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Mistakes Aren’t the End of the World

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A mistake handled professionally is a great opportunity to learn.

Why it is true: Some mistakes are infinitely more critical than others, but most can be proactively resolved.

Plan of action: Sit down with the offender and ask, “What happened?” Listen carefully and try not to interrupt. Ask open-ended questions. Let the employee recognize the seriousness of the issue and determine a solution to ensure it will never happen again.

Source: Dave Richardson


This article originally appeared in the February 2017 edition of INSTORE.

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Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.

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Tips and How-To

Mistakes Aren’t the End of the World

mm

Published

on

A mistake handled professionally is a great opportunity to learn.

Why it is true: Some mistakes are infinitely more critical than others, but most can be proactively resolved.

Plan of action: Sit down with the offender and ask, “What happened?” Listen carefully and try not to interrupt. Ask open-ended questions. Let the employee recognize the seriousness of the issue and determine a solution to ensure it will never happen again.

Source: Dave Richardson


This article originally appeared in the February 2017 edition of INSTORE.

Advertisement

SPONSORED VIDEO

Closing With Confidence: How Bailey's Fine Jewelry Achieved Outstanding Results With Wilkerson

When Trey Bailey, President and CEO of Bailey's Fine Jewelry, decided to close the Crabtree location in Raleigh, North Carolina after 15 years, he knew the decision needed to be handled with intention and professionalism. The goal was clear: exit the location while maintaining financial strength and honoring the store's legacy. Having worked with Wilkerson successfully in the past, Bailey understood the value of their comprehensive approach. "They understood both the emotional and financial sides of the store closing sale," Trey explains. "Their reputation for professionalism, results and care made it a very easy decision." The results exceeded expectations. Wilkerson helped Bailey's sell through significant inventory while maintaining the dignity of the closing process. "They don't just run a sale, they help close a chapter in the best way possible," Bailey says, strongly recommending Wilkerson to any jeweler facing a similar transition.

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