A poor economy forced many organizations to make the tough decision to lay off employees in the past few years, and even harder decisions about which ones to let go. Some beleaguered companies resorted to two or three workforce reductions a year. Long past the point of “trimming the fat,” every additional layoff decision felt like cutting into bone.
Yet there's plenty of evidence indicating many HR and business managers didn't have the right tools to make the best decisions about whom to let go to limit impact on current operations, while retaining or even hiring new talent that would best support often required changes in business strategies.
In other words, they didn't have actionable analytics.
Business-Driven Talent Management >>
- Leighanne Levensaler, Vice President, HCM Strategy
HR consulting firm Mercer recently released a study showing that employers plan to make changes to their talent programs as the economy emerges from the recession.
Workday was started with a very simple premise: We can do better. The company founders set out to build a brand-new business services company that could serve organizations more effectively and with less burden than traditional ERP systems. In order to succeed, Workday needed to throw out all of the assumptions that turned ERP into a huge, complex, and piecemeal solution that no longer meets business needs. Workday would have to start from scratch.
Software as a Service (SaaS) is a new software delivery model that allows companies to reap the benefits of enterprise class software without the burden of supporting traditional ERP solutions. With Workday, customers appreciate several key advantages from the SaaS delivery model.
On-premise ERP systems cost much more than their initial price suggests, and can be extremely difficult to predict ongoing costs or the level of service you'll receive from your systems. Workday offers a predictable subscription pricing model that includes all the necessary services to help maximize the productivity of your workforce. Don't just buy software—maximize your investment with Workday.
Workday strives to be a different type of company. Here are 10 ways we have committed to making our customers successful.