In your opinion, what is a wise policy ?

a wise policy is which can help to organaise the organization in the best manner with high efficiency and effective.

In my opinion, i think that a "wise policy"  is one which effectively & efficiently accomplishes or achieves the purpose for which it was set, developed & impemented in that regard.

Thanx for the invitation mr.Nadjib

In general, I think honesty is the best policy because being honest will give you mental peace.

 Thank you.

The strong environmental policy and human care 

There are several wonderful answers herein already from great professionals, nothing to add

A policy is meant to give guidance and direction towards set goals for any form of entity. A wise policy fully achieves the reason why it has been adopted in the most effective and efficient manner. A wise policy entails that due process to the development of a policy is followed, and is only adopted when all the tests and trials have been carried out and certainty is set that it will attain that for which it has been set. A wise policy is of strategic importance.

A wise policy has calculated reasons. There must be a justified reason why we specified a certain point as such. Each point must take into account all the other aspects that are affected as a result of that policy. Wise policies are not created because of "feelings" or "sounds good", but are well thought out, calculated and experimented with. They are finally implemented and followed through until challeneged with justifiable material.