Enterprise Software

The New Economic Environment: A Strategic Workforce Perspective

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Executive Summary

Economic slowdown can serve as a catalyst for organizations to take a more strategic workforce perspective. It can create the impetus for organizations to take a more intelligent, fact-based approach to understanding their current and future talent needs and requirements. It can provide companies with the opportunity to fill needed gaps through targeted hiring from distressed competitors and selected skill development. Most importantly, it can drive the mandate for overall workforce transformation - a rethinking of the work that must be done, the manner in which individuals accomplish the work and the role senior executives need to play in helping the organization through difficult times.

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