Developed in 1990 by a partnership of leading businesses and national organisations, the Standard helps organisations to improve performance and realise objectives through the management and development of their people. Since it was developed, the Standard has been reviewed every three years to ensure that it remains relevant, accessible and attractive to all. The most recent review was completed in November 2004.
A Proven Framework for Business Improvement
Investors in People provides a flexible framework, which any organisation can adapt for its own requirements. It mirrors the business planning cycle (Plan, Do, Review), making it clear for organisations to follow and implement in their own planning cycle.
The Investors in People Standard is based on three key principles:
- Plan – Developing strategies to improve the performance of the organisation
- Do – Taking action to improve the performance of the organisation
- Review – Evaluating the impact on the performance of the organisation.