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Investors in People


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(IiP)

is a national standard of action and excellence in the UK. It specifies good practice for improving an organization's performance through its people—thus making such organizations attractive for employees to work in. Organizations applying for the IiP award must (a) demonstrate commitment to invest in people to achieve business goals; (b) undertake planning about how skills, individuals and teams are to be developed to achieve these goals; (c) take action to develop and use necessary skills in a well-defined and continuing programme directly tied to business objectives; and (d) constantly evaluate outcomes of training and development in terms of employee progress towards goals, the value achieved and future needs. In theory, it is designed to raise the standard of training and development in UK organizations, but in practice research reveals a mixed picture of success. Some organizations are fully committed to training and developing their employees, and are convinced that it will lead to improvements in performance. Others do the minimum possible to achieve the IiP recognition because they believe it is good for the company image, but will have little impact on performance. [See badge-collecting.]

(a) demonstrate commitment to invest in people to achieve business goals; (b) undertake planning about how skills, individuals and teams are to be developed to achieve these goals; (c) take action to develop and use necessary skills in a well-defined and continuing programme directly tied to business objectives; and (d) constantly evaluate outcomes of training and development in terms of employee progress towards goals, the value achieved and future needs.

Subjects: Human Resource Management.


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