b'TABLE OF CONTENTSAUGUST 2021 2208 By Frank DallahanThe Pareto Principle Revisited 12 By Bill Boyajian Embracing the Succession-Planning Process 23By Larry Spicer16 A Data Breach Can Cost Your Jewelry Business MillionsHeres What You Need to Know20 By Gloria MaccaroniCurate For Your Customer 2226 By Vince RathCan You Really Motivate Your Employees?28 By David BrownReorders and Your Inventory Levels44 By Abe Sherman24Todays Potatoes45 New & Noteworthy50 Advertisers Index COVER: The cover model is wearing 14K jewelry Tube Hoop Earrings, Paper Clip Chain, diamond rings and Diamond Bangle, Paper Clip, and ID bracelets from MIDAS. MSRP for the featured pieces range from $220 - $3,490. For more information visit MidasChain.com141 Hawkins Pl Get Real Time Metal Prices,Boonton, NJ 07005Publishers:Andrew Kohler 973-263-2498 ext 18andy@theretailjeweler.com News, and Updatesevery dayEdward Coyne 908-637-8461edcoyne@theretailjeweler.com at www.TheRetailJeweler.comFrank Dallahan 267-229-2475frank@theretailjeweler.comThe Retail Jeweler is published eight times per year January/February, March/April, May, June, July/August, September, October and, November/December by TRJ Publishing, LLC. 141 Hawkins Pl., Boonton, NJ 07005. TRJ Publishing LLC is not responsible for errors, omissions or typographical errors. Advertisers are solely responsible for the content and accuracy of their advertising.Copyright 20103 TRJ Publishing LLC All Designed, Produced andRights Reserved. Subscriptions: $4 per copy; $32 per year.Printed in the USA4 | The Jewelry Business Magazine'