Friday, March 5, 2010

Governance Part 3: Policies

In Part 2, we discussed the Missions, Visions, and Charters, which define a task, lay out an overall strategy for accomplishing that task, and authorize someone to do it. Today, we’ll discuss how policies tell everyone to execute the charter to accomplish the mission that realizes the vision. (If I can make this into a spoof of The Court of King Caractacus, why not?).

Humor aside, a policy is a high level statement from senior management to the enterprise describing how it expects everyone to conduct business.