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The Value Of Private Security

Submitted by doc511 on December 10, 2006

Category: Miscellaneous
Words: 846 | Pages: 4
Views: 343
Popularity Rank: 26,918
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The Value of Private Security Management to Businesses

James P. Hogg

University of Phoenix (Online Campus)

Introduction to Organizational Security and Management

SEC-310

David D. Cornely, DM

November 5, 2006






















Abstract

The value private security management brings to businesses is not limited to the

intangible feeling of safety and security in the workplace. While this is certainly an

important aspect that may lead to increased employee performance by reducing

unsafe conditions, the value of private security management can also be measured in

dollar signs. Through the use of the return on security investment formula (Barr, 2004),

business managers can understand the implications an effective security program has on

profits. This paper will explore both the tangible and intangible value of private security

management to businesses.




























The events of September 11, 2001 (9/11) brought attention to the seriousness of the

threat Americans face and the consequences of inadequate security measures. As the

human toll was being calculated, one can imagine that affected businesses were also

calculating the loss of personnel, revenue and other assets. Then followed the bio-

terrorism scares...

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