About ENCORE Award
The Entrepreneurial Company of the Year Award was created in the late 1970s by the Bay Area Chapter of the GSB Alumni Association when they saw an opportunity to recognize the entrepreneurial spirit of the companies springing up in the Silicon Valley. The first honor was given to the CEO of ROLM Corporation in 1977.
Although the award was originally designed to honor an individual, it soon became clear that a company’s success was based on the contributions of many people. Accordingly, the award was changed to the Entrepreneurial Company of the Year in 1982. Additionally, the scope of the award has been widened to recognize best in class entrepreneurs from throughout the world and is no longer limited to Silicon Valley.
Chosen as the 41st annual ENCORE recipient, Workday, makes enterprise software that runs critical operations for half of the Fortune 50 and more than 35% of the Fortune 500. The company prides itself on having a relentless commitment to customer success, outspending competitors on R&D, and creating a forward-looking culture.
Workday was chosen not only for its stunning financial performance and leadership position in enterprise cloud applications for finance and human resources, but also for its story as a founder-led, start-up-to-success story emblematic of the spirit of the ENCORE award.