Old Mutual has gone live on Workday Human Capital Management to help it to fundamentally change its relationship with employees and win the war for talent.
Old Mutual is a pan-African financial services group that offers a range of financial solutions to retail and corporate customers across key markets in 14 countries. Established in Cape Town in 1845, it now employs more than 30,000 people.
“There is a need to strike a new social contract with employees to win the war on talent,” said Celiwe Ross, Director for Human Capital, Old Mutual. “Workday is helping us to completely rethink our people practices. We’re putting power in the hands of our employees and placing diversity and inclusion under a more focused lens. While we are still refining a few of our processes, from a people leader perspective, we now understand our employees much better; the support they need, and how best to manage work volumes across the employee base. Over the last year that has been invaluable.”
With one cloud-based system for human capital management, Old Mutual can provide managers with deep visibility and insights into their teams, which are often spread across multiple countries, enabling them to better measure performance, recognise and develop top talent, and align skill sets with roles. It is also improving workforce planning with real-time analytics and reporting that equips managers with robust, reliable data about their people and teams, and business leaders with clear insight into the entire workforce.
“Forward thinking companies like Old Mutual understand that digital transformation remains critical to their recovery from the effects of the last year and part of their strategy for future success,” said Zuko Mdwaba, Regional Country Director, Workday. “With Workday, Old Mutual is building a culture of agility and data-driven decision making that will help it to respond to challenges today and into the future. Having the best core business systems in place allows leaders to focus on moving the organisation and its people forward.”