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POLICY AND PROCEDURES FREQUENTLY ASKED QUESTIONS
WHAT ARE P&PS?
P&Ps (Policies & Procedures) are the recipe that can influence how well your enterprise will function. P&Ps spell out the expectations that the combined group has for its staff, owners and affiliates. In many ways the P&P’s are the complete "rule book" defining appropriate behavior and performance over time.
WHY DO I NEED P&PS?
You, Your Clients and Your Allies already have P&Ps even if they have never been formalized.
This fact can be a stumbling-block to advancement.
Well written P&Ps can serve many critical functions, including:
- Clarification of expectations for interaction
- Guideposts for behavior
- Protection of Intellectual Property and company secrets
- Aid in recruiting, sustaining and training talent
WHY DOES OUR GROUP NEED P&PS?
For all the reasons above plus a means of keeping Clients and Allies closer to you in securing advice and support.
By example: In 2007 the EEOC (Equal Employment Opportunity Commission) reported companies paid out $378 million in decision suits. EEOC received 82,792 complaints that year. With review of local counsel, having clear EEOC-related policies in place can help demonstrate your intentions to protect those around you in a tangible form.
WHO HAS FORMALIZED P&PS (IN WRITING)?
Many groups of many kinds, but it would appear that at the small to mid-sized enterprise level a vast number rely of "Common Understanding."
ARE P&PS DIFFICULT TO DEVELOP?
No. The Regis Group, Inc. (TRG) provides a comprehensive set of P&P’s divided into function sections that are systematically numbered to be suitable for many to use with little or no modification.
ARE P&PS APPROPRIATE FOR SMALL, SINGLE OWNERSHIP ENTERPRISES?
Yes. In the past the perception of P&Ps was that they were a "necessary evil" for large groups. As the prospect of growth for smaller enterprises increases, the need for P&Ps becomes significant.
P&Ps make it easier for individual owners to swing away from operating the business, to focus on developing an expanded business, knowing that someone else is "in charge" of helping the enterprise work smart, smoothly and fairly.
At the same time, major enterprises that have not solidified or measured long-standing methods into up-to-date P&P’s will benefit from this systematic approach to so much that might have been left to ‘common understanding’ over time.
ARE P&PS EXPENSIVE TO ENGAGE?
No. Through our Licensors, TRG can license a set of P&Ps, combined with a set of connected forms for under $1,000 (US$). TRG is prepared to licensors with the chance to offer this product to clients / members / allies on a ‘fee-shared’ basis with TRG that can be a significant profit center for you.
Now you can provide your members, clients and allies a much needed benefit while generating income for your group!
HOW CAN I GET MORE INFORMATION?
Call The Regis Group, Inc. (TRG) at 703.777.2233.
POLICY AND PROCEDURES | CONVERTING YOUR CAREER | LEADERSHIP TOOLS
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