News and guidance on using data-driven insights to make better decisions.
The first half of 2023 has seen big changes in the labor market, with reverberating effects on the workforce including signs of decreased engagement. Based on metrics from the Workday platform—which shows more applications for fewer jobs and voluntary turnover declining by 20% compared to the same time frame last year—we’ve pulled together key trends and insights to help HR leaders chart their course for the near-term future.
We're in a different labor market, with fewer job requisitions and increased competition among job seekers. Read on to learn how to attract top talent and cultivate higher levels of employee resilience in this new environment.
Laura Newinski of KPMG, Juliet Grabowski of Boston Consulting Group, Sheryl Estrada of Fortune, and Workday Chief Diversity Officer Carin Taylor examine ways businesses can boost innovation, resiliency, and performance by creating more inclusive and supportive workplaces.
Senior leaders in people and technology at Southwest Airlines share the game-changing impacts of partnering with Workday.
Technology—including artificial intelligence (AI) and machine learning (ML)—will play a significant role in helping finance leaders retain talent, achieve accounting automation, and create value for the enterprise. Philippa Lawrence, chief accounting officer and vice president at Workday, lays out what she sees on the horizon.
Last year saw significant change for our customers, and those changes are reflected in how they used Workday products—specifically in hiring trends globally and by industry. Our findings, based on metrics from the Workday platform, provide insights into momentum around growing internal talent and what it all might mean for companies and job seekers in the year ahead.
An annual global sentiment study by the CFO Alliance found strong optimism among finance leaders at midmarket enterprises, a desire to invest in talent, and a drive to improve processes in order to achieve growth objectives.
Research from Workday shows how hospitality leaders can accelerate their digital strategy to plan for future success.
For businesses to remain competitive during times of uncertainty and transformation, understanding employee sentiment is critical. That’s where employee engagement software gives you the edge.
Leading healthcare organizations will continue to embrace hybrid work, AI, and ESG in the coming years, new research shows. Mutaz Shegewi, research director at IDC, discusses how new investments in digital technology will be crucial and shares what’s coming next in healthcare.
Finance leaders are increasingly relying on forward-looking and customer-centric key performance indicators to drive business success.
More than ever, successful finance leaders must think about how to improve organizational agility by integrating the right talent, tools, and technology to thrive in any economic climate.
The “Great Resignation” has slowed down, but employee burnout persists as retailers continue to try filling essential roles. In a recent study, “Empathy and Empowerment: The New Front-Line Experience” findings show, some leaders are blazing a hopeful path amid turnover woes.
Making change happen can be difficult, especially within the federal government. Marina Nitze, former CTO of the U.S. Department of Veterans Affairs, advocate for foster care reform, and author of the new book “Hack Your Bureaucracy,” discusses how she helped solve seemingly impossible challenges in governmental and private organizations to create lasting change.
People—perhaps the most important elements of ESG (environmental, social, and governance) transformation—are often overlooked. In this episode of the Workday Podcast, Andrea Walsh, global ESG and sustainability leader at consulting firm Korn Ferry, talks about how business leaders can help enable successful ESG initiatives.
Only 38% of professional services leaders say their organization is digitally well equipped to ensure business continuity in times of crisis. We talk with Workday’s Patrice Cappello and Justin Joseph to learn what this new research means and how organizations can accelerate their digital transformation to adapt to any change.
In our global survey, we found that CEOs are the most ambitious members of the C-suite when it comes to digital revenue targets, but poor-quality data holds back confident decision-making.
As organizations around the globe continue to ramp up environmental, social, and governance (ESG) efforts, the finance function is already taking the lead in creating and evaluating underlying processes. On the Workday Podcast, Brigham McNaughton, a partner at PwC, talks about ESG trends and what role finance plays.
While data may be free-flowing and abundant for HR leaders, there isn’t always a clear path to gaining real insights from it. Jay Chang, executive director of HR analytics at Comcast, joined us to talk about how the company uses Workday Prism Analytics to turn data into insights.
With President Biden’s executive order on workplace diversity, U.S. federal agencies have an opportunity to better attract, develop, and retain talent that “looks like America.” Dr. Gina Guillaume-Joseph, CTO of government at Workday, joins the Workday Podcast to share how government leaders can improve their DEIA initiatives.
A whopping 96% of college students say a high-quality digital experience is important to their campus satisfaction. Experts from Accenture and Workday recently partnered to explain what this means for the higher education industry’s future.
Our survey found that only 38% of financial services leaders are confident in their ability to make data-informed decisions in real time. Workday’s Pete Rutman discusses what this means for the industry and its digital growth.
The best CFOs understand the need for advanced technologies—and teams skilled in using them—to deliver better insights that strengthen the business and create value. Learn how finance leaders can map out a successful future for their organizations.
To survive (and thrive) in a fast-paced world, retailers must invest more than ever in the power of data and insights.
At Workday, we believe understanding employees’ skills is essential to operating a business and imperative for the future of work. We’re introducing next-generation technology that amplifies the impact of Skills Cloud, helping our customers strengthen their foundation as a skills-based organization.
Next-generation finance professionals face an increasingly complex set of expectations. Philippa Lawrence, vice president and chief accounting officer at Workday, describes what successful accounting teams will look like going forward.
Workday’s finance and strategy leaders spoke with Boston Consulting Group on how finance at Workday has evolved to support our growth, and the lessons other finance leaders can learn through their approach to data and cross-functional collaboration.
As U.S. federal agencies respond to a sweeping executive order on workplace diversity, real-time data and a broader definition of workplace inclusion will be critical to establishing sustained equity.
The Workday Partner Innovation Awards honor select services and software partners for their commitment to powering our customers’ success by extending key Workday solutions.
Learn how three industries are driving the “last mile of industry innovation” with the right cloud partner.
What should enterprises be thinking about when gearing up their sustainability reporting efforts? Specialists from PwC and Workday share some of the data and organizational considerations in Conversations for a Changing World, a digital event.
Organizations everywhere understand they must do more to take a disciplined approach and prove tangible progress in hiring, retaining, and promoting diverse talent—while also fostering a culturally aware workforce. In a recent webinar, HR leaders discussed how providing real-time data on businesses’ progress can help, pushing leaders to take direct, timely action to create a more diverse workplace.
CFOs at Broadridge, DocuSign, and Trivago have relied on their diverse professional experiences to lead during the pandemic-related uncertainty of the past few years. They spoke about their priorities during a recent Fortune virtual event.
Learn more about how the pandemic has impacted the risk of employee attrition in different industries and regions based on a sample of over 1 million employees across 250 organizations worldwide.
We spoke to David Somers, Workday’s group general manager of product for the office of the CHRO, and Phil Chambers, general manager for Peakon, to hear about Peakon’s new name, our vision for it, and why listening to your employees has become so critical.
Larry Fitzgerald and Peyton Manning discuss what constitutes championship-winning leadership—including integrity, adaptability, and vision—at Workday’s Conversations for a Changing World.
Skills are the currency of the modern organization, and companies have the opportunity to add value and objectivity to every practice that involves skills data. Guest author and HR thought leader Ben Eubanks shares his insights.
We’re proud to share that we’re expanding our collaboration with Microsoft through a new Microsoft Viva Connections integration that will be available later this year. In this article, Josh Lannin, vice president of employee experience technology at Workday, shares insights on what customers can expect from this beneficial integration.
The pandemic has required many employees to juggle online meetings with their roles as caregivers. Are businesses providing the support caregivers need? A recent global report reveals how employee expectations have evolved.
Every person should feel valued for the work they do and the unique perspectives they bring. With the VIBE Index, we want to help equip organizations with the tools they need to build stronger, more inclusive workforces.
To move the needle on diversity, equity, and inclusion efforts, companies must define it as part of their business strategy and hold leaders accountable, according to research shared by thought leader Josh Bersin.
At our recent digital event, an IT leader at Netherlands-headquartered trading firm IMC spoke about how the ability to unlock data has served their customers, even while facing unprecedented business disruption.
Finance is being asked to provide more frequent guidance than ever before and must shift its focus from delivery of core financial processes to providing guidance and strategic partnership across the enterprise—a shift made possible by accelerating digital initiatives and the cloud.
The Workday Partner Industry Innovation Awards honor industry-specific solutions from our services partners built on top of Workday Prism Analytics and Workday Adaptive Planning.
Keith Lohkamp, senior director, healthcare industry strategy at Workday, talks with Ray Wang, principal analyst, founder, and chairman at Constellation Research, about technology trends and strategies healthcare organizations are adopting to keep up with industry standards and adapt in the changing world of healthcare.
Banks and insurers need to know how unprecedented disruption impacts customer behavior, and consequently, the business. This article, the first in a two-part series, explores why combining operational and finance data is essential for business insights.
Digital transformation comes in different forms, and for many organizations, “rip and replace” isn’t an option. Barbara Larson explains how Workday’s enterprise finance solution empowers finance teams to deliver business insights and strategic planning within multi-system environments.
Disruption is no longer a dark cloud on the horizon. It’s present and fully accounted for, and banks are transforming their planning operations with agile solutions so they can chart a course for growth—no matter what weather lies ahead.
The second installment of our global survey, “Organizational Agility: The Roadmap to Digital Acceleration,” found that the pandemic has forced business leaders the world over to take a hard look at what they’re doing right, and what needs improving inside their own organizations.
Technological advances, ever-increasing customer expectations, and smarter, data-driven decision-making put pressure on finance teams to find new ways to operate with agility. But how do you plan in a way that allows you to respond to such events, from the predictable to the unlikely?
