The Company
Important products from a smartly managed company
Genmab A/S is a biotechnology company that creates and develops human antibodies for the treatment of life-threatening and debilitating diseases. Genmab has numerous products in development to treat cancer, infectious disease, rheumatoid arthritis and other inflammatory conditions, and intends to continue assembling a broad portfolio of new therapeutic products.
The streamlined process Genmab uses to coordinate product discovery, manufacturing, pre-clinical testing, clinical trial design, data management and regulatory submissions has enabled the company to achieve remarkable results in a very short amount of time. The company primarily targets the US and European markets, and is listed on the Copenhagen Stock Exchange (CSE) part of the Nordic Exchange.
Genmab was founded in 1999 and, until they decided to implement MindKey HCM, dealt with HR related tasks either manually or with the help of spreadsheets. After only seven years, however, Genmab now employs over 300 people internationally, so it’s neither practical nor economical for the HR department’s four Danish employees to continue to work with these limited tools.
Focus Areas
MindKey™ HCM is the logical choice
“After looking at several HR solutions and their providers, it was obvious that MindKey HCM and MindKey Group A/S were the most logical choice,” tells Jørn Duhn from Genmab. “We based our decision partly on their product’s ability to quickly resolve administrative HR tasks, and partly because it offers us the strong strategic HR toolset we’ve been looking for. And when it comes right down to it, we believe that MindKey Group, as a company, suits us well. It’s a young and dynamic organization that can grow and develop alongside us.”
”But perhaps what really separates MindKey HCM from other solutions is its straightforward, intuitive user interface. Our policy is that human resource management is largely the responsibility of each manager, and therefore it’s critical for us that our people can easily use and benefit from the application without the burden of learning yet another IT system. MindKey Group’s logical, Microsoft Outlook-based solution is tailor-made for the way in which we work with human resources."
Simplified administration and strategic development
”Ordinary activities and administrative routines just plain took too long to accomplish, which diverted time away from important tasks such as employer branding, recruiting, pension management and planning, establishing human resource policies, orientation activities, education, training, and so on.
”MindKey HCM isn’t just an administrative tool. The solution also offers powerful talent management features, such as effective gap analyses that give middle and top management a fast way to identify the talents we have available to address a specific strategic objective, and those that we’re lacking,“ says Jørn Duhn.
”Talent management is a key strategic area for today’s businesses. This is especially true for highly-specialized biotech companies like Genmab.”
Combined HR and IT management made the decision easier
It might be rare for companies to give a single director the combined responsibility for HR and IT, but this is just what Genmab has done and it gave them a clear advantage when looking to find an IT solution to serve its HR needs.
”It didn’t take us too long to convince our IT chief,” says Jørn Duhn with a smile. “But we knew exactly what we wanted, and the need was becoming dire. Right now we’re in the process of updating our HR strategy, and MindKey HCM fits perfectly into our plans,” concludes Jørn Duhn.
Benefits
This is why Genmab chose MindKey HCM:
- Administrative tasks are simplified, reducing time expenditure on less important manual work.
- Employment applications are on-hand and easily retrieveable.
- Instant, real-time access to operational information, including professional groups and salaries
- Comfortable user adoption helps push human resource data collection tasks out into the organization
