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Importance of Policy Management

“With the economy as bad as it is, we really can’t afford to spend the money on new products for training our employees right now.”

The above statement is something I hear constantly. Not verbatim, but basically the same idea; even if the last part of it isn’t completely relevant to a specific situation, there is undoubtedly some part of everyone’s life that the United States’ economic downturn has affected – just replace “new products for training our employees right now” with whatever it is that applies to you. Maybe it’s “a family vacation” or “a better car”. And with all the layoffs around us lately, showing up and doing our jobs isn’t good enough anymore. Nowadays, it’s no secret that we all have to go that extra mile – coming in early and staying late, taking fewer coffee breaks, and edging out our competition – to secure a permanent place in our respective departments. It’s happening to all of us, and it’s inarguably unavoidable.

In a day and age where, for many individuals, their paychecks’ final destinations are planned out weeks in advance to get the most bang for their buck, the last worry on managers’ minds is training and policy management. Compliance has taken a backseat to getting the job done as quickly as possible – and in the cheapest way. Do you hear tons of people say, “Oh, because of the economy…” and ads on the radio trying to pitch their sales through their low prices due to “the economy”? It’s almost as if talking about the terrible economy has become a trend in the past couple of years, and individuals and corporations alike are finding it easier and easier every day to blame their monetary tribulations on the less-than-successful American market.

 

 Photo Credit: Matt Collins

But can we really afford not to have the best possible policy and procedure management methods for our companies? You may be thinking, “I have the paperwork we need and it always gets signed off on eventually.” But this method, similar to coming to work on time and doing our jobs, just doesn’t seem to be enough anymore. At a major Arizona police department in June 2009, many officers weren’t following the department’s immigration policy. The policy wasn’t enforced the way it should have been, and led eventually to a major violation resulting in a lawsuit, costing the organization much more money than it needed to pay and putting its entire name and reputation in jeopardy.

Shouldn’t we do the best we can to ensure all our employees are following and signing off on every policy so something like this doesn’t happen to us? It isn’t just about the lost money – saving face, especially in a time of economic downturn, is just as important as, if not more important than, saving cash. I can tell you first-hand from working for a successful, customer-service-focused retail chain that having a solid reputation is priceless. You will, inevitably, spend more time and money righting something that shouldn’t have been wrong to begin with, while your reputation still suffers the long-standing consequences. Plus, you’re most likely already very busy – think of how else you could spend the precious time and resources within your department by not doing so to save your company’s name.

There’s one specific goal I think we can all agree we’d like to achieve within our respective compliance departments: to simplify our policy and procedure-management experience, while saving as much money as we can (www.powerdms.com). At IDS, we can show you how to take the hassle out of managing drawers and file cabinets full of stacks and stacks of paper, providing a simple way for your company to limit liability, reduce compliance risks, and retain a positive reputation. At the same time, you’ll be able to produce documents more easily (in auditing cases and to provide more clout in court) – and save money! We want to help you ensure every single one of your policies is read and signed on time, every time. Gone are the days when a paper binder was enough to keep order; liability is something many agencies can’t afford to endure. Maybe it’s time to take the next step forward.

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About the Author

Jen Juneau Picture

Jen Juneau graduated in 2007 with a bachelor’s in technical communication and a minor in magazine journalism, as she enjoys both instructional and creative/editorial writing (and often at the same time). She has worked professionally on a variety of both types of content for almost five years, and appreciates the tools the English language gives her to create succinct-yet-engaging information. She believes effective communication is the only grease most conflict wheels are really missing.

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