Build corporate privacy policies with key stakeholders

Developing, implementing, and maintaining corporate privacy policies, procedures, and infrastructure in coordination with key stakeholders. Stakeholders are the people and organizations whose attitudes and actions have an impact on the success of your project or your company.

Commitments to stakeholders:
The privacy policy statement that companies issue to their stakeholder should begin with a position statement from the company on how it is going to protect customer information. Many companies use this beginning point of the policy to explain to customers that their data will be encrypted and kept safe and secure–and that the data will not be sold to others. The company also state that the privacy policy and access to it will always be available to customers and that any time there is a policy change, customers will be notified.

Source :
http://www.techproresearch.com/article/how-to-create-a-privacy-policy-that-protects-your-company-and-your-customers