Still Standing
April 30, 2008
Before I became a LUCRUM employee I heard a lot of rumblings about LUCRUM . My friends in the business were concerned about the mistakes LUCRUM had made in the past and the challenges that we faced moving forward.
When confronted with that, I asked my peers and I will ask you – what technology firm isn’t facing these challenges? Who do you know that hasn’t lost money in one of the last 10 years? Is there a group out there that hasn’t had layoffs, turnover or tremendous organizational shifts and changes?
I sure can’t think of one right now, I am betting not many of you can either.
But all this change is ok. Change isn’t comfortable for a lot of people but it is OK. One thing LUCRUM can proudly say after 15 years in this crazy industry is that WE are still STANDING.
Go back through your old contacts. I bet you would be shocked to see how many places that were well known in the industry 10 even 5 years ago that don’t even exist any longer!
I know of several firms that bit the dust. I was actually employed by one of them. THAT firm was one of the great ones in Cincinnati during the mid to late 90’s.
THAT firm had a growth rate of 50% per month for a very long time. Anyone that worked there made a lot of money and we were very proud to tell others where we were employed.
Where is THAT firm now? Well the first iteration has LONG been gone. After a multitude of acquisitions and name changes and leadership turnover THAT firm declared bankruptcy.
Within a blink of an eye our stock plummeted from 80 dollars a share to just around 4 cents a share. Just last week the second coming of THAT firm failed again and abysmally at that.
So as an employee or a client or a potential client please remember that LUCRUM survived. We survived the .com implosion, the 9/11 catastrophe, the Iraqi war (God Bless our Troops), the downturn in the economy and the exponential increase in foreclosures. We survived.
As a LUCRUM employee, I have a great place to come to work every day. LUCRUM hasn’t been through a dozen name changes or had a multitude of mergers. LUCRUM still has clients that have been with the firm for 15 years. THESE ARE GOOD THINGS!
So, whenever you wonder how is LUCRUM? Remember this – LUCRUM is still standing strong – 15 years and counting!
Comments
One Response to “Still Standing”
Got something to say?
Latest Headlines
Recent Comments
Polls
Loading ...
Excellent points Christy! I would like to add that through all of the changes that LUCRUM has made, one thing remains constant…we are all dedicated to our customers. What has always made me most proud of LUCRUM is the way everyone is encouraged to provide value add solutions to our customers. We don’t make any recommendations just to get more billable hours. We all strive to make our customers’ business stronger, more efficient and/or more profitable. I’m really proud to be a LUCRUM employee.