Increasing numbers of employers are having more regular reviews – rather than waiting for three years for their next assessment. The reason for this is that they are finding their assessments very valuable at signposting which areas they need to focus on for the next year. As a result, many are linking their reviews into their annual planning processes.
In order to retain recognition as an Investor in People, you need to have a review within a maximum of three years of your last assessment. However it’s totally your decision on when you want to next be assessed and whether you want it to happen more regularly than every three years.
Preparing for reviews is very similar to preparing for your first assessment. In the current economic climate, organisations are finding they need to be more innovative and flexible. This can affect your business plan but also have an impact on your management practices. As a result, you may find that your objectives or goals can change quite considerably from one year to the next.
One of the other benefits of the new, tailored approach that Investors in People has recently introduced, is that it gives you the opportunity to look beyond The Standard and decide which parts of the extended framework link to your organisation’s priorities or performance targets. This means that you can focus on different but relevant topics for each review that you do as part of your continuous development programme. Investors in People is all about continuous improvement and this long-term approach to your reviews can help your organisation to improve its performance significantly over time.
If you want to discuss your next review, please contact your nearest Investors in People Centre.