Magazine article Management Today

Join the Investors in People Club and Reap the Benefits

Magazine article Management Today

Join the Investors in People Club and Reap the Benefits

Article excerpt

Keith Ellis employs 56 people at his Kent-based firm, Kenard Engineering, which achieved Investors in People Standard (IiP) status in March 1997. While recommending IiP, he is not surprised that many small firms are put off. Gaining IiP is time-consuming, requires full support from a firm's bosses and, in Kenard's case, meant ignoring the jargon of a HR consultant who, Ellis admits, almost put them off before they even started.

Iip provides a framework for improving business performance and competitiveness by linking the training and development of people to the achievement of business goals. Developed in 1990, it is currently used by more than 30,000 large and small UK firms to review and improve employee performance and, as a result, the overall effectiveness of the organisation.

Well over one third of organisations that have achieved IiP employ less than 50 people but the SUE sector (which accounts for 27% of the UK workforce) has a lower than average take-up of IiP. The non profit-making scheme administrator, Investors in People UK, stresses the key role that IiP can play in helping SUEs achieve improved profitability and productivity, increased motivation, public recognition and business performance and cost reductions.

But Ellis' reservations are confirmed by recent research from Investors in People UK. This suggests many small firms still have problems understanding exactly what IiP is meant to achieve and others remain highly sceptical of any initiative that appears to be 'official'. …

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