What is the likely consequence of a company not adhering to established policies?

A company that does not adhere to established policies exposes itself to various risks, particularly financial and legal ones. Policies are put in place to ensure compliance with laws, protect the company’s assets, and promote ethical conduct among employees. When these policies are ignored, it can lead to violations of regulations that result in legal actions, fines, and penalties. Additionally, poor adherence to internal procedures can result in financial mismanagement, which further jeopardizes the company's stability and reputation.

In contrast, adherence to policies fosters consistency, accountability, and trust within the organization, which are essential for maintaining a solid operational framework. Legal compliance not only safeguards the organization but also reinforces a culture of responsibility and integrity among employees, ultimately benefiting the company's long-term health.