Charm Diamond Centres takes top management award

by eyetee | March 3, 2008 12:00 am

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A family-owned retail jewellery chain is the winner of Canada’s 50 Best Managed Companies for 2007.

With a focus on supporting employees and a reverse organizational structure that places the president at the bottom of the chart, Charm Diamond Centres credits part of its success on its corporate culture.

“Our initial goal was to create a company free from hierarchy and where the values, thoughts, and ideas of each and every employee mattered,” said company president and chief operating officer (COO) Troy Calder.

“Our corporate culture is one that builds and develops its members with mutual respect. We’re extremely proud to receive this particular award because it reflects the corporate culture we have worked diligently to cultivate.”

Chief executive officer (CEO) Richard Calder opened the company in 1972. He was the recipient of the 2007 Ernst & Young Entrepreneur of the Year Award (Atlantic Region), in the business-to-consumer products and services category. He also received a 2007 Ernst & Young national citation for retailing excellence.

Headquartered in Dartmouth, N.S., Charm Diamond Centres has more than 600 employees at 67 stores located in the Maritimes, Ontario, Alberta, and Saskatchewan.

The retailer is a major user of Canadian diamonds and carries Glacier Fire, its exclusive brand, along with three others.

Source URL: https://www.jewellerybusiness.com/news/charm-diamond-centres-takes-top-management-award/