How are objectives and policies related in management?

How are objectives and policies related in management?

HomeArticles, FAQHow are objectives and policies related in management?

The objectives are the goals and the policies are the ways to achieve them. The objectives are the end points of planning and policies prescribe the broad ways for achieving them. A policy gives guidelines and leaves scope for interpretation for the person implementing them. This means that a policy has the flexibility for interpretation.

Q. How are policies framed at the management level?

Q. Who introduced the principle of policy making?

Harold Lasswell
Even if the ideas come from outside government, the creation of policy falls to public officials. Harold Lasswell, an important figure in the development of policy sciences at the University of Chicago and Yale University in the 1950s, created a policy making model still used today.

Q. What are the principles and practices of policy development?

Stages in policy development

  • Identify need. Policies can be developed:
  • Identify who will take lead responsibility.
  • Gather information.
  • Draft policy.
  • Consult with appropriate stakeholders.
  • Finalise / approve policy.
  • Consider whether procedures are required.
  • Implement.

Q. What are the principles of public policy?

The Principles of Public Policy

  • Personal Utility and Welfare.
  • Collective Utility and Welfare.
  • Welfare Economics.
  • The Role of the State.
  • Utilitarianism: Theory and Applications.
  • Utilitarianism, Justice, and Equality.
  • Contractarianism.
  • Communitarianism. PART III ECONOMICS AND POLITICS.

The adoption of the following principle make for sound and effective policy making: 1. The policy statement should be definite, positive clear and understandable to every in the organisation: Policies must be applied with proper understanding and judgment. They must be capable of being easily understood.

Policies should be framed by the participation of persons at various levels of management. If policies are framed at top level without knowing the views of those for whom these are meant then there is likelihood that policies may not achieve the desired results.

Q. How does a policy work in an organization?

Policies acting as principles provide rules of action for achieving organization’s specific objectives. The coordinating links in the organization are provided by policies. They govern and guide the actions of an organization’s overall performance and its objectives in the various areas of operation-production, finance, marketing and personnel.

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