Many business people wonder Why Do We Need Business Policies because to them it is not necessary. But the important thing that we need to know is that there no place that functions well without rules and regulations. Policies may sometimes not favor the business people since they limit them from running the businesses the way they want. However, some policies are for protecting businesses. Therefore, entrepreneurs should not wonder Why Do We Need Business Policies. Business Training in Kenya has more articles.
Why Do We Need Business Policies: Importance of Personnel Policies
Why Do We Need Business Policies can only be answered by looking of the importance of personnel policies in the business. Personnel policy defines the workers’ conduct, organization procedures and the employees’ safety controls. The rules set under the personnel policy help to establish, protect and challenge workers. On the other hand, the businesses are protected from legal action that might occur from employees’ negligence.
Some of the common workers policies include;
- Government defined personnel laws are regulations set by the state and local government. The laws safeguard the employees at work. The some of the personnel laws may vary depending on the type of business for example hotels have health regulations which are not found in motor companies.
- Employee safety protects workers from injuries that they may suffer from the accident that might happen within the work premises. This policy is among those that most of the business owner would ask Why Do We Need Business Policies the reason is because employees’ safety adds extra cost to the business.
- Workers evaluations and disciplinary measures benefits the business because the employees work quality, attitude, personal traits are maintained high for increased productivity.
Why Do We Need Business Policies: Ethics in Business
Why Do We Need Business Policies should also be addressed by considering the roles of ethics in the business. Ethics are rules or policies that must be followed by people who are within the organizations. Ethics should be observed by considering the behavioral conduct of the employees, the employer and the business at large.
Employees are expected to honest, trustworthy, time conscious, respectful, competitive, efficient and productive in every role they have being assigned. On the other hand, the employers are supposed to handle their employees with respect. They should also be honest, diligent and good team leaders.
An organization with workers ethics is able to accomplish its goals in time. Moreover, the company is able to attain a remarkable reputation in its industry. Besides that, the organization attains a competitive advantage and that is when the question Why Do We Need Business Policies becomes answered.
Why Do We Need Business Policies: Advantages of business policies
Why Do We Need Business Policies can only be understood by looking at the advantages polices bring to the business. Firstly, by adhering to the government set rules, the business is able to keep away from the court cases. Court cases will not only damage the business reputation, but cost the business a lot of money.
Secondly, business policies help the business run smoothly without conflict of interest. Every business type understands what is needed for its operation and if the requirements are met then the business is safe to operate.
Work ethics not only improve the relationship among the employees, but also improve the workers productivity. The business is able to gain the competitive advantage in the market.
Conclusion in Why Do We Need Business Policies
If we ask Why Do We Need Business Policies, then we do not understand the importance our businesses can have by following the business rules. Business ethics and the personnel regulation is the main we should consider for businesses. Organizations Regulations bring many advantages to our enterprises that help to answer Why Do We Need Business Policies.