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Overview (cont.)

Getting the relevant data together is vital – you need to know the scale of your investment, and work out how it is impacting on tangible measures of business performance. In almost any market, ’good’ is a relative term, so you should use benchmarking to compare your performance with competitors or peers, and seek to draw in examples of good practice from outside the organisation.

Your key stakeholders, investors, customers, funders, and of course your people, will have an interest in how well the organisation is performing, and how it intends to improve. Profile encourages you to take an open, transparent approach by reporting the return on your investment in people strategies.

Ultimately, the culture of continuous improvement should drive increases in positive staff perceptions of the organisation. People should start to feel the organisation improves their career development, and partly as a result of their feedback that it offers a great place to work.

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Highlight:  Approaches to measuring effectiveness and ROI
Profile's principles of "Plan, Do and Review" depend on organisations evaluating activity and establishing the value that it has contributed as part of their planning cycles.... read more


3  Articles
Choosing business measures to monitor

3  Case studies
Hager UK
London Heathrow Marriott
Lyness Accountancy

3  Good practice
Evaluating the return

3  Web links
CIPD - corporate strategy
CBI
Institute of Directors
Business Link
Institute of Employment Studies

3  Publications
An overview of the Profile framework
Understanding Profile

 

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