National Standard for Effective Investment in People
An Investor in People makes a public commitment from the top to develop all employees to achieve its business objectives.
- Every business should have a written but flexible plan which sets out business goals and targets, considers how employees will contribute to achieving the plan and specifies how development needs in particular will be assessed and met.
- Management should develop and communicate to all employees a vision of where the organisation is going and the contribution employees will make to its success, involving employee representatives as appropriate.
An Investor in People regularly reviews the training and development needs of all employees.
- The resources for training and developing employees should be clearly identified in the business plan.
- Managers should be responsible for regularly agreeing training and development needs with each employee in the context of business objectives, setting targets and standards linked, where appropriate, to the achievement of National Vocational Qualifications (or relevant units).
An Investor in People takes action to train and develop individuals on recruitment and throughout their employment.
- Action should focus on the training needs of all new recruits and continually developing and improving the skills of existing employees.
- All employees should be encouraged to contribute to identifying and meeting their own job-related development needs.
An Investor in People evaluates the inveastment in training and development to assess achievement and improve future effectiveness.
- The unvestment, the competence and commitment of employees, and the use made of skills learned, should be reviewed at all levels against business aims and targets.
- The effectiveness of training and development should be reviewed at the top level and lead to rewnewed commitment and target setting.
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