Heartbeat Project Report

June 2009

Heartbeat Project Report

The current turbulent and uncertain environment increases the strategic importance of being able to make informed workforce management decisions. In times when budgets are limited, making strategic decisions about where to allocate scarce resources is even more essential.

Organisations who cut investment in future capability development due to short term cost pressures may accentuate their future skills and experience deficits, as well as harm their ability to attract and retain talent in the future. Quality workforce planning data is thus at a premium, in order to balance short-term budget pressures with longer term capability development and retention.