If a man has no limbs, he or she won’t be able to work, similarly goes the same for the companies and the organizations. A game is only as good as its rules, and how well we play the game is defined by how well we follow the rules. As, following rules will help you complete your office work in time, leaving with no tensions and worries for the pending work to be completed. So, in order to keep an eye on day to day activity, it is important for all the companies to have proper procedures to be followed by the company as well as the employees. Rules and regulations can help keep workers safe and prevent harm for business and industrial practices. This is true for healthcare workers who have to sacrifice some of the time they have to deliver care to patients â¦ Without business laws in place, companies and manufacturers could potentially sell goods and items that are not functioning or do not do what they are represented to do. It is important because we can servive and live peacefully. These exist at the local, state and national levels, and include things like: Laws about food safety. These are the means securing the proper functioning of all social institutions and mechanisms. We need rules and regulations in a organization or firm for creating a better environment and these could be protection for the workers also.Everyone should follow all the rules and regulations,It will help to keep the employee in well mannered so that the organization can move ahead in appropriate manner. Understand what people do and why they do it: Watch and understand the context to learn if the firm needs what people do, and how you (the manager) might help them improve. The rules and the procedures of the company help in setting the limits which further gives the warning and the caution to the employees as well as the external ones . Provides an edge to compete with the other companies in the market: 19. â¢ Why do they need to know the rules? Free. Rules are made so that everyone is considered equal in the organization. Without rules, the company would be like without limbs. Following rules and regulations help employees understand what is expected of them and what will happen if they violate the rules. Preview and details Files included (2) doc, 62 KB. Some laws are based not strictly on harm or self-harm concerns, but also on â¦ We need rules to regulate all processes related to the interaction of individuals. Whatever activity is taking place within the company, is all covered or one can say the check is maintained on it with the help of the set procedures by the company. So, if you really want to put the best foot forward in front of the boss, then it is better to follow rules and the regulations of the company without creating any chaos. Reasons for obeying rules include aspects of school life like personal safety, peer consideration, academic reputation and â¦ Preview. Extensive experience in Complete Recruitment Life Cycle - Sourcing, Negotiation and Delivery. There are some things we MUST have consistent. Procedure can be defined as a clear step-wise process to implement a policy. Whether it be at the highest court in the land or the laws of driving on the road, rules and regulations can truly be seen everywhere. For smooth functioning of the company: 18. Providing clear response across the organization when dealing with situations, Provides rules for better decision making, Employees will be treated without any bias, Gives communication information to new employees, A perfect method to deal with complaints and other issues, Deliver a clear framework for decision-making delegation, Being defensive against employer obligations, Safety planning and objectives procedures, Performance monitoring and review procedures. And the rules I refer to can be in any form â laws, company policy, rules at home, etc. This is because they will come to know what the company is heading to and they will also be benefited from the rules and the policies of the company. Some of the must-have and important policies which you cannot miss are. A society without laws would have no way to solve the social issues which arrive within their collective arrangement. 12 years of Experience within the International BPO/ Operations and Recruitment Areas. These issues cost companies millions each year. The major criteria in terms of âequalityâ, âparticipationâ, âfairnessâ and ârespectâ should be on the blackboard at the end of the session. Use the below prompts to explore the different parts of rulemaking: â¢ If someone new comes into our class, how do they know the rules? Keeping consumer and employee information private is on the news almost daily with internet breaches happening at the world's biggest organizations. If there would be no rules, everyone would do what he or she wishes to do and more of authority would be there than output. The company works with the authority of rules within it. By this way, the rules help in setting the rules and procedures for the future too. Business laws will take into consideration other aspects of law in general, such as certain ethical and moral practices and the need for certain administrative concerns. So, if you were a rule breaker earlier, then be one to make sure you are now a changed and orderly disciplined person. Loves Writing in my Free Time on varied Topics. So, in order to promote the cooperating environment within the company, it is important for everyone to adhere to the rules and procedures. Also, it attracts many customers. Reinforce them. Like not driving through an... For Sports and Recreation. Unit 8: Rules and Laws: Why do we need rules? Violation of rules can result in diminishing the culture and ethics of the organization. For the company, bottom line is profit. After the manpower, it is the rules which define what type and how the culture of the company goes. In the most basic sense, the benefits of rules and regulations in business are that they protect the company. As the world progresses and advances, there will be even more laws and regulations that are there to protect us and ensure our safety. It will not only bring you out from the chaotic life but also teach many good things in life which will be helpful not only in personal life but also in professional life. Rules tend to bring the vision to life: 13. The rules within the company also set limits for the employees. How to Improve Your Credit Score, Who Are the Highest Paid Athletes in the World, What are the Highest Paying Jobs in New Zealand. Read more. Lack of innovation or inefficiency results in slower production times, thus lower revenues. Happier employees don't call in sick as frequently or come in late. Racial Discrimination at Workplace – How to Avoid? It can seem like a lot of work to create employee handbooks and policies. We learn from family, friends, teachers, and coaches. It reduces product returns and increases profits, because returns, restocking and dealing with unhappy customers comes with a financial cost. Rules provide an agreement of understanding to competition. In simple terms, it is a set of rules defined by the organization that needs to be followed by the employees and employers at the workplace. They enable to avoid chaos. How to Retract a Resignation Letter Easily? If there would be no rules, there would have been a mess all around and no one would know what has to be done and what not. Author: Created by QCDA_Resources. The purpose of legislation is to either restrict or promote a set of habits within society. ; October 2000, Facts on the Relationship Between Employee & Manager. Although every company says itself the best, yet not everyone is the same when it comes to market rating. Eating is one of them. All the rules and laws have the same purpose. So, in order to get an output and to maintain equality, there is a need to follow the rules. Projects a positive image to the customers: 20. If the rules and policies are broken, then it will have a strong negative impact on the organization. We have laws to help provide for our general safety. The first benefit is working with happier, less-stressed employees when conducting business with the company. Company morale has a direct effect on employee performance, as well. Rules, rules, rules! No rules, no ruler or leader would be there and no cooperating environment would be created. During the early stages of the Industrial Revolution, rules and regulations were light. A problem is defined and students generate interpretations of the problem and possible solutions. Rules are established to protect the weaker class in the society since they are at a... Keep the People Safe. Rules govern anything from wearing proper uniforms to how to keep score during games of different levels of competition. Every company needs to have the amiable environment and at the same time, it needs to be stern. So, it is important for all to follow rules and regulations as it will help you to know your limits for working and non-working. Rules are for all and equal. The rules help set a common objective to be achieved by the employees working within the company. By protecting employees, you protect the company from lawsuits. https://online.scu.edu.au/blog/how-rule-of-law-is-important-to-business So, for this reason, also it is important for the employees to follow the rules as set by the company itself. The company’s procedures help in projecting a positive image not just in front of the employees within the company but also to those who are outside the company. No one would go in different directions to attain a goal. The result is less turnover, more teamwork and higher company morale. It makes for a stable office environment where people feel safe to come to work, to be themselves and to go about their business. To promote harmony among the members of the company: 6. This is especially important if you work with dangerous machinery, maneuver heavy equipment or work in hazardous conditions. If your team is following the rules and regulations, this is the first step toward building that bigger public image for success. So every employee in the organization should follow rules. Ultimately, your organization wants you to be successful. Provide employees with awareness regarding expectations, ex: behaviour, performance standards, etc. we have rules; how do we make rules. People want to work and do business with companies protecting their data. When Congress enacts a Federal law, or statute, the law often does not include all the details that explain how people, businesses, or government organizations should Some of the important signs that the organization needs to look regarding their policies and procedures are: Companies nowadays are not just a mere entity but they are more than that. Top 13 Reasons, “What Can you Contribute to the Company?” How to Answer, Can be explained with the help of simple sentences and paragraphs, Inconsistent performance by the employees, No clear plan of action among employees (chaotic situation), Key points are very well included in the policies and procedures, Help the team to clearly understand their responsibilities, Employers can just manage the employees rather than micro-managing, It provides all the required legal protection. By following the rules there is no subordinate and superior. Created: Mar 18, 2011 | Updated: Feb 2, 2012. So, the rules also set the tone of the companyâs culture and if they are followed accordingly, they assist in building a healthy work environment as well; hence attracting more skilled employees. As we have got a good idea regarding policies and procedures, let us have a look at some of their benefits as well. The provision of imprisonment under the criminal law protects society by removing the offender from the community for a designated period of time. Rules and procedures are one thing which makes a company. It is also important to protect the company proprietary data to remain competitive in the marketplace. A proper procedure helps in clearing out all odds and obstacles arising while working on a task to achieve the goal. With more than 15 years of small business ownership including owning a State Farm agency in Southern California, Kimberlee understands the needs of business owners first hand. 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