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2Transforming Business Agility: How Workday Empowers Organizations to Thrive with Workforce OptimizationTable of ContentsIntroduction: Navigating Workforce Restructuring in an Era of ChangeKey Priorities for Successful Workforce RestructuringThe Workday Solution: An Agile Platform for Empowering ChangeCustomer Success Stories: Accelerated AcquisitionsConclusion: Empowering Confidence in Workforce RestructuringThrough Workday 3471011 3Transforming Business Agility: How Workday Empowers Organizations to Thrive with Workforce OptimizationIntroduction: Navigatingworkforce restructuringin an era of change.Today’s businesses are faced with unprecedented levels of change, includinga volatile economy, shifting workforce expectations, and a growing reliance ondata and technology. Each of these fluctuating business conditions requiresthe critical capability to transform and meet the moment. For a businessto thrive during times of unpredictability, it must have proven and reliablemethods for adapting to change.Nowhere has this skill of adaptability been shown more necessary than inthe wake of a growing season of mergers and acquisitions (M&A). Chapter 11bankruptcy filings reached an eight-year high in 2024 as a result of changingeconomic conditions that many businesses did not weather.1Throughout the M&A process and ongoing restructurings, there is a strategicimportance to get things right, including large workforce restructuring effortsthat are critically necessary yet risky. Organizations will struggle duringthis phase because they lack the tools and visibility into their workforcedata—information that is essential for making timely and informed decisions.Traditional manual planning tools make the job disorganized and unproductive.Sometimes, the technology we rely on for day-to-day HR functions is noteffective in managing a diverse, distributed workforce. These systems havebeen designed to follow singular processes within the rules of complianceand regulation, which can make them inflexible to change.* HiredScore is a Workday company. This is where Workday comes in.Workday is a unified platform built for agility and empowering leaders to turncomplex circumstances into opportunities. Leveraging tools such as WorkdayPrism Analytics, Workday Planning, Workday Extend, HiredScore* and WorkdayHuman Capital Management (Workday HCM), businesses gain access to real-timeinsights that support change, scale, and greater confidence.In this eBook, we’ll explore the common challenges organizations face duringworkforce restructuring and demonstrate how Workday plays an important rolein providing access to data for informed decision-making, strategic agility, andlong-term success in a post-restructuring organization. 4Transforming Business Agility: How Workday Empowers Organizations to Thrive with Workforce OptimizationSpeed: Accelerate workforcerestructuring pre- & post-close.Timing is a critical element in achieving success from a merger and acquisition.Long and drawn-out workforce restructuring increases the risk of failure due tolost momentum, employee uncertainty, and missed opportunities.Why employees must feel supportedduring change.Employees are six times more likely to be engaged at work when theyrecognize organizational support and feel psychologically safe.Workforce restructuring projects can take significant time from end-to-end,involving multiple roles and employee groups. This time-consuming effortbecomes even more constrained by the limits of manual data collection,siloed systems, and static reporting tools that can’t keep pace with changingbusiness needs.Workday transforms the process.Workday delivers automation to reduce the time and effort required to extract,cleanse, and analyze workforce data. And, when it comes to adjusting rolestructures, reassigning teams, or communicating changes, the flexibility ofWorkday enables you to act decisively without lengthy development delaysor complex integrations.Workday supports teams throughout the M&A process, enabling them to moveforward with time-saving efficiency. Key priorities forsuccessful workforcerestructuring.Successfully navigating the complexities of workforce restructuring can leadto future growth, increased efficiency, and a more organized enterprise.If unsuccessful, it can derail entire operations and lead to dissatisfiedemployees and increased resignations.To achieve a smoother transition, leaders should focus on five key priorities:1Speed and efficiency2Attainment of synergies3Minimized disruption to business operations4Retention of critical employees5Shaping the culture of the resulting company 2 5Transforming Business Agility: How Workday Empowers Organizations to Thrive with Workforce OptimizationMinimized disruption tobusiness operations:Continuity through change.While leadership maintains a focus on long-term integration goals, day-to-daybusiness operations must keep running smoothly. After all, customers willstill expect service, and partners will