Investors in People UK was formed in 1993 to take national ownership of the
Standard, protect its integrity and ensure its successful promotion and development.
What
is Investors in People
The Investors in People Standard is a business improvement tool designed to
advance an organization's performance through its people.
Developed in
1990 by a partnership of leading businesses and national organizations, the Investors
in People Standard helps organizations to improve performance and realize objectives
through the management and development of their people. Since it was developed
the Standard has been reviewed every three years to ensure that it remains relevant,
accessible and attractive to all. The most recent review was completed in November
2004.
Initially the Standard was administered through
a section in the Department for Education and Employment (DfEE). As demand for,
and interest in, the Standard grew the section became Investors in People UK.
Although the company is by definition UK based and orientated in its operations,
interest from overseas has given the Investors in People Standard an international
dimension, both in terms of protection and development.
The
Investors in People Standard is a straightforward, proven framework for delivering
business improvement through people and our website (
Everyone
agrees that people are an organization's greatest asset, and we all know that
for an organization to succeed everyone has to perform well. It doesn't matter
what size or type of organization you are, the Investors in People Standard is
there to help you improve the way you work.
The HRD Group Ltd has been accredited by Investors in People
since March 2000. Our Investors in People status incorporated the
HRD Online training system.
A
proven framework for Business Improvement
Investors
in People provides a flexible framework, which any organization can adapt for
its own requirements. It mirrors the business planning cycle (plan, do, review)
making it clear for organizations to follow and implement in their own planning
cycle.
Plan - developing strategies to improve the
performance of the organization
Do - taking
action to improve the performance of the organization
Review -
evaluating the impact on the performance of the organization.
Customized roles and competencies with
360 and/or self analysis or assessor feedback establishes
training need and involvement of line, personnel and/or 3rd party
coaches ensure that the HRD Online training system's Personal
Development Plans reconcile individual development with
organizational development needs.
All HRD Online training user activity is visible to authorized support personnel.
In regard to HRD matters related to Investors in People HRD Online training
is fully compliant.
The DO phase blends learning from our resource library of over
300 Business, Management and Personal Skills online training courses,
with work based assignments designed to develop skill and realize
tangible organizational benefits.
Throughout internal or external
line managers and/or coaches of users provide critiqued WBA feedback
and active participation in review of online training results and
user generated Continuous Professional Development records design
to record individual and organizational benefits and any consequential
action required. Future action is supplemented by the provision
of goals with time based action plans for their achievement.
Benefits
of Investors in People
Over the past 12 years independent research
has consistently shown that the Investors in People Standard provides real business
benefits to organizations of all sizes and across all sectors.
There are
currently over 37,000 recognized organizations in the UK employing over 27% of
the UK workforce. Every one of those organizations is benefiting from the Investors
in People Standard in one way or another and with a 90% retention rate, we must
be doing something right!
Other benefits organizations can gain from the Investors in People
Standard are:
The opportunity to review current policies and practices against a recognized
benchmark
A frame work for planning future strategy and action
A structured way to improve the effectiveness of training and development activities
With its Investors in People underpinning capabilities, and its Institutional
recognition (see managementqualifications.co.uk)
& its University connections - the HRD Online training system integrated with
HRM occupies a unique position within the UK 's training establishment.
Customer
Satisfaction - Investors in People is central to helping employees become
customer focused enabling organizations to effectively meet customer needs
Improved
motivation - Through employee's 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 organizations goals beyond the confines of the job
Enhanced
quality - Investors in People significantly improves the results of
quality programmes. Investors in People adds considerable value to The Excellence
Model, ISO 9000, BS 5750 and other total quality initiatives
Competitive
advantage through improved performance - Investors in People organizations
develop a competitive edge
Public recognition - Investors
in People status brings public recognition for real achievements measured against
a rigorous National Standard. An Investors in People organization helps to attract
the best quality job applicants. It may also provide a reason for customers to
choose specific goods and services.
Using
push learning. the HRD Online
training management & elearning system provides flexible
& customisable HRD solutions
- with Institutional accreditation and optional blended
learning methods and distant learning support
HRD Online training promotes an active learning culture
taking
action to improve the performance of the organization
