Policy &
Contract Governance

A policy is a predetermined course of action, which is established to provide a guide toward accepted business strategies and objectives.

Business
Support Solutions

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Policy & Contract Governance

A policy is a predetermined course of action, which is established to provide a guide toward accepted business strategies and objectives. In other words, it is a direct link between an organisation’s ‘Vision’ and their day-to-day operations. Policies identify the key activities and provide a general strategy to decision-makers on how to handle issues as they arise. This is accomplished by providing the reader with limits and a choice of alternatives that can be used to ‘guide’ their decision-making process as they attempt to overcome problems. From policy, procedure is to provide the reader with a clear and easily understood plan of action required to carry out or implement a policy. A well-written procedure will also help eliminate common misunderstandings by identifying responsibilities and establishing boundaries. Good procedures allow businesses to control events in advance and prevent all involved from making costly mistakes. You can think of a procedure as a road map where the trip details are highlighted to prevent a person from getting lost or ‘wandering’ off an acceptable path. Policies and procedures are required when there is a need for consistency in your day-to-day operational activities. Policies and procedures also provide clarity to the reader when dealing with accountability issues or activities that are of critical importance to the business, such as, health and safety, legal liabilities, regulatory requirements, or issues that have serious consequences.
Contract governance is the ability to set out goals, roles and responsibilities and boundaries for employees and supply chain. It develops stronger relationships, ensures commitment, compliance, and value. Contracts can be staff contracts, or B2B contracts with supply chain, all contracts need to be tailored to our business. To support you, firstly, we conduct a policy and contract review if you have these in place. If not, then we will identify which polices and procedures reflective of your business strategies, goals, and objectives you need to have in place. We then create the policies and contracts you need, ensuring these at a minimum are annually reviewed.