Investors in People

Investors in People
Agency overview
Formed 1991 (1991)
Jurisdiction United Kingdom
Parent agency Department for Business, Innovation and Skills
Website www.investorsinpeople.co.uk

Investors in People provides a best practice people management standard, offering accreditation to organisations that adhere to the Investors in People framework. Investors in People is owned by the UK government, managed nationally by the UK Commission for Employment and Skills and supported by the Department for Business, Innovation and Skills (BIS). Investors in People assessments are conducted locally through seven local Delivery Centres.[1] It was launched in 1991.

History

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 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 is now responsible for the strategic ownership of Investors in People.

Over a third of the UK’s workforce uses Investors in People in 2015. The Silver standard has been awarded to fewer than 600 organisations in the country, which is just 2.82% of all organisations awarded a standard.[2] Only 3% of the companies awarded Investors in People status achieve the Gold standard.[3]

Research

The Standard is regularly reviewed by 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.[4]

Investors in People International

Though UK-based, the Standard has been licensed to a number of other countries through Investors in People International.[5] Investors in People International operates in more than 70 countries across the globe, and delivers services in more than 30 languages.

References

  1. ↑ http://www.investorsinpeople.co.uk/about-us/our-organisation-achieving-success-through-people
  2. ↑ "Bracknell Forest Homes puts people first". Bracknell Forest Homes. Retrieved 21 June 2015.
  3. ↑ "BE Group strike gold with Investors in People". BQ Live. 19 June 2015. Retrieved 21 June 2015.
  4. ↑ Research
  5. ↑ http://iipinternational.investorsinpeople.co.uk/

External links

This article is issued from Wikipedia - version of the Monday, August 10, 2015. The text is available under the Creative Commons Attribution/Share Alike but additional terms may apply for the media files.