What Is the Purpose of Policies and Procedures?

By Staff WriterLast Updated Apr 1, 2020 12:35:58 PM ET

Policies and procedures are a means for businesses and other organizations to formally set out what they intend to do and the means by which they will carry out the stated objectives. Carefully considered and correctly implemented policies and procedures reduce the risk of an organization making errors or failing because of a lack of focus.

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