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An overview of Business Security
Proprietary or Contracted
Presentation Outline
Security Concept in Business
• General Security Concept The prevention of and protection against assault, damage, fire, fraud, invasion of privacy, theft, unlawful entry, and other such occurrences caused by deliberate action.
• Corporate Security Concept It refers to the practice of protecting a business‘ employees, physical property and information systems.
• Supply Chain Security Concept It refers to efforts to enhance the security of the supply chain, the transport and logistics system for the world's cargo. It combines traditional practices of supply chain management with the security requirements driven by threats such as terrorism, piracy, and theft.
Contemporary Security Concept in Business• Contemporary Security does not limits to protection and
prevention only. • In today's global business environment, security must be the top
priority. The functions of security cover largely in managing Business Continuity. Failure to such can have financial and management changing impacts upon an organization.
• What Is Business Continuity?Business continuity encompasses planning and preparation to ensure that an organization can continue to operate in case of any level of incidents or disasters and is able to recover to an operational state within a reasonably short period.
Crimes Affecting The Business
• Employee SafetyEmployee Crime
• Crime by OutsidersNon-Employee Crime
• Target for CybercriminalsCyber Crime
Security Issues Facing a Company
• Proprietary InformationInformation Security
• Movement of Raw Materials from Receiving to ShipmentSupply Chain Security
• Safeguard FacilityPhysical Security
• Employee ProtectionPersonal Security
• Protect Employees Against Potential Dangers to Their HealthHealth Hazards
Business Continuity
Affects Directly
Assaults and Vandalism
Theft of Goods
Threat to Business Continuity
Electronic Theft
Corporate Espionage
Loss of Access
Legal Liability
Consequence of Poor Security in Business
Business Continuity
Types of Security Providing Source
• Police or Govt Law Enforcing Agencies Security police are those persons, employed by or for a governmental agency, who provide police and security services to those agencies' properties and in large scale employed for enforcing the laws of land in area of responsibility.
• Proprietary Security Proprietary security is a type of security used by the owner of the business. Proprietary Security will include complete responsibility for the hiring, firing, and management
• Private Security Company A private security company is a business corporation, which provides armed and unarmed security services and expertise to private and public clients.
Comparison between Proprietary Security and Contracted Security
S/N Consideration Points Proprietary security Contracted Security
1 Control of Quality Greater control by the management Less control of Quality
2 Consistency Better consistency Less consistency
3 Policy and Procedure Company directors can determine the policies and procedures for the security staff
Contracted company has its own policy and procedures
4 Immediate Control Can take immediate action in case of any lacking of security duty
Not possible, as contracted company reserves the right of action against his security staffs
5 Command and control Better command and control for in-house staffs
Less command and control as its been controlled by third party
6 Training and Supervision Guards can be trained well as per business standard
Inadequate training and supervision
7 Dedication More dedicated Dedication is less
8 Loyalty or Ownership Better loyalty or ownership Less loyalty and work commercially
9 Confidentiality Protect confidentiality Threat to loss business confidentiality
10 Familiarity in Specific business needs
Guards can be trained and be familiar as per business requirement
Training cannot be possible as per different business needs
11 Supply Chain Security Provide better supply chain security Lack of training is weakness in supply chain security
Comparison between Proprietary Security and Contracted Security
S/N
Consideration Points Proprietary security Contracted Security
12 Communication Enables better communication Better Communication13 Response to Fire Incident Act as quick response team Response is not sufficient14 Balance in behavior Can be trained well to balance in
behaving different types of employee
Training is difficult to balance employee behavior
15 Customer service and response times
Greater Monitoring Less Monitoring
16 Cost Cost increases in worker benefits and compensation
Cost increase as per contractual deal
17 Flexibility of Personals Less flexible More flexible in replacement18 Management Needs special management Management is done by
contractor19 Training and Recruiting Needs manpower Training and recruitment is
done by contractor20 General Administration Needs manpower Administration is maintained by
contractor21 Payroll Staff are considered additional
employees on the company's payroll
Staffs are maintained in contracted company's payroll
www.dbl-group.com
Various Contractual Services to a Company
• HR Consultancy FarmHR & Payroll
• Financial Consultancy FarmFinance
• Security CompanySecurity
• Rent-A-Car CompanyTransport
• Hospital and ClinicMedical
Overall Cost
Control
Consistency
Effectiveness
Liability
Loyalty
Management
Quality of Training
Factors Affecting Selecting The Type of Security
The role of security is to improve a business and the protections, quality, and future performance
The most important and valuable business assets should be guarded encompassing maximum Quality ,Loyalty and Control
Thank You