What is the purpose of reviewing existing policies and practices against strategic objectives and what other factors should be considered when undertaking such a review?

The purpose of reviewing existing policies and practices against strategic objectives is to ensure alignment and effectiveness in achieving organizational goals. This process helps identify gaps, redundancies, or areas for improvement, ultimately enhancing overall performance. Additionally, when undertaking such a review, it’s essential to consider stakeholder feedback, regulatory requirements, resource availability, and emerging trends that may impact the organization’s strategy.