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JEWELLERY FORUMS
From the National Association of Goldsmiths
designers//makers//retailers
The London Jewellery Forums from the National Association of Goldsmiths offer an innovative and proven way for designers, makers and retailers to improve their businesses. The Forums in London are funded by the City Fringe Partnership, who have secured financial backing from the London Development Agency to implement the Jewellery Sector Investment Plan (JSIP) a regional programme aimed at revitalising and improving the competitiveness of the jewellery industry. The Forums provide business advice, practical guidance, ideas and inspiration.
The London jewellery industry has a reputation to be envied. But while individual businesses may be world-class in their field, they can be hampered by a lack of understanding of the key factors determining success. Moreover, they may have only their own limited experience to go on when making decisions: far better would be to gain from the shared experiences of their peers. Though fascinating and rewarding, the jewellery trade can be an isolating one - surely a danger given the importance of communication and market awareness to business success.
designers//makers//retailers
In 2005, the National Association of Goldsmiths set up the first Forum, a group of eight forward-thinking jewellery professionals who meet six times a year under the direction of Mike McGraw, an experienced business consultant. Chosen by the group, the themes covered in the meetings are many and varied, from harnessing the benefits of technology to improving customer service, from staff recruitment to effective marketing. Forum members make a commitment to share information, confident that nothing said in a Forum meeting in passed on.
designers//makers//retailers
In an atmosphere of mutual respect and confidentiality, Forum members discuss their challenges, describe their experiences and openly discuss their hopes and aspirations for the future. Without exception, members find the meetings to be extremely informative, commercially valuable, highly inspirational, motivating and, indeed, liberating. As part of the JSIP the Forums are being , extended beyond the membership of the National Association of Goldsmiths to designers, makers and retailers working in the boroughs of Camden, Islington, Hackney and Tower Hamlets (the City Fringe).
designers//makers//retailers
I have been a Forum member for two years and the experience has been incredibly positive. Being able to discuss business issues with like-minded, experienced jewellery professionals has helped my business in practical ways which have led to increased sales and to my becoming a better businessman.
Running a jewellery business requires you to focus on the day-to-day. The Forum gives you a chance to pause for a day and find out what challenges other people are facing and how they have dealt with them. It has also made me more aware of modern management practices which every business should adhere to.
I would recommend the Forum to anyone in the jewellery trade, indeed in any business. Members have someone to turn to, a sounding board for ideas, and a valuable second opinion. No business can hope to thrive without expert support. The Forum gives that in spades and in a way that is a highly efficient and enjoyable.
We have undertaken research in Hatton Garden to learn what the most pressing issues are facing London jewellery designers, makers and retailers. We are convinced that Forum membership can contribute significantly to their overcoming the barriers to greater business success.
- Forum facilitator Mike McGraw, Development Initiatives Ltd
We at the National Association of Goldsmiths are delighted that the City Fringe Partnership, through the Jewellery Sector Investment Plan, is funding the London Jewellery Forums, a concept we developed three years ago that is now benefiting our members. While there are many management issues that affect all businesses, we in the jewellery trade face some specific challenges that can best be faced together, by sharing information and learning from one anothers experiences.
Michael Hoare, chief executive, N.A.G.
There are many extremely talented and successful people in the London jewellery trade but there are also many highly talented ones who do not enjoy all the success they deserve. The London Jewelley Forums is a unique, highly cost-effective opportunity to focus attention on the business of being in business. We cannot promise that the Forum will answer all the questions, but it does ensure the vital questions will be asked, which is a good first step to greater business success.
Mark Aldlestone, chairman, N.A.G. and MD of Beaverbrooks
The City Fringe Partnership is committed to increasing economic and social inclusion in the area to the north of the Square Mile via its City Growth approach. Through its private sector-led Board, and the CFP encourages business development in sectors key to the City Fringe economy and provides training and employment opportunities to local people that are designed by the industries themselves. www.cityfringe.org.uk
For more information about the London Jewellery Forums and joining details, contact: Samantha Adam, Forum Co-ordinator National Association of Goldsmiths, 78a Luke St London EC2A 4XG. Tel: 020 7613 4445; Fax: 020 7613 4450 email: sam@jewellers-online.org www.jewellers-online.org