Latest news with #Workday
Yahoo
15 hours ago
- Business
- Yahoo
Why companies are leaning into skills-first, AI-enabled employment models
Good morning. As AI continues to revolutionize business, companies are fundamentally rethinking their workforce strategies for the decade ahead—and exploring new options. This topic came up during a panel session at the Fortune Brainstorm AI Singapore conference last week. Jess O'Reilly, Workday's general manager for the ASEAN business, reflected on how a major Southeast Asian bank is considering a skills-based approach to employment. 'I was in Thailand a couple of weeks ago with a huge bank, and they're really looking at their 10-year strategy and saying, 'We don't even know if our people are going to have a traditional full-time job anymore,'' O'Reilly said. Instead of planning around fixed job roles, the bank is considering pivoting to what it calls a 'skills economy.' Here, every project or initiative is treated like a gig assignment—team members are chosen for their specific skill sets relevant to the project at hand. What's particularly notable is the bank's approach to continuous learning and reskilling. O'Reilly explained that there's always room for someone new to build their skills within these project teams. For example, the bank might set aside 1% of a project team for employees looking to reskill—people who say, 'I don't have these skills yet, but I have experience in adjacent areas and I want to learn.' By doing so, the company ensures that fresh talent is constantly cycling into critical roles. O'Reilly posed the question: How do we use AI not just for automation, but as the backbone for identifying and matching skills with project needs? She argued that AI can help organizations inventory existing skills, identify opportunities, and make it easier to create space for upskilling and onboarding new talent through gig-style projects. Perhaps a gig-based workplace would also inject variety into the day-to-day. And many companies are considering moving away from job-centric structures and toward a skills-focused approach, according to Deloitte's report, 'Becoming an AI-enabled, skills-based organization.' The firm finds that companies integrating both AI and skills-based approaches will be better positioned to predict talent gaps, improve talent placement, retain high performers, and reduce mis-hires. AI and skills-based approaches could also mean that entry-level positions aren't eliminated by automation—instead, new hires would be selected for specific skill sets that can be expanded and developed. Skill requirements for jobs are constantly changing, noted Peiying Chua, head economist for APAC at LinkedIn, during the panel session. 'For entry-level workers, this presents the opportunity to upskill and work on different sets of abilities—to build human-centric skills, agility, and creativity,' she said. Sheryl This story was originally featured on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Workday, Inc. (WDAY) Launches Subsidiary for U.S. Government; Partners with Seattle University
Workday, Inc. (NASDAQ:WDAY) secures a place on our list of the . On July 14, 2025, Workday, Inc. (NASDAQ:WDAY) was selected by Seattle University as its partner. The university will integrate its HR, finance, and student data across seven colleges and two campuses through the company's Human Capital Management, Financial Management, and Student systems. This step will ensure modernization of the student experience with mobile-friendly tools and provide real-time insights to the university, driving smarter decisions campus-wide. Meanwhile, Workday, Inc. (NASDAQ:WDAY), on July 10, launched a subsidiary for the U.S. government, supporting modernization efforts across federal agencies. The subsidiary will tailor the company's secure, AI-driven cloud platform to meet the government's needs. With the successful implementation of its platforms in the Departments of Energy and Defense already, WDAY is strengthening its footprint in the government's tech landscape. Serving global corporations, universities, and now, government entities, Workday, Inc. (NASDAQ:WDAY) offers AI-driven enterprise cloud applications, particularly for finance, HR, and student segments. It is one of the best ESG stocks. While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and Top 10 AI Infrastructure Stocks to Buy Now. Disclosure: None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
3 days ago
- Business
- Yahoo
Workday, Inc. (WDAY) Launches Subsidiary for U.S. Government; Partners with Seattle University
Workday, Inc. (NASDAQ:WDAY) secures a place on our list of the . On July 14, 2025, Workday, Inc. (NASDAQ:WDAY) was selected by Seattle University as its partner. The university will integrate its HR, finance, and student data across seven colleges and two campuses through the company's Human Capital Management, Financial Management, and Student systems. This step will ensure modernization of the student experience with mobile-friendly tools and provide real-time insights to the university, driving smarter decisions campus-wide. Meanwhile, Workday, Inc. (NASDAQ:WDAY), on July 10, launched a subsidiary for the U.S. government, supporting modernization efforts across federal agencies. The subsidiary will tailor the company's secure, AI-driven cloud platform to meet the government's needs. With the successful implementation of its platforms in the Departments of Energy and Defense already, WDAY is strengthening its footprint in the government's tech landscape. Serving global corporations, universities, and now, government entities, Workday, Inc. (NASDAQ:WDAY) offers AI-driven enterprise cloud applications, particularly for finance, HR, and student segments. It is one of the best ESG stocks. While we acknowledge the potential of WDAY as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 14 Cheap Transportation Stocks to Buy According to Analysts and Top 10 AI Infrastructure Stocks to Buy Now. Disclosure: None. Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Time of India
5 days ago
- Business
- Time of India
Pioneering the predictive enterprise: Santhosh Kumar Maddineni's global footprint in workday innovation
In the rising tide of global digital transformation, where the workforce has become as dynamic as the markets it serves, Santhosh Kumar Maddineni has emerged as a pioneering architect of tomorrow's Human Capital Management (HCM) landscape. With mastery over Workday HCM and integration solutions, Maddineni is not just automating HR processes — he is reimagining them for a borderless, intelligent, and predictive enterprise world. Armed with a rare blend of systems thinking and global sensibility, he has built and deployed some of the most forward-thinking frameworks in enterprise HCM. From compensation models deployed across 58 countries to machine learning-driven dashboards for attrition prediction and payroll governance, his innovations aren't just functional — they are transformative. His approach rests on a single, powerful belief: that modern HR systems must do more than serve — they must foresee. This vision materialises in a range of novel solutions, including a Unified Payroll Intelligence Dashboard (UPID), a Smart Leave Optimisation Engine, and native AI extensions embedded into Workday's architecture. These systems not only process data — they anticipate anomalies, forecast trends, and recommend actions in real time. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Seniors Are Snapping Up This TV Box, We Explain! Techno Mag Learn More Undo One of Maddineni's most influential contributions lies in his redesign of tax documentation within Workday. Using Business Intelligence and Reporting Tools (BIRT), he eliminated formatting chaos in W-2 and 1095-C reports, built localisation-ready templates, and introduced automated distribution systems adaptable to U.S., Canadian, and European regulatory landscapes. This solution has since become a reference framework for global Workday consultants grappling with multi-jurisdiction compliance. Maddineni's architectural genius is also evident in his Workday Studio integrations, seamlessly connecting Workday with a number of platforms and third-party APIs using XML, JSON, EDI, and REST protocols. The result: frictionless, secure, and scalable cross-platform ecosystems. Among his most celebrated innovations is a Compensation Statement Generator, which automates eligibility logic, transforms document structure, ensures audit readiness, and delivers personalised views — all within one intelligent module. Deployed by leading firms in finance, biotech, and IT, this solution solves one of the most persistent communication gaps in HR systems: transparent, secure, and customised compensation communication. Beyond technical brilliance, Maddineni is an intellectual voice in the global HRIS community. With more than 20 published research articles on Workday integration, predictive modelling, and HCM automation, his thought leadership is widely cited in academic and industry circles alike. He serves as an editorial board member and peer reviewer for top-tier international journals and frequently chairs panels at global HR technology summits. His academic journey — from a Bachelor's in Electronics and Instrumentation Engineering at Amrita School of Engineering to a Master's in Computer and Information Sciences from Southern Arkansas University — laid the foundation for a career defined by data, discipline, and innovation. Across his professional journey spanning Otis, OneSource Virtual, Roswell Park, Maxim Integrated, and RELX, Maddineni has delivered strategic HCM transformations that cut across geography, regulation, and business verticals. From multilingual benefits enrolment systems to behaviour-informed leave planning, from payroll standardisation to AI-guided attrition modelling — his work is not just innovative; it is foundational to the future of global enterprise HR. As organisations worldwide pivot to AI-first strategies, Santhosh Kumar Maddineni's contributions signal a new age of Human Capital Management — one that is novel in design, global in scope, and intelligent at its core.
Yahoo
5 days ago
- Business
- Yahoo
What to Expect From Workday's Q2 2025 Earnings Report
With a market cap of $64.4 billion, Workday, Inc. (WDAY) is a leading enterprise software company based in Pleasanton, California. It offers cloud-native solutions for human capital management (HCM), financial management, planning, analytics, and ERP across industries such as technology, healthcare, education, government, and finance. WDAY is set to report its Q2 earnings on Thursday, Aug. 28. Ahead of the event, analysts expect WDAY to report an EPS of $0.80 per share, up 116.2% from a profit of $0.37 per share reported in the year-ago quarter. It has exceeded or met analysts' earnings estimates in two of the past four quarters, while missing on two other occasions. More News from Barchart 2 Recession-Proof Dividend Stocks to Buy for the Second Half of 2025 UnitedHealth Stock Spirals Lower Again. Don't Buy the Dip. Auto Revenue Keeps Plunging at Tesla. Should You Buy the TSLA Stock Dip or Run Far Away? Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! For fiscal 2025, analysts expect WDAY to report an EPS of $3.51, up 107.7% from $1.69 in fiscal 2024. Moreover, in fiscal 2026, its EPS is expected to grow 36.2% year over year to $4.78. Over the past year, WDAY shares climbed 8%, underperforming the S&P 500 Index's ($SPX) 17.3% gains and the Technology Select Sector SPDR Fund's (XLK) 21.1% returns over the same time frame. On July 10, shares of Workday fell more than 4% after Piper Sandler Companies (PIPR) downgraded the stock from 'Neutral' to 'Underweight,' citing valuation concerns and potential near-term growth headwinds. The firm also lowered its price target to $235, suggesting downside from current price levels. Moreover, analysts remain highly bullish about WDAY stock's future prospects, with a "Strong Buy" rating overall. Among 37 analysts covering the stock, 24 recommend a 'Strong Buy,' three suggest a 'Moderate Buy,' nine advise a 'Hold,' and the remaining analyst gives a 'Strong Sell.' WDAY's mean price of $296.59 implies a premium of 25% from its prevailing price level. On the date of publication, Kritika Sarmah did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
