The document outlines operational principles and business standards for a company's operations department. It establishes minimum standards for conducting business and conveying corporate values to internal and external stakeholders. It also sets forth guidelines for supplier and vendor selection. The COO will be accountable for implementing the principles and monitoring compliance, with audits conducted by the CFO group. Annual reviews will ensure the standards remain responsive to changing business needs.

1. Operational Principles
and
Business Standards

2. Set forth the minimum standards by which Operations will operate and
conduct business. These Operating Principles cover: supplier Selection
Guidelines, set forth the minimum standards by which Ops expects all of
its suppliers and contractors to operate and adhere.
There are common threads among all our departments; i.e commitment
to safety; a commitment to running our departments honestly and
ethically according to the principles outlined in the Good Manufacturing
Practices with the objective of being a superior employer. And, we want
tenant partners who share our same values and goals.

3. Business Standards
Supplier & Vendor Selection Guidelines
Business Standards
Operational Supplier Selection
Principles Vendor Guidelines

4. Operations
Rationale
• Establish minimum standards by which to conducts business at
all locations.
• Convey corporate values, goals and commitments to internal
and external stakeholders.
• Limit vulnerability to criticism and embarrassment arising from
business conduct.
• We will uphold all regulatory and compliance standards

5. Operations
Assumptions
• COO will be accountable for implementation of Operational
Principles and Supplier and Vendor Guidelines, and for
monitoring compliance of Business Standards for Ops function
• Internal monitoring initiative will be challenged and managed
by an CFO audit group.
• All efforts will be made and ultimately be held accountable to
correct out of compliance plans

6. Issues that might be addressed by
Operational Principles
• Ethical Practices • Employment and Employee
• Laws and Regulations Training and Development
• Environment • Employee Recognition,
• Community Relations Empowerment and Treatment
• Corporate Contributions • Hours of Work and
Employment
• Political Activity
• Compensation and Benefits
• Communications
• Working Conditions and
Workplace Safety

7. Business Standards
Supplier & Vendor Selection Guidelines
Planned Actions
• Provide communication tools to al Ops management as needed
to ensure effective communication with all employees and
effected departments .
• Annually review Operational Principles and Supplier Guidelines
to ensure each item is current and responsive to ever-changing
business demands
• Conduct periodic audits of owned Operations to ensure
compliance.
• Report results of monitoring and compliance to CEO
• Take necessary corrective action