Reforecasting Amid Upheaval: Best Practices for Financial and Workforce Planning

Workday

If your role includes financial planning and analysis, you likely had just completed your 2020 revenue, headcount, hiring, opex, and capex forecasts, only to find that COVID-19 rendered them moot. Execs are Focused on Scenario Planning and Reforecasting.

Workday Skills Cloud: A Big Idea With Much More To Come

Josh Bersin on Enterprise Learning

In the Fall of 2018 Workday introduced the Skills Cloud , a new offering designed to help companies create a “skills ontology” that discovers the skills (and skill gaps) in your workforce.

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Introducing New Workforce Planning Capabilities in Workday

Workday

Workday just received some incredible recognition in "The Forrester Wave™: SaaS HR Management Systems, Q4 2014," published by Forrester Research, Inc. We are very honored by this recognition of our commitment to developing great products and our passion for creating delightful customer experiences. Yet here’s the thing: With leadership, you’re never resting. You have a huge responsibility to keep innovating and finding new ways to deliver value in the marketplace

Workday Podcast: What Matters to Retail Frontline Workers

Workday

Now, he’s back on the Workday Podcast to talk about why the first impression is more important than ever to the success of retail organizations. Human Capital Management Retail COVID-19 Workforce Planning Human Resources Workforce Development Workforce Planning & Analytics Podcasts

Why the Power of One Is Our North Star at Workday

Workday

Questions like, “What’s this Power of One concept Workday people are always talking about? How does the Power of One apply to a Workday acquisition, specifically when it comes to Adaptive Insights ?”. What’s Next for Workday Analytics and Insights. You might have questions.

5 Questions for Paul Hamerman on Financial and Workforce Planning

Workday

Hamerman, who will be our guest speaker in a July 18 webinar , answers five key questions that we believe organizations should consider when exploring workforce and financial planning approaches in today’s business world. . How are organizations using workforce planning to help their organizations grow and thrive in today’s economy? There are several established use cases for workforce planning and modeling capabilities. Paul Hamerman. Paul D.

Customer Voice: How Workforce Planning Supports Rapid Growth

Workday

Rapid global growth is never easy—but it can be much smarter and more efficient with workforce planning. In this article, Andrew Brett, financial accounting manager at Pinsent Masons, shares how the firm uses workforce planning to better manage growth—and the insights it’s gaining in the process. How do your business leaders think about workforce planning? Business leaders will often point out that their workforce is their largest expense.

3 Workforce Planning Tips for Project-Based Businesses

Workday

Face it: Personnel planning is never going to be super flexible if you’re stuck using static, error-prone spreadsheets. But if you swap out those clunky spreadsheets for the right business planning tool , scenario planning takes mere seconds and a few clicks of a button. The post 3 Workforce Planning Tips for Project-Based Businesses appeared first on Workday Blog. Planning Professional & Business Services workforce planning

Workday Skills Cloud: A Big Idea With Much More To Come

Josh Bersin on Enterprise Learning

In the Fall of 2018 Workday introduced the Skills Cloud , a new offering designed to help companies create a “skills ontology” that discovers the skills (and skill gaps) in your workforce.

How Customers Are Using Workday to Respond to COVID-19

Workday

I’m personally grateful for the countless individuals who are on the front lines of this crisis and thankful for the strong bonds we share in the Workday community of employees, customers, and partners. Yes, both Workday and our partners are.

Workday Podcast: How JOANN Helped Address PPE Shortage

Workday

In this episode of the Workday Podcast, Janet Duliga, chief administrative officer at JOANN, chats about how the company provided the fabrics people needed to stay safe when face masks were in high demand. You can find our other Workday Podcasts here.

Workday Podcast: Inside a Global Fintech Company’s Digital Transformation

Workday

I had a great conversation with Head of Information Systems Andy Robertson that we recorded for the Workday Podcast. How its deployment of Workday Professional Services will allow Alfa to fully realize the value of having finance and human resources in one system.

Workday Webinar Series: Finance Best Practices During Uncertain Times

Workday

In a two-part webinar series titled “Finance Best Practices During Uncertain Times,” Workday experts will provide insights on specific ways finance leaders can navigate their organizations through the COVID-19 pandemic and a difficult economy.

Workday Partner Tips: The Remote Workforce and COVID-19

Workday

Welcome to the Workday Partner Tips series. In this series, we’re sharing content from our partners that provides actionable guidance on managing your business and taking care of your workforce both during and in the aftermath of the COVID-19 pandemic.

Workday Industry Insights Europe: Building a Firm Foundation for Retail Human Capital Management

Workday

Wiehoff and Skeels shared what’s most important to them in an HR system, why they chose Workday HCM , and the benefits they’ve gained from it. With Workday HCM as the cornerstone, retailers find benefits across the business.

Workday Podcast: Slack’s VP of People on the Future of Work

Workday

In this two-part episode of the Workday Podcast, Dawn Sharifan, vice president of people at Slack, joined us to talk about remote workforce management in a crisis, and the new world of work. Part 1: Engaging at a Distance: Remote Workforce Management in a Crisis.

Workday Podcast: Schnuck Markets Models Agility in Crisis

Workday

In this episode of the Workday Podcast, Becky Fitzpatrick, director of HCM at Schnuck Markets, shares how the company has been responding to the crisis. How the chain is using Workday to ensure employees are placed in stores nearest their homes.

Workday to Acquire Adaptive Insights

Workday

In response, Workday has continually delivered against our unique vision of bringing planning, execution, and analysis together in one system. A large part of that strategy has been adding breadth and depth to our core finance product— Workday Financial Management —which continues to win over customers and lead the industry. Like Workday, Adaptive Insights puts employees and core values at the center of everything they do. Why is Workday acquiring Adaptive Insights?

Workday Podcast: Getting in on the Act with Active Planning

Workday

Making a plan isn’t typically the hard part, but sticking to it is. Today, technology can enable active planning, which is updated continuously and can guide the business. I talked to Kerman Lau, vice president of financial planning and analysis at Adaptive Insights, about active planning: what it is, why it matters, and what successful planning looks like. Listen on SoundCloud: Workday Podcast: Getting in on the Act with Active Planning.

A Successful Formula: Shorter Workdays, Happier Employees, Bigger Profits

TLNT: The Business of HR

HR Management HR News HR Trends Retention & Engagement Talent Management Workforce Workforce Planning Workplace Relationships FeaturedIn America, we take the fewest vacation days of any developed nation, work more than 40 hours a week on average, and 28 percent of that time is spent just dealing with emails.

Workday Podcast: Best Practices for Supporting a Flexible Workforce

Workday

Bill Gosling Outsourcing, a global customer communications solutions firm, was one of the many organizations that had to rapidly move from an on-site workforce to a virtual one. Listen on SoundCloud : Best Practices for Supporting a Flexible Workforce.

Workday Rising Daily: Workday Innovation Keynote and More

Workday

Workday Innovation Keynote: Supporting Customers in a Changing World. Taking the stage at Workday Rising on Tuesday morning, Workday Co-Founder and CEO Aneel Bhusri discussed the enormous impact the changing world is having on our customers. “We’re And we’re going to show you today how Workday can help you support your business during this very interesting and challenging time.”. Journal Insights and Workday Accounting Center.

Workday Partner Tips: Top Focus Areas for CFOs During COVID-19

Workday

Welcome to the Workday Partner Tips series. In this series, we’re sharing content from our partners that provides actionable guidance on managing your business and taking care of your workforce both during and in the aftermath of the COVID-19 pandemic.

The Rise of the People Strategy Platform

Visier

As BCG captures well in their paper, When people strategy drives business strategy : “Developing a people strategy was once a straightforward matter of figuring out how to create the best possible workforce to execute an already defined business strategy. These transactional systems cannot effectively answer strategic workforce questions, connect workforce decisions to business outcomes , or support future modeling and projections.

Workday Partner Tips: How to Build Operational Resilience to Strengthen Business Continuity

Workday

Welcome to the Workday Partner Tips series. In this series, we’re sharing content from our partners that provides actionable guidance on managing your business and taking care of your workforce both during and in the aftermath of the COVID-19 pandemic.

How Virgin Cruises is Setting a Course for the Future with Workday

Workday

Based in the Miami area, Virgin Cruises plans to design and build three new world class cruise ships, with the first expected to launch in 2020. To help the company prepare for its bright future, Virgin Cruises selected Workday, including Workday Financial Management , Workday Human Capital Management , and Workday Planning , to create a technology foundation that reflects the values and spirit of the Virgin brand during a period of rapid growth and innovation.

The Growth of Workforce Week, and Why It Matters Most Now

Workday

For the past five years, our Workmates have been giving back through an annual program called Workforce Week™. At its heart, Workforce Week is about coming together to help talented job seekers find meaningful, thriving-wage careers.

How to Recalibrate and Plan for a New Normal in Healthcare

Workday

As many finance executives have discovered, businesses urgently need an arsenal of robust, comprehensive, modern planning tools powered by real-time data, so they can plan, analyze, and execute like a market leader. And, when it comes to budgeting, forecasting, planning, and (lately) replanning, Redmon says the capitated model underlines the importance of both short- and long-term planning. “We Scenario planning often focuses on the company’s cash position.

How to Make Workforce Planning a Daily Practice

Workday

Global workforce planning was top-of-mind at the HR Tech Europe Conference, and also a discussion among customers at our recent Workday EMEA HR Executive Advisory Board meeting As we approach a new year, thoughts turn to how businesses can grow and develop their talent pools in 2014 and beyond.

3 Takeaways on Workday Planning

Workday

Today we announced plans to deliver Workday Planning , a new application that represents a significant step forward in our vision, and one that will have a big impact on both our Workday Financial Management and Workday Human Capital Management (HCM) customers. This is where Workday Planning changes things. At Workday, our customers’ needs are the number one priority. Workday Planning will be the Holy Grail for CFOs.

Research Preview: Unlocking Organizational Agility to Drive Digital Growth

Workday

Here are the five behaviors that are necessary for organizational agility: Enable Continuous Planning. The parts of the business that rely on revenue through digital efforts, in particular, require rapid and continuous planning cycles. The research found that dynamic planning helps organizations react quickly to changing market conditions and potential threats to the business. Upskill the Future Workforce. Going to Workday Rising ?

The Talent Analytics Market Heats Up With New Cloud Offerings

Josh Bersin

Workday Introduces Predictive Analytics: Workday Insights Applications The market for corporate talent analytics has gotten red hot in the last two years. Talent Analytics Talent Strategy Workforce Planning Almost every major organization we talk. Bersin & Associates, Leading Research and Advisory Services in Enterprise Learning and Talent Management.

Workday Podcast: The Power of Planning in Today’s Businesses

Workday

In today’s unpredictable world, business planning is a necessity. And its value is expanding beyond its original purpose of financial planning and analysis to include other critical areas of the business, such as workforce planning.

Analytics takes Center Stage at Workday Rising

Bersin

Workday Rising, the annual Workday conference for its customers and prospects was held in early November in San Francisco. Attendees heard from Workday executives on upcoming products, from current customers on their deployments and ensuing outcomes, and from vendors and systems integrators on the fit of their solutions with their Workday customers’ technology and implementation […].

AAA NCNU: On the Road to Planning Nirvana

Workday

We spoke recently with Dustin Cramer, vice president of financial planning and analysis at AAA Northern California, Nevada & Utah (NCNU), which provides automotive, insurance, and travel services to more than 5.7 Cramer shared his thoughts on the company’s new approach to budgeting and planning with Workday. How has the business landscape changed for AAA NCNU, and how has your Workday journey evolved?

Results From Our Global Research: The Future Belongs to the Agile

Workday

At Workday Rising last week, thousands of professionals gathered to peer into the future of the changing world of work. A global survey commissioned by Workday queried 988 C-Suite executives and leaders, a third of whom have finance leadership roles, about organizational agility. Most organizations, however, aren’t in a position to report such promising metrics—and it appears relying on slow, inefficient planning processes is at least partly preventing them.

Agility Is the Currency of Success

Workday

Not surprisingly, revenue projection, cost containment, workforce planning, and cash and liquidity management all suddenly emerged as primary concerns for more than half of 225 finance leaders surveyed between March and May 2020. Planning Innovation for a Changing World.