BENEFITS OF ACHIEVING THE STANDARD

Over the past 12 years independent research has consistently shown that the Investors in People Standard provides real business benefits to organisations of all sizes and across all sectors.

It provides a business improvement tool that enables organisations to compete and succeed through improved people performance. The people within your organisation are its greatest asset and good employee performance is critical to continued business success.

The practical benefits of working towards and achieving the Standard can include :

• Increased Productivity and Profitability
  Skilled and motivated people work harder and better, improving productivity and reducing costs of wastage.
• Higher Customer Satisfaction
  Employees become more customer focused, enabling organisations to more effectively meet customer needs.
• Improved Staff Motivation
  Employees feel a greater level of involvement and recognition. This has a positive knock-on effect on rates of retention and absenteeism.
• Competitive Advantage
  Investor in People organisations will develop a competitive edge over non-recognised ones from the positive benefits listed above.

The Investors in People Standard also provides an organisation with the potential of public recognition of its status, as well as the opportunity to review its policies and processes against a nationally recognised benchmark.

It provides a framework for planning future strategy, and is a structured way to improve the effectiveness of its training and people development activities.

The Investors in People Standard is therefore all about bottom-line business results. It’s not about unnecessary processes or paperwork - it’s about what you need to do to maximise the impact of your people on your business.

If you want to discover how some of the organisations within the West Midlands region have benefited from their Investors in People journey, then please have a look through our Case Studies.