As a young company why do I need to worry about Standard Processes and Procedures?
Just like good habits inculcated at an early age go a long way, standard procedures followed from the inception help discipline a company. Standard procedures help avoid the risk of fraud, errors and give a sense of direction to the employees thus helping them to optimise their output. Of course as the company grows, or changes its strategies, processes would have to be reviewed to establish their relevancy.
