Celebrating Small Business Month: The SMB Journey to Growth and Innovation

How can small and midsize businesses (SMBs) thrive in a rapidly changing world?

In recognition of Small Business Month, we’re highlighting all things SMB in this edition of #TomorrowsWDAY. As we celebrate the resilience, innovation, and achievements of SMBs, join us on a journey to explore insights tailored to empower and inspire leaders.?

Tag a small business that inspires you in the comments, and read on for valuable insights to fuel your business growth and success.

First, let's demystify what small and medium-sized enterprises (SMEs) are and their crucial role in our economy. SMEs, often interchangeably referred to as SMBs, play a pivotal role globally, characterized by their employee count, revenue, and assets, which vary across regions and industries. Understanding your classification can significantly influence your business strategy. Learn more about SMEs and their global impact.

SMB Trends

SMB Group's Laurie McCabe and our own Indy Bains discuss top technology and workforce trends for SMBs in our latest #WDAYChats.?

Check out the three most common challenges SMBs face and how we can help you navigate and solve them.

AI isn't just for the big players. Learn how your SMB can leverage AI to optimize operations and enhance decision-making.?

Adopting new technology can be a game-changer for SMBs. Explore five strategies for successful technology deployment that reduce risk and drive growth and innovation.

Dive into the IDC FutureScape Worldwide Predictions Report for an expert perspective on the top ten technology trends set to shape SMBs in the next five years.?

Workday for SMBs

There's a common misconception that our solutions are tailored exclusively for large enterprises. However, this couldn't be further from the truth. In fact, over 75% of our 10,000+ customers have fewer than 3,500 employees. Our unified platform for? finance, HR, planning, and analytics is designed to meet the unique needs of SMBs , helping them thrive in an ever-changing business environment.

We believe in the power of small and midsize businesses. Our AI capabilities have been central to our platform for nearly a decade, helping organizations like yours transform the way work... works.?

Looking to grow your business but uncertain about the future? Watch our demo to find out how you can focus less on running the business and more on innovation.

Thriving with Workday: Real SMB Success Stories

Learn how WilsonHCG unleashed the power of talent worldwide by streamlining operations and enhancing their analytics capabilities.

Discover how Apex Capital kept truckers' cash flowing and rigs rolling by optimizing their finance and HR processes.

Explore how streamlining acquisitions with a unified set of data has transformed Teranet’s business operations, paving the way for more strategic decision-making and growth.

SMBs carry optimism and a focus on talent into 2024

Explore the latest insights for SMBs in Insperity’s Business Outlook Report 2024 . Leaders are focused on keeping their best talent, making sure employees are engaged, and building a strong company culture. Areas of improvement to keep pace with the changing world of work include upskilling employees, flexible work arrangements and embracing AI.

In the backdrop of these insights, our strategic partnership with Insperity emerges as a significant development. Through our future joint solution—combining Insperity’s premium service with Workday Human Capital Management—we plan to offer businesses the features and ease of implementation to improve the likelihood, degree of and speed of their success.

Stay ahead of the latest trends and insights for the future of work. Subscribe to #TomorrowsWDAY to be notified of the latest editions.