In this moment, excerpted from the full-length interview with Bob Evans, Kae Arima, Vice President, Finance, Strategic Planning, Workday, explains how Workday’s Adaptive Planning enables continuous planning, which result in more agile processes.
00:08 — The notion of continuous planning is something that is frequently discussed at Workday. However, the idea is to not always be planning and adjusting; the idea is to create a more agile plan, one that can adjust with the business. “That’s really the spirit behind continuous planning.”
00:35 — Tools like Workday’s Adaptive Planning can help build out that agility and “planning muscle,” explains Arima. Once that capability is in place, it yields greater benefits in terms of less manual work requirements. The ability to plan faster enables an overall lighter planning process throughout the year.
01:13 — With a smoother, more agile plan in place, Arima says that the plan itself carries more weight — it is a part of the business and changes with the business. “It becomes a tool that you can use to see further out, to give your teams more lead time to react…it really changes the conversation.”