The Resourcing Strategy
Resourcing Newcastle 2040
Resourcing Newcastle 2040 is CN’s roadmap for how we will implement and resource our vision to support delivery.
This consists of three key components:
2. Workforce Development Strategic Plan
Long Term Financial Plan
Our Long-Term Financial Plan (LTFP) reflects CN’s actual and projected financial position over the next 10 years. The forecast is driven by the assumed financial resources required to deliver the priorities and objectives of Newcastle 2040; appropriate management of our assets as outlined in our Asset Management Strategy and Asset Management Plan; and our workforce requirements and development as guided by our Workforce Development Strategic Plan.
Workforce Development Strategic Plan
Our Workforce Development Strategic Plan (WDSP) describes our current workforce; considers the impact of environmental context, workforce trends and future demands; and outlines a range of strategic focus areas that will ensure we have the right people with the right skills to deliver the outcomes identified in Delivering Newcastle 2040.
Asset Management Planning
Asset planning involves a three-tiered approach, inclusive of an Asset Management Policy, Asset Management Strategy and Service Asset Management Plan.
CN provides a range of services to residents and visitors, all of which are supported by a variety of built and natural assets, information technology, and fleet and plant equipment. Each asset contributes to meeting community needs, from park benches to our expansive local road network. CN manages more than $2.5 billion in assets to deliver services to our residential and business communities in a cost-effective manner.
