Global Research Results: Companies Report Stronger Performance When They Embrace Agility

At Workday Rising this year, thousands of professionals gathered to peer into the future of the changing world of work. They heard about innovations and initiatives aimed at, among other things, helping organizations become more adaptable and responsive. global survey

Companies report stronger performance when they embrace agile ways of working: breaking down bureaucracy, eliminating data and process silos, building a workforce with modern skills, and prioritizing technologies that evolve along with them. In fact, those companies are 10 times more likely to react to shifts in the market with agility and speed.

Of course, this requires building a culture of agility. But this is about much more than just corporate mission statements. Workday’s research found that in the next five years, half of all finance leaders plan to upskill at least half of their workforce. In the workforce of tomorrow, executives will also look for new ways of thinking. For instance, one in three finance leaders say they will look to hire and develop workers who possess an ability to identify and manage risk. One in four will seek employees who demonstrate the cognitive agility needed to contend with constant change, and who can produce creative ideas and utilize lateral thinking to solve problems and grow the business.

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