Investors in People - IiP

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Investors in People - IiP
Investors in People is a HRM model which sets out a level of good practice for the training and development of people in order to achieve business goals. It is clearly based on the Deming Cycle. The IiP model contains three phases: 1. Developing strategies (PLAN) 2. Taking action (ACT) 3. Evaluating the impact (CHECK). These three key principles are broken down into 10 indicators, against which organisations wishing to be recognised as an Investor in People are assessed.

IiP Indicators - Developing Strategies
The Investors in People indicators for Developing Strategies are: Indicator 1: A strategy for improving the performance of the organisation is clearly defined and understand. Indicator 2: Learning and development is planned to achieve the organisation's objectives. Indicator 3: Strategies for managing people are designed to promote equality of opportunity in the development of the organisation's people. Indicator 4: The capabilities managers need to lead, manage and develop people effectively are defined and understood.

IiP Indicators - Taking Action
The Investors in People indicators for Taking Action are: Indicator 5: Managers are effective in leading, managing and developing people. Indicator 6: People's contribution to the organisation is recognised and valued. Indicator 7: People are encouraged to take ownership and responsibility. Indicator 8: People learn and develop effectively.

IiP Indicators - Evaluating Impact
The Investors in People indicators for Evaluating the Impact are: Indicator 9: Investment in people improves the performance of the organisation. Indicator 10: Improvements are continually made to the way people are managed and developed. Hope this helps, WBR


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