2021-01 January – Policies, Procedures, and Processes – What Does the Board Need to Do?
Your Board is responsible for everything that goes on in your institution. However, the Board hires management to carry out the day to day duties. Most institutions have more policies and procedures than are required. Additionally, most policies contain too many details and are actually ineffective. Policies are used by the Board to explain the “What” and the “Why”. Procedures should then be developed by management to carry out the “Who, Where, When and How” of these policies. Complete this course to help you understand what policies are required and how much detail (or little) they should contain.
– Creation, Detail, Review, Approval and More.