The Principles of Policy Management: High-Performing
Are your organization's policy management capabilities designed to fit your organization and its objectives? Today’s organization is dynamic and constantly changing. An agile policy management process enables a high performing organization as policies remain contextually relevant to the needs of an evolving business. In OCEG’s Policy Management Capability Model, it outlines 10 universal principles of policy management - the fifth being high-performing.
“It must be supported by resources to ensure high performance and embedding of policies into the culture of the organization,” the Model states. “Policy management needs to be effective, resilient, efficient, and agile in the organization.”
A high-performing policy management function is:
- Agile keeping policies current in context of regulatory and risk change.
- Relevant to the needs of a changing business and the roles of employees.
- Monitored with policy management performance and risk indicators to ensure the program is running efficiently and effectively.
If you'd like to stay up to date with policy management best practices, industry insights, and key trends across governance, risk management, and compliance, check out Policy Management Pro . Policy Management Pro is where organizations can learn principles and practices you need to support your organization, receive training from the experts on how to become PROficient at Policy Management, as well as earn and maintain a CPMP (Certified Policy Management PRO) designation through our Rapid Path to Certification™.
The Policy Management Capability Model is an effective resource to leverage policies to protect your organization. A well-documented set of policies and training helps the organization to prevent compliance violations, manage risks, and reduces management time and effort. The Policy Management Capability Model is a free and open-source standard for Policy Management. It was developed by OCEG and vetted by a review board of skilled policy management professionals to help your team build a framework to manage risks and meet requirements.
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