Investors in People

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Investors in People
Investors in People logo.svg
Agency overview
Formed 1991 (1991)
Jurisdiction United Kingdom
Headquarters 157-197 Buckingham Palace Road, Victoria, London, SW1W 9SP, United Kingdom
Website www.investorsinpeople.com

Investors in People is a standard for people management, offering accreditation to organisations that adhere to the Investors in People Standard. From 1991 to January 2017, Investors in People was owned by the UK government. As of 1 February 2017, Investors in People transitioned into the Investors in People Community Interest Company.[1] Investors in People assessments are conducted locally through local Delivery Centres across the UK and internationally.[2]

History[edit]

Investors in People UK was formed in 1991 to protect the integrity of the Investors in People framework. It was a non-departmental public body and received funding from the former UK Department for Business, Innovation and Skills (BIS). The organisation was based in London, United Kingdom and managed the development, policy, promotion and quality assurance of the Investors in People framework.

From April 2010 the work of the organisation was transferred to UKCES (UK Commission for Employment and Skills) which was responsible for the strategic ownership of Investors in People until January 2017, when the organisation transitioned into a Community Interest Company on 1 February 2017.

The Sixth Generation Standard[edit]

In September 2015, Investors in People launched the sixth generation standard, evolved from the previous fifth generation to keep pace with modern practices. The current framework reflects the latest workplace trends, leading practices and employee conditions required to create outperforming teams. The latest framework focuses on three key areas: leading, supporting and improving. Within these sit nine performance indicators based on the features of organisations that consistently outperform industry norms. Organisations are assessed against these indicators using a performance model made up of four levels: Developed, Established, Advanced, High-Performing. In order to achieve the minimum level of accreditation against this framework, an organisation must meet all nine indicators at 'Developed' level[citation needed].

Research[edit]

The Standard is regularly reviewed by Investors in People (formally as part of the UK Commission for Employment and Skills) and independent research is conducted on the benefits of working with the Investors in People framework and the impact of achieving recognition. This research has indicated that Investors in People has a positive impact on performance.[3]

Investors in People International[edit]

Though UK-based, the Standard has been licensed to a number of other countries through Investors in People International.[4] Investors in People International operates in more than 80 countries and delivers services in more than 30 languages[citation needed].

References[edit]

  1. ^ "Plans announced for Investors in People to engage employees, employers and communities | Investors in People". www.investorsinpeople.com. Retrieved 2017-02-02. 
  2. ^ "Company information | Investors in People". www.investorsinpeople.com. Retrieved 2017-02-02. 
  3. ^ "Evaluation of Investors in People: Year 2 - Publications - GOV.UK". www.gov.uk. Retrieved 2017-02-02. 
  4. ^ "IIP International | Investors in People". www.investorsinpeople.com. Retrieved 2017-02-02. 

External links[edit]