Investors in People - The Benefits
Increased productivity, staff motivation and customer satisfaction are some of the tangible benefits that thousands of organisations have gained by working with the framework.
Research has shown that the benefits include:
An improvement in the development of the Skill Base – providing your clients/customers with an improved service from your people. Also results in improved productivity. Cascading the vision and direction can help build the right organisational social climate by giving employees a sense of purpose. It also has the advantage of channelling people’s effort to achieving the goals of the business.
An improvement in staff retention – Investors in People recognised organisations are more likely to have high levels of trust, commitment and cooperation among their employees.
An improvement in Corporate Image – resulting in greater attraction to clients/customers resulting in an increase in turnover.
An improvement in communication – Resulting in more effective communication and cross team working and therefore an indirect effect on organisational profitability.
An increase in Innovation - Those organisations that are Investors in People recognised are more likely to have high level of product and service innovation
An improvement in meeting objectives - companies that are Investors in People recognised are more likely to meet their strategic objectives.
Click here to see what the Institute for Employment Studies think.
Click here to read the Cranfield School of Management Report
Click here to read the COI report
Click here to read some comments from organisations that have benefitted from the Investors in People framework and how it has worked for them!
|