Investing in your people works - can 40,000 organisations be wrong?

摘要

Purpose - The purpose of this paper is to present an outline of research, and provide a range of ideasrnand strategies that an organisation can adopt to improve its performance, in both financial andrnnon-financial measures.rnDesign/methodology/approach - A Cranfield University research paper used the Investors inrnPeople (IIP) quality standard to link the engagement of people to the development of high-performancernorganisationsrnFindings - The research shows that by implementing commitment based HR strategies createsrnlong-term and quality engagement of employees. Furthermore, such strategies impact positively onrnfinancial as well as non-financial performance of organisations.rnResearch limitations/implications - The Standard has been the subject of research since itsrninception. Much of the previous research found that the IIP Standard has a positive impact on businessrnperformance although the conclusions were not unanimous. In addition, the Standard is reviewed andrnrevised every three to five years, so past findings cannot always be related to the current StandardrnPractical implications - A total of 40,000 organisations use the Investors in People standardrnbecause it: is a useful framework for organisations undergoing significant or a rapid change and it isrnbusiness improvement focused - whatever the business priorities.rnOriginality/value - The paper focuses on business improvement research and practice.