IIP firms do better

11th July 1997 at 01:00
Companies committed to the Investors in People standard achieve measurable improvements in business success, according to research.

Researchers commissioned by Cumbria Training and Enterprise Council looked at 236 companies that had achieved the IIP standard and compared them with two control groups, including non-IIP firms of similar size in the same industries.

They found great improvements in the overall financial condition of the IIP companies, substantially better than the performance of companies in the control groups. Some 71 per cent of IIP companies improved their credit rating, compared to only 45 per cent in the control group.

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