Investor in People

What is the Investors in People Standard

Everyone agrees that employees are an organisation’s greatest asset, and we all know that for an organisation to succeed everyone has to perform well. To achieve this, employees need the right knowledge, skills and motivation to work efficiently.

The Investors in People Standard will give you a framework to ensure that you achieve this.  It doesn’t matter what size or type of organisation you are, the Investors in People Standard is there to help you improve the way you work.  You have to meet the same criteria – or ‘indicators’ – as other organisations, but the Standard recognises that you will meet them in your own way. The areas that these 10 indicators cover are shown in the diagram (below) Investor in People recognises that organisations use different means to achieve success through their employees.  It does not prescribe any one method but provides a framework to help you find the most suitable means for achieving success through your employees.

A bit of history

Investors in People was created in 1990 from the aspirations of The National Training Task Force.  The Employment Department, leading national businesses and national organisations including the CBI, TUC, Institute of Personnel and Development to develop a national Standard, which set out a level of good practice for training and development to achieve business goals.  The experiences of the UK’s most successful organisations, large and small, representing all sectors of the UK economy were very positive and the Standard received full endorsement.

The business environment is continually changing and it is important that the Standard moves with the times and remains relevant to industry.  It has been revised by industry many times with the latest in 2009 with the launch of the IIP Framework.

The framework places new emphasis aligning evidence of best practice with an organisations current and future business objectives but continues to ensure Investors in People is still  relevant to employers of all sectors and sizes.

36,000 organisations cannot be wrong! 

What are the benefits of the Investors in People Standard?

What Investors in People can do for you?

If you are a forward thinking organisation looking to improve the performance of your business and your employees then the Investors in People Standard is perfectly placed to meet your needs.

Making an investment in your employees will provide real business benefits.  Investors in People organisations report a rapid improvement in their overall performance including:

• Clearer links between operational plans and employees development strategies
• Employees development focused on identified business needs
• Better understanding of the costs and benefits of developing employees
• An increase in employees skill, competence and commitment
• Greater Sales, productivity and profitability
• Reduced costs and stock levels
• Improvements in quality and customer service
• Better communication.

Investor in People	What’s in it for staff
Clarity of business strategies and plans	Informed of company direction and involvement encouraged in further developing the business
Planned and managed learning and development	Employees are encouraged to identify their own development and the company plans and manages it
Equality of opportunity	All employees, irrespective of their role or personal criteria are treated inclusively
Leadership and management	Leadership and management requirements of the company are clearly communicated and employees know what to expect from their manager, consistently.
Recognition and value	The role of employees and their impact will be valued by the company and the work of teams and individuals will be recognised
Involvement, empowerment and decision making	All employees have a part to play in further developing our company and their involvement is key to success. Employees will be empowered to deliver quality products and services and will be involved in decision making in their roles.
Learning and development	Employees will get the opportunities to learn and develop in their roles and be encouraged to improve their knowledge and skills and develop their careers if they desire.
Performance management and continuous improvement	Employees will know what is expected of them and how they are performing. They will know how the company is performing with the knowledge that we are an organisation that wants to continually improve in all aspects of our business

Typical IIP implementation plan

Activity	Who	CBS Days req’d	Month	Month	Month	Month	Month	Month
1. IIP diagnostic, staff survey and action plan and communicate project and background to all staff.	CBS with Client	2
2. Develop the business plan Carry out the training needs analysis.	CBS with Client	2
3. Introduce and implement appraisals/job chats for all staff	CBS with Client	2
Appraisal/job chat training for managers	CBS	0.5
4. Produce training plan and budget and implement	CBS with Client	1
5 & 6. Management review and pre-assessment diagnostic.   Apply for assessment	Client with CBS	1
7. IIP assessment by Quality Centre	Quality Centre

Send your enquiries to:

info@casebusinesssolutions.ltd.uk