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NAG Attains the UK's Investors in People Standard

The Numerical Algorithms Group achieves official accreditation for best practice employee care

April 2006. The Numerical Algorithms Group (NAG) is awarded the UK's official Investors in People (IIP) standard after a stringent review process. NAG has always prided itself on its ethos of investing in its most precious asset, its employees, and so it made perfect sense to try to obtain formal acknowledgement of this via IIP. After a year long process NAG's Oxford office was awarded the prestigious accreditation in April 2006 in recognition of its best practice employee policy, and procedures for employee care and development.

Investors in People is a national quality standard which defines good practice for improving an organization's performance through its people. Developed in 1990 by a partnership of leading businesses and national organizations in the UK, the standard helps organizations to improve performance and realize objectives through the management and development of their people. Since it was developed the standard has been reviewed every three years to ensure that it remains relevant, accessible and attractive to all. The most recent review was completed in November 2004.

During the assessment conducted by IIP representatives, all areas of NAG's policy and procedures came under intense scrutiny including their appraisal system, personal development and training, and management styles and techniques.

NAG operates an open communication system ensuring that employees are aware of business strategy, company targets and objectives, and product development. This openness promotes a healthy atmosphere where new ideas are welcomed and positively encouraged.

Susan Shayler, Chief Operating Officer of NAG Ltd who headed up the IIP team at NAG, said "Investors in People has been valuable to us because it has helped us to identify, focus on and provide for all the development needs of all personnel associated with NAG. Investors In People has contributed enormously in creating a sense of involvement with the business which has been critical to our success."

Steve Hague, former Chief Operating Officer of NAG Ltd and Company Secretary commented that "Achieving the accreditation was very pleasing indeed as a tangible mark of progress but it should not be viewed as an end in itself. Instead, it gave a considerable encouragement to keep on building, investing in people and supporting infrastructures, which in turn would be reflected in an even better quality of service to customers."

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