You're out with the guys watching Steph Curry clean up during the NBA Finals. The announcers are fawning over the Golden State Warriors' impressive run through all of 2015 and 2016. They cut to a shot of the 2015 NBA championship ring.
Your friend says, "Couldn't they come up with a better prize for these guys than a gaudy ring?"
You jump in and explain the astonishing symbolism and craftsmanship behind every detail of NBA championship rings for the last six years.
Jaws would drop. Rings suddenly don't seem like such a "lame" prize anymore.
An employee at your jewelry business continues to arrive late to his shift. After a month of this occurring and no change in behavior, you decide that it's in your best interest to fire this person.
Now, did you just make an effective management decision, or commit a misguided human resources error that could potentially cost your business hundreds of thousands of dollars?
As a member of the jewelry industry, you have a responsibility to protect your business 24 hours a day, seven days a week.
However, with so much focus on your business, have you neglected the security of your home? With off-premises dollar losses rising according to the Jewelers Security Alliance, home security tips for jewelers should now be a staple in your security plan.