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The following is an extract from the Investors in People UK website showing the new standard.  For further details please click here

Investors in People Standard

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.

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. Investors in People recognises that organisations use different means to achieve success through their people. It does not prescribe any one method but 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. A strategy for improving the performance of the organisation is clearly defined and understood.
2. Learning and development is planned to achieve the organisation's objectives.
3. Strategies for managing people are designed to promote quality of opportunity in the development of the organisation's people.
4. The capabilities managers need to lead, manage and develop people effectively are clearly defined and understood.

 

Taking action to improve the performance of the organisation

An Investor in People takes effective action to improve the performance of the organisation through its people

5. Managers are effective in leading, managing and developing people.
6. People's contribution to the organisation is recognised and valued.
7. People are encouraged to take ownership and responsibility by being involved indecision-making.
8. People learn and develop effectively.
 

Evaluating the impact on the performance of the organisation

An Investor in People can demonstrate the impact of its investment in people on the performance of the organisation

9. Investment in people improves the performance of the organisation.
10. Improvements are continually made to the way people are managed and developed.

 

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