The "What" and "Why"
Policy includes high-level directives and governing principles established by the Executive Board. Policies set boundaries, mitigate risk, and mandate what must be achieved to align with the organization's mission.
Rotary Example: A governance rule stating that the club will maintain a specific financial reserve, or the overarching mandate that all club members and decisions must be guided by the Four-Way Test.
The Rotary Club of Chestermere has formed its own vision. Members came together for a strategic planning event to create an action plan.