INITIATIVES

Workday Initiatives allows companies to focus on all of the critical components that make a company successful: people, time, resources, and work. By bringing together all of these elements into a single unified system, management can gain insight into what makes a team or project successful, the areas of the company that are weak or struggling, and ways to improve overall effectiveness throughout the entire organization.

Unlike traditional bolt-on project or work management systems, Workday Initiatives is seamlessly unified with Workday Human Capital Management and Spend Management. As a result, companies can efficiently plan, staff, track, manage, and analyze what is really needed to accomplish its key initiatives.

With Workday Initiatives, you can:

Plan Work

• Model all types of work areas, including product development, projects, campaigns, client service delivery, grants, and more
• Establish budgets and estimates
• Establish a project of work plan with phases, tasks, and milestones to track progress over time
• Roll up multiple work areas under larger initiatives or work hierarchies
• Integrate to Microsoft Projects™, as well as other external Project Management and Project Lifecycle Management (PLM) tools

Staff Work

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• Seamlessly leverage worker profile data from Workday Human Capital Management
• Search for talent based on specific criteria such as job profiles, skills, and competencies
• View and compare worker profile information, including experience and qualifications
• Utilize talent pools for sourcing workers
• Staff project and work teams with available and qualified employees and independent contractors
• Review vacation and work schedules to ensure appropriate staff coverage

Monitor Costs and Progress

• Provide anytime, anywhere access to timesheets for all workers
• Track time by hours or percentage allocation
• Record labor rates for billable and non-billable time
• Capture expenses and purchase orders related to a project or work area
• View total current spend against planned budget as projects and work progress
• Proactively modify project and work plans, budgets and worker assignments as needed

Analyze Work Results

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• View current status of key initiatives, projects, and work areas at a glance with dashboard worklets
• Set a notification trigger if a specific condition or threshold is met
• Base worker pay-for-performance compensation and development plans on objective results of work performed
• Leverage outcomes to gain insight into ways to improve processes in the future

By utilizing Workday as your central system-ofrecord for the work being done in your company, you can increase visibility, improve efficiency, and draw real connections between goals, initiatives, results, performance, and rewards.