Investors in People (IIP) is a national standard enabling ANY business to improve its performance.
Investors in People (IIP) is a nationally recognised framework that helps organisations to improve their performance and realise their objectives through the effective management and development of their people.
The Standard is based on three key principles:
Plan – Developing strategies to improve the performance of the organisation
Do – Taking action to improve the performance of the organisation
Review – Evaluating the impact on the performance of the organisation
We help Companies by:
- Performing a ‘Gap Analysis’ against the requirements of the Standard
- Assisting with the implementation of the system i.e. Appraisal training
- Performing a ‘Dummy Assessment’ just prior to the Assessment ‘proper’
- Integrating IIP systems with ISO 9001, ISO 14001 & OHSAS 18001 management systems
The organisation commits to developing & training its employees to ensure they have the necessary skills to achieve its business plan, and then evaluates its investment in training & development against actual performance.
The four steps to successful assessment:
Commitment: The Managing Director/Senior Partner/Owner of the organisation sends a ‘Letter of Commitment’ to the Chief Executive of the local TEC.
Planning: The organisation is assessed against the standard at all staff levels to identify existing gaps and an Action Plan is compiled to address any discrepancies. A Business Plan is then complied stating Short, Medium & Long Term Objectives
Action: The Business Plan is communicated to ALL employees and their individual training needs are identified. Training & Development Plans are prepared for each individual
Evaluation: Evaluate the effects of training against individual performance & overall business results
The Investors in People (IIP) Framework is based on 20 years of leading practice, it was designed by business, for business. Written in consultation with customers, employees and people management specialists, it provides a path to organisational change.
Created to meet the ever-evolving needs and challenges of today’s businesses, the Framework gives you a tangible way to drive your business forward. The benchmark for any well-run organisation, it signals to customers and employees your commitment to good business and people management excellence.
- Enhanced financial performance
- Greater efficiency, increased productivity & improved quality
- Enhanced ability to meet customers requirements
- Employee motivation, commitment & flexibility
- Produce & attract higher quality employees
- Reduce staff turnover & absenteeism
Rosewood Management Services has assisted many companies to implement the requirements of the Investors in People standard. Contact us to find out how we can help you.
Download the IIP RKMS fact sheet here.