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How to develop board guiding policies

Policies are a crucial part of running an organisation and its board because not only do they provide a work plan for daily operations, but they also ensure compliance with laws and regulations, guide decision-making and form efficient internal processes. 

But before we get into all of this, it’s important to first understand what exactly policies are, why they’re important and the best approach when it comes to developing board guiding policies. And, a Board and Operational Governance Policy Suite is a great place to start. 

This document should contain all the important, and often required information and steps that will help the organisation comply with responsibilities and regulations, from funding to legal to governance. 

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