Investors in People Standard

The in People Standard is a framework for delivering business improvement through people.

People are an organisation's greatest asset because for an organisation to succeed everyone has to perform well. To achieve this, people need the right knowledge, skills and motivation to work efficiently.

Developed in 1990 by a partnership of leading businesses and national organisations, the Standard helps organisations to improve performance and realise objectives through the management and development of their people.

• The framework involves:
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• Plan : developing strategies to improve the performance of the organisation

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• Do : taking action to improve the performance of the organisation

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• Review : evaluating the impact on the performance of the organisation

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• Benefits of Investors in People
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• The practical benefits of working towards and achieving the Standard are many and include:

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• Improved productivity
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• Skilled and motivated people work harder and better improving productivity

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• Customer Satisfaction
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• Investors in People is central to helping employees become customer focused enabling organisations to effectively meet customer needs.

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• Improved Motivation
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• Through employees greater involvement, personal development and recognition of achievement, motivation is improved. This leads to higher morale, improved retention rates, reduced absenteeism, readier acceptance of change and identification with the organisations goals beyond the confines of the job.

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• Reduced Costs and Wastage
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• Skilled and motivated people constantly examine their work to contribute towards reducing cost and wastage.

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• Public Recognition
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• Investor in People status brings public recognition for real achievements measured against a rigorous National Standard. Being an Investor in People helps to attract the best quality job applicants.