Everyone agrees that people are an organisation's greatest asset, and we all know that for an organisation to succeed everyone has to perform well. To achieve this, people need the right knowledge, skills and motivation to work efficiently.
No matter what the size or type of your organisation, 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. Investors in People recognises that organisations use different means to achieve success through their people. The Standard does not prescribe any one method, but it provides a framework to help you find the most suitable means for achieving success through your people.
Knowing that your investment is making a difference
How can you tell that your investment in people is making a difference? Having processes in place may be important, but will not necessarily lead to the results you desire. The best way of finding out what impact your investment in people has had is to talk to your people – to find out what difference it has made to their team and the organisation. Only then will you truly understand whether your investment in people has been worthwhile.
Developing Strategies to Improve the Performance of the Organisation
An Investor in People develops effective strategies to improve the performance of the organisation through its people.
1. Business Strategy - A strategy for improving the performance of the organisation is clearly defined and understood
2. Learning & Development Strategy - Learning and development is planned to help achieve the organisation's objectives
3. People Management Strategy - Strategies for managing people are designed to promote quality of opportunity in the development of the organisations people
4. Leadership & Management Strategy - The capabilities managers need to lead, manage and develop people effectively are cleary defined and understood
Taking Action to Improve the Performance of the Organisation
5. Management Effectiveness - Managers are effective in leading, managing and developing people
6. Recognintion and Reward - People's contributions to the organisation are recognised and valued
7. Involvement and Empowerment - People are encouraged to take ownership and responsibility by being involved in decision-making
8. Learning and Development - People learn and develop effectively
Evaluationg the Impact of the Performance of the Organisation
9. Performance Measurement - Investment in people improves the performance of the organisation
10. Continuous Improvement - Improvements are continually made to the way people are managed and developed
Overview of the Investors in People Standard
The Investors in People Standard is available online in PDF format. To view the document, click on one of the links in the download panel above.
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PLEASE NOTE: To order the Investors in People Standard brochure and others, please visit TSO online bookshop, call our Order Line on 0870 850 4477, or email iipuk@tso.co.uk.
The Investors in People Standard publication is available to purchase by quoting reference 011 7061 662. It includes guidance on the 10 indicators, outlines what is needed to meet them, and features a detailed glossary and answers to the most frequently asked questions. As well as highlighting the benefits of the Standard, the publication also includes information on other ways Investors in People can help your organisation.