Accreditation firm Investors in People is to be established as a new independent community interest company to strengthen standards in people management.
Online assessment data is used to benchmark companies’ performance. Photo credit: Fotolia
The Investors in People will partner with CIPD to build, promote and define how to lead, manage and support people well for sustainable results.
The company’s recognised accreditation is held by 14,000 organisations across the world.
Head of Investors in People, Paul Devoy, commented: “With this new direction and company ownership, Investors in People looks forward to working in partnership with the CIPD as a key partner to build, promote and maintain standards in people management. Investors in People is an important tool for HR professionals to benchmark, improve and recognise excellent practices across organisations.”
The Investors in People Standard is underpinned by a rigorous assessment methodology and a framework, which reflects the very latest workplace trends, essential skills and effective structures required to outperform in any industry.
Chief Executive of the CIPD, Peter Cheese, said: “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.”
The firm is currently owned and managed by the UK Commission for Employment and Skills (UKCES), a publicly funded, industry-led organisation that offers guidance on skills and employment issues in the UK.
From 2017, Investors in People will be established as a Community Interest Company.