Benefits of IIP
Improve productivity
Investors in People can provide you with a clear and adaptable framework with guidelines to help you improve the productivity of your organisation.
73% of Captains of Industry working with recognised Investors in People organisations believe that working with the framework leads to increased productivity.
Ipsos MORI, Captains of Industry 2007 Survey, 2008
A Skilled Workforce
There is a common misunderstanding that a skilled workforce is a productive workforce. In reality, research shows that it’s only when organisations understand the importance of having skills and using them effectively that they get the best return on their investment.
People are the most expensive part of the operation, and so increased productivity requires you to make sure that you are getting the highest return on the investment that you have to make in their salaries, contributions, and benefits. Many organisations don’t realise the full potential of their people because they don’t place sufficient emphasis and commitment on how they can best use the skills of their workforce.
A key part of improving productivity is therefore to consider whether you are really making the most of the skills of your people.
To do this you must have a clear sense of what you want to achieve.
You need to ensure that collective effort of your people is being used in the most effective way. Setting realistic goals and timeframes will enable you to achieve your goals and this should include measures which you can test to establish the progress you are making.
Investors in People provides you with the guidance to know what you need to be doing, and the feedback as to whether it’s working for you.
Good Leadership and Management
The key to improving productivity lies with the behaviours and attributes of your managers.
You need to be clear about the role that your managers will play in getting the best from your people. You need to emphasise and ensure that your managers understand their responsibilities for getting the best performance from their teams.
All managers are agents for your objectives who will either support your aspirations or consciously or sub-consciously act as a barrier to what you need to do.
Return on Investment
The leverage that you have in terms of increasing productivity of your people is even more powerful when you consider that most of the practices and behaviours that are required to get the best from people don’t require lots of expenditure.
Feedback, involvement, engagement, good communication don’t come with a bill to be paid – it comes down to whether your managers have the skills and the behaviours your need to use these principles in their day to day work.
If you would like more information or to book a meeting with a member of our team, please contact us.
