Fasset achieves bronze status with Investors in People

Fasset (the Finance and Accounting Services Seta) has recently achieved bronze status with Investors in People (IiP), a global organisation, which champions best practice in people management.

IiP has 15 000 member organisations in seventy-five countries.

“Fasset is committed to best practice in people management and a longstanding relationship with IiP. Fasset was one of the Department of Labour’s pilot delivery partners and was recognised as an Investors in People organisation in 2003 and again in 2009. Although it is no longer mandatory for Setas to implement a global standard for best practice in people management, we believe IiP adds tremendous value to Fasset as an organisation,” says Fasset CEO, Cheryl James.

Delighted to hear that Fasset had improved its IiP accreditation from the base IiP standard to bronze status, James says this achievement attests to the Seta’s commitment to implementing best practice in people management.

IiP accreditation is very important for Fasset as an organisation. “Fasset has always believed in developing its people. Valuing people is one of our values. Implementing best practice in people management is a tangible way of valuing our people. The IiP framework has enabled us to build an inclusive organisational culture, a prerequisite for any performance-driven organisation. It has also provided us with a tool for continuous development. Most importantly, the IiP framework enables our employees to fully understand and also, appreciate how their individual contribution, contributes to Fasset’s success,” she informs.

James concedes that meeting the requirements for accreditation as an IiP organisation is a challenge. “Two issues still remain a challenge. Firstly, the need to formulate a recognition strategy that will meet everyone’s needs and expectation. We are also grappling with the need to measure return on investment (ROI). Finding a user-friendly tool that is right for our environment, presents a challenge. However, Fasset is a very innovative organisation. We have always embraced the philosophy, ‘where there is a will, there is a way,” James concludes.

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