Plans announced for Investors in People to engage
employees, employers and communities for better business
Plans have today been revealed for Investors in People to be established as a new
independent Community Interest Company (CIC), a move which will enhance the
organisation’s ability to deliver for employees, businesses and communities.
Investors in People is the international standard for people management, defining how to
lead, manage and support people well for sustainable results. There are 13000 businesses
accredited with the Investors in People Standard across the world. Currently, IIP is owned by
the UK Commission for Employment & Skills (UKCES), a publicly funded, industry-led
organisation that offers guidance on skills and employment issues in the UK.
The new Community Interest Company will be employer led, with a non-executive Board
recruited to represent Investors in People accredited businesses. The recruitment of a
diverse board will be led by Chair Valerie Todd and will begin immediately. Government will
retain a minority stake in the business, with any profits reinvested into evolving word class
standards in the interest of employers, employees and individuals.
Investors in People sets the standard for productive, inclusive and sustainable workplaces
that get the very best from people. Communities are set to gain through shared standards
for good leadership and people development, individuals benefit from working in
organisations that lead, support and manage people well and employers benefit from an
increase in high performing workplaces.
Valerie Todd CBE, Chair of Investors in People, commented:
“The importance of investing in people is greater than ever. As a Community Interest
Company, Investors in People will be even better placed to represent employees, employers
and individuals, to contribute to better workplaces for everyone.”
Minister of State for Apprenticeships and Skills, Robert Halfon, commented:
“As a Community Interest Company, Investors in People will have the flexibility to continue its
good work, to innovate and to grow, while providing a clear mandate to put public benefit at
the centre of its mission.”
Chief Executive of the CIPD, Peter Cheese, commented:
“In this new company form, led for the benefit of the Community, Investors in People can
continue to set the standard for people management and differentiate employers that are
committed to excellence. The new Standard is really progressing thinking and we are looking
forward to working in partnership with the new CIC board to maximise the opportunity for
the profession.”
Grahame Smith, General Secretary of the Scottish Trades Union Congress, commented:
“Investors in People has an important role in promoting fair work that benefits individuals,
employers and the wider community. It is crucial to the future of Scotland’s economy that we
have a highly engaged and supported workforce. This decision to protect the social purpose
of IIP secures the long term credibility of the Standard and helps us achieve that aim.”
By developing, publishing and upholding good practices, Investors in People’s mission is to
raise the standards of people management for the benefit of everyone. The Investors in
People community is made up of employers of all sizes, trade unions, employees, academics
and thought leaders from across the world.
Investors in People’s services will continue uninterrupted through the transition.
If you have any questions about this press release please get in touch. Telephone: 0300
303 3033 or email [email protected].