Mar. 18--Lawson sees growth potential in talent management software -- Growth is usually a good thing. But for Commerce Bank of Cherry Hills, N.J., its fast growth was becoming a problem.
The regional bank's employee count had tripled in a decade, from 5,000 to 15,000, and it had 165,000 job applicants every year for positions in the 35 to 40 new branch banks it was opening annually, said Jo-Anna Rubin-Berman, vice president of human res urces. "We needed to quickly identify the best people for the right job," she said. So last year Commerce Bank took a chance on a test product from St. Paul-based Lawson Software, which was developing something the industry calls talent management software -- programs that help companies identify the skills of its employees and groom p omising workers for positions up the ladder.
The program helped the bank automate its recruitment process and link it seamlessly with software it already was using from Lawson. Full Story: