Friday, September 30, 2011

Policies..we don't want no stinkin' policies (1 in a series)


That's our policy, you hear it and you want to scream - I'm a person not a policy", but policies can be your best friend as a small business owner or executive. Think of policies as problem-solvers. In fact they are a "time-travel" solution to problems. You can solve a problem now that might not pop up for 5 years. Really. It's like having Spock or Scottie at your side as you go when no Man or Woman has gone. For those of you younger than the Star Trek generation - use your Firefly analogies. (Okay maybe LOTR or Harry Potter would be more generationally in tune)

With policies in place, you can resolve issues that you presumed, would NEVER happen, and then a few months later --- the never-gonna-happen-issue is square in your face. Well, probably a person is square in your face, or a client, or a customer, or even an employee - but you have thought this through and because you have a policy and a POLICY MANUAL, you're prepared.

If you are member of a peer group, or belong to an association, Widget Manufacturers of America, for example, that has expertise with your business you may be able to draw on their knowledge for a Policy Manual. You can read and adapt these for your own company.

At some point in your business dealings I can almost guarantee that your clearly defined policy manual will save you sleepless hours and (I can hear the sighs) save you money. Small business is rebooting during our "Great Recession", and that money that is better put toward promoting you and your product or service.

We will give examples of various policies that you might want to think about including in your "Time Travel" manual. And look forward to hearing from you about how policies helped you, your company or averted a potentially negative situation.

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