the decisions that impact the long-term direction of the organization.
A process is the method or pathway to achieving a goal, guided by the organization's policies. Once policies are established, the process involves creating a roadmap for implementation. It includes identifying the tasks required to meet the goal, breaking down the process into milestones and achievements, and assigning responsibility and accountability to individuals for each task. By capturing the output of each activity, the process ultimately leads to the successful accomplishment of the goal outlined in the policy documentation.
The combination of creating policy documents and executing them through well-defined processes to achieve desired results is known as Policy and Process Implementation. A growth-oriented organization cannot thrive without a robust framework of policies and a systematic approach to their implementation. This is an ongoing activity, often requiring trial and error, with opportunities for improvement at every stage.
Simply enacting a policy does not guarantee its success. Additional steps are often necessary to ensure effective implementation, which can increase the chances of achieving the intended outcomes. The implementing organization and stakeholders may need to:
"Set the Goals and Objectives of the Organization
Prepare the Policy Documents and align with objectives
Create process and align with technology and human resources in Organization
Implement the process, output of which is the achievement of desired objective.
Check the Output, compare with desired results, and find out reasons
Re visit, Improve and Re implement
As a united team, we are stronger. We assist in designing the policies and establishing the processes necessary to achieve your organization's objectives. Additionally, we support you in implementing these policies and procedures, with ongoing monitoring and continuous improvements to ensure success.
Delivering excellence in Accounting, Taxation, and Consultancy services with integrity and expertise.