Lumen Business Solutions Blog
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Lumen Business Solutions is a multidisciplinary, integrated software agency. We have over 25 years of experience in building tailored software solutions for businesses of all sizes. As well as this we provide comprehensive coaching and training to companies to help them use our solutions effectively.
Lumen Business Solutions Blog
2d ago
Blog
Addressing Organisational Thickening: Strategies for Executive Leadership
Ilan Gross
26 April 2024
Understanding organisational Thickening Introduction to Organisational Thickening
Organisational thickening poses a significant challenge as companies evolve, characterised by increased resistance to change and scepticism towards new data. This issue can severely impede a firm’s adaptability and innovation, affecting its competitive edge and operational efficiency.
Resistance to Change: Symptoms
Decreased Agility: The reluctance to adopt new methodologies or technologies results i ..read more
Lumen Business Solutions Blog
5d ago
Blog
Rethinking CRM Pipeline Prioritisation: Common Mistakes and Superior Strategies
Ilan Gross
22 April 2024
Understanding CRM Pipeline Prioritisation: Why Change is Needed
Are you confident in how your organisation prioritises its CRM pipeline? Many companies believe they are on the right track, but often, they rely on outdated or superficial methods that don’t truly align with their strategic goals. It’s time to look beyond conventional methods and adopt a more effective approach.
Common CRM Prioritisation Mistakes That Limit Business Growth
Traditional CRM pipeline prioritisatio ..read more
Lumen Business Solutions Blog
5d ago
Blog
Mastering CRM with Moneyball: A Strategic Guide for Sales Success | Lumen Business
Ilan Gross
22 April 2024
What is Moneyball?
Moneyball is a revolutionary approach to team management and player evaluation that originated in baseball. Popularized by the Oakland Athletics under the leadership of Billy Beane, it leverages advanced statistical analysis to uncover undervalued athletes. By focusing on metrics like on-base percentage and wins above replacement, rather than traditional statistics such as batting averages and RBIs, Moneyball allows teams to assemble competitive rosters on ..read more
Lumen Business Solutions Blog
1w ago
Blog
Understanding the Risks of Solely Relying on Data-Driven Decisions | Lumen Business
Ilan Gross
16 April 2024
The Risks of Relying Solely on Data-Driven Decisions
In the era of big data, making decisions based on metrics and analytics has become commonplace. However, while data-driven decision-making can provide significant advantages, it is crucial to recognize its limitations and potential pitfalls. In this post, we’ll explore why relying solely on the data organizations have might not always lead to the best outcomes. A critical question always to ask is: What about the data we d ..read more
Lumen Business Solutions Blog
2w ago
Blog
Distinction Between a Problem and Its Cause: A Key to Effective B2B Sales
Ilan Gross
9 April 2024
The Distinction Between a Problem and Its Cause: A Key to Effective B2B Solutions
In the realm of B2B sales, distinguishing between a problem and its underlying cause can often blur, leading to misdiagnoses and ineffective solutions. Understanding this distinction is crucial for delivering solutions that not only address the immediate issue but also resolve the underlying cause, ensuring long-term success and client satisfaction.
Distinguishing Symptoms from Diseases
Many organ ..read more
Lumen Business Solutions Blog
2w ago
Blog
Innovate to Win: Lessons in Competitive Strategy from Jack Welch
Ilan Gross
9 April 2024
Unlocking Innovation: Embracing Jack Welch's Legacy for Competitive Advantage
An invaluable lesson from the storied tenure of Jack Welch at General Electric (GE) resonates deeply with the ethos of Lumen Business. Welch, renowned for steering GE through an era of unprecedented growth from 1981 to 2001, left behind a legacy marked not just by financial success but also by his innovative management strategies.
The Danger of Homogeneity
Recognizing Echo Chambers
One of Welch’s pivotal insight ..read more
Lumen Business Solutions Blog
1M ago
Optimizing B2B Content: In-House Team Strategy for Cost-Effective Excellence
Building an In-House B2B Content Team: A Cost-Effective Strategy for High-Converting Content
In the competitive world of B2B marketing, the quest for high-converting content often leads businesses to seek out top-tier freelance writers. While the allure of hiring a high-end writer is strong—given their ability to craft content that resonates deeply with customers and converts—the cost ($700 for 1,000 words and above) can be prohibitive. Moreover, relying heavily on a single or a few expensive freelancers can pos ..read more
Lumen Business Solutions Blog
1M ago
In today’s digital landscape, businesses seek technologies that drive growth and efficiency. Generative AI stands out, offering solutions that transform operations and decision-making across sectors. This blog presents “10 Ways Generative AI Can Help Enterprises,” detailing how this technology enhances processes like proposal generation, communication, sentiment analysis, and content creation.
Generative AI is reshaping industries, from B2B enterprises needing detailed market analysis to retail giants focusing on customer retention. Whether streamlining legal research or automating custome ..read more
Lumen Business Solutions Blog
1M ago
How to create a B2B Positioning Strategy with Lumen
In the complex and ever-evolving world of business-to-business (B2B) markets, finding a distinct and effective positioning for your brand is akin to navigating a labyrinth. With the marketplace crowded and competitive, establishing a clear, differentiated position is not just challenging but crucial for survival and growth. Lumen’s innovative approach to B2B positioning is designed to tackle these challenges head-on, offering a path to not just survive but thrive in this dynamic environment.
The Essence of B2B Positioning
At its core, B ..read more
Lumen Business Solutions Blog
1M ago
Introduction:
CRM Implementation vs. Strategy: Navigating Success in Customer Relationships
In this post, we’re tackling two crucial components of customer relationship success: CRM implementation and CRM strategy. While they might sound similar, they play very different roles in a business. Implementation is all about getting your CRM system up and running smoothly, focusing on the technical side of things. Strategy, however, is the game plan for using that system to really connect with your customers and grow your business. We’ll dive into what each entails and how balancing both can lead ..read more