Abstract:
The Nature of Policy and its Value Personnel policy is a declared mode of action for the future. It should be concerned with the future rather than the past. The objective is to set a frame work, within which other people operate, using their own decisions. It is not the same as a set of instructions, wich are much more precise, allowing little discretion. When the policy is set up and commonly known, it is likely to be criticized and undermined by opponents, so managers are often reluctant in making statements of policy on certain matters.