This document provides guidance on creating an effective social media policy for a company. It defines what a social media policy is and why companies need them to protect themselves, employees and customers. It lists different types of social media policies and offers templates. It also gives principles for appropriate social media use called the "5Rs" and advises checking laws regarding social media. The document provides many resources for creating policies like templates, checklists, and advice from experts. It aims to help companies draft comprehensive yet clear social media policies.