Evaluation
An Investor in People understands the impact of its investment in people on its performance
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Indicator |
Evidence |
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11 People understand the impact of the development of people on the performance of the organisation, teams and individuals |
Top management understands the overall costs and benefits of the development of people and its impact on performance People can explain the impact of their development on their performance, and the performance of their team and the organisation as a whole |
What this means in practice
You need to understand the benefit of the development of people and its impact on your organisation.
This indicator tests whether people really do understand the impact that investing in people has on performance.
To meet it, top management need to show that they all have a good understanding of both the costs and benefits of development activities. In other words, they need to show they understand the value of their investment and be able to explain why their commitment to people development is worthwhile.
People must also be able to understand the link between their development and its impact on performance.