What is a Policy Strategy?
A policy strategy is a set of planned initiatives and actions that guide an organization in developing, implementing, and enforcing policies, guidelines, and procedures. It is a comprehensive plan that outlines the objectives, actions, and measures to be taken to effectively manage and enforce company policies. The goal of a policy strategy is to ensure that all employees are aware of, and in compliance with, company policies that are in place.
What's included in this Policy Strategy template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the Policy Strategy template for?
The Policy Strategy template is for organizations of all sizes in various industries. It is a comprehensive template that outlines the steps to create a strategy to effectively plan and execute their policies, guidelines, and procedures. It is designed to help organizations create a structured plan that outlines their objectives, actions, and measures to ensure compliance with their policies.
1. Define clear examples of your focus areas
A focus area is the broad area or topics that you want to address with your policy strategy. This could include areas such as increasing policy adherence, enforcement, or communication. Once you have identified the focus areas, you can drill down and define objectives and actions that need to be taken to achieve your policy goals.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that need to be achieved to reach your policy goals. Each focus area should have multiple objectives that should be measurable and attainable. These objectives can be broken down into individual actions and measures to ensure that the objectives are met.
Examples of some objectives for the focus area of Increase Policy Adherence could be: Increase policy adoption, and Increase policy understanding.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are specific measurable targets that need to be achieved in order to reach the objectives. These targets should be set in a way that will help to track and measure progress towards the objectives. KPIs should be realistic and achievable and should be tracked on a regular basis.
An example of a KPI for the focus area of Increase Policy Adherence could be: Increase policy Awareness by 10%.
4. Implement related projects to achieve the KPIs
Projects (or actions) are the specific initiatives that need to be taken in order to achieve the KPIs. These projects should be well-defined and should be broken down into smaller, achievable steps. These projects should also be clearly linked to the KPIs and should be tracked to ensure that progress is being made.
An example of a project related to Increase Policy Adherence could be: Increase policy awareness.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
The Cascade Strategy Execution platform allows users to easily create, deploy, and monitor policy strategies. It provides users with a comprehensive suite of tools to help them create, measure, and track their objectives, actions, and KPIs. With Cascade, users can easily see the results of their policy strategies in real-time and make necessary adjustments to ensure success.