Post on 28-Jul-2016
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A p r i l 2 0 1 6
Investors in People Standard
The review that took place, as well as the findings that resulted from it (asummary of which you will find in the following page), follows a diagnosticproject, action plan and consultancy project aimed at developing businessplanning and meet other requirements of the Standard.
BWD as a business has experienced steady, sustainable growth eventhrough some difficult trading periods and the 3 founding directors havecontinued to drive the business forward.
The Investors in People award serves as a model of good practice designed to support businesses raisetheir performance in a sustainable way. It is based on a large body of research and practical experiencethat highlights the common practices and cultures that enable businesses to succeed througheffective management and development of staff.
It has a clear vision for further growth, which will require a strategy of developing its existing market and looking to expand into new complimentary markets.
FINDINGS
• There was evidence of the Directors developing a reward and recognition strategy that providesdirection and motivation, and linked individual and business performance. Good performance ishighlighted by Directors and Manager and communicated across the business.
• Employees gave examples of instances when this strategy was applied:being thanked for a large client win, a planned trip to Barcelona, winners’dinners, etc. There was a culture described that focussed on recognisingand celebrating good performance.
• No micro-management: staff enjoy autonomy in the office, and are involved in defining someimportant strategic statements such as values and vision, as well as consulted on rewards.
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• Employees stated they felt they had the opportunity to put forward ideas and suggestions. Inaddition to Monday morning meetings, employees also highlighted the accessibility of directors inthe open-plan office environment.