Investors in People Standard

Investors in People Standard

A nationally (UK) recognised business-improvement tool promulgated by the UK Commission for Employment and Skills (UKCES), which helps organisations realise their objectives by managing and developing their people. The Standard has three principles to which an organisation must subscribe and key indicators to work towards. An external assessor looks for evidence that these principles and indicators have been implemented throughout the organisation.

Investors in People Standard principles
Plan—Develop strategies to improve the performance of the organisation.
Do—Taking action to improve the performance of the organisation.
Review—Evaluate the impact of its investment in people on the organisation’s performance.
References in periodicals archive ?
Progressive Building Society, Northern Ireland's largest locally owned financial institution, has become the only local financial institution to achieve the gold accreditation against the sixth generation Investors in People Standard.
LIVERPOOL John Lennon Airport has been awarded accreditation against the Investors in People Standard, demonstrating its commitment to high performance through good people management.
Paul Devoy, head of Investors in People, said: "We'd like to congratulate Ospreys Rugby, who have charged ahead and raised their people management practice on and off the field, achieving the Gold Investors in People standard.
A MIDDLESBROUGH housing association has been awarded with the Investors in People standard.
"To achieve accreditation to the Investors in People standard is something we are all extremely proud of and the fact we achieved bronze level in our first assessment benchmarks our business and people management practices at a very high level."
Geoff Gillon, director of human resources, at the Port said: "To achieve the Investors in People standard the port had to demonstrate continual improvement in programmes designed to deliver growth in the business.
Carole Fox of West Midlands Quality Centre, with John McNaught, the managing director of Bridgestone UK, with Alex Watson, the managing director of Kingsway and David Gray, managing director of Bulldog, celebrate the Investors in People Standard.
"The Small Firms Initiative helps to overcome the perception that the Investors in People Standard is only for larger organisations and the success of Altered Images shows it is achievable for all businesses."
The Investors in People standard is based on four key principles: Commitment to invest in people to achieve business goals n Planning how skills,individuals and teams are to be developed to achieve these goals n Taking action to develop and use necessary skills in a well defined and continuing programme directly tied to business objectives Evaluating outcomes of training and development for individuals'progress towards goals, the value achieved and future needs In order to achieve the Investors in People standard an organisation has to show an understanding of the standard and its implications.
The Investors in People Standard recognises organisations which effectively invest resources into training for the benefit and gain of their workforce, customers and organisation.
SNOWDONIA based DMM Group, a leading manufacturer of climbing and work at height safety equipment, has been awarded GOLD accreditation against the Investors in People Standard.