Effective policies are comprehensive, understandable, and enforceable. They should be: 1. Clear and Concise: Avoid ambiguity to ensure everyone understands the rules. 2. Aligned with Organizational Goals: Support the company's long-term objectives and strategic vision. 3. Consistent: Apply uniformly across the organization to prevent any perception of favoritism or bias. 4. Regularly Updated: Reflect current laws, industry standards, and organizational changes.