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study guide
No more pointing hands in this section: everything
is important and you are expected to understand all of it
to be prepared for the test
In the first half of the course
we learned about the wide range of serious problems confronting
the majority (but not all) of the companies in the private
security field:
- low salaries and non-existent
benefits
- extremely high (300% or more
annually) turnover
- as a result, lack of morale
and need to compete with companies such as Wal-Mart and McDonalds
for poorly-educated workers.
- poor training, which means workers
may not be prepared for risky situations
- lack of federal and/or state
certification and/or training standards
- inherently risky work
- the potential, especially for
those carrying guns, to precipitate a violent incident that,
because of guilt by association, result in massive media, legal,
and legislative scrutiny that could result in tight new standards
and collapse of the industry as we know it.
At the same time, we learned
that there are analogies, in companies ranging from coffee shops
to cleaning firms, that show it is possible for individual
companies to break with these historic patterns and distinguish
themselves from the competition by:
- offering quality services, not
just generic ones
- attract a higher caliber of
applicant by offering better pay, benefits, and empowering employees
- providing training
- as a result, being able to charge
a premium compared to competitors offering generic services.
In this half of the course, we
learned about a wide range of the specific activities that all
security companies must engage in:
Historically (and probably
to this day in a variety of security firms), factors such as:
- the difficulty of communicating
internally when that was necessarily largely limited to the phone,
person-to-person meetings, and written memos and procedures
- the hierarchical, top-down,
pyramidal organization structure in which senior management made
most decisions and these were simply passed down to lower levels
to execute -- without asking questions...
- an economy in which companies
tended to pursue a given business strategy for many years with
little or no deviation, and in which there were few external
factors other than direct competition to force them to change
those strategies
- few, if any, disruptive
technologies that fundamentally challenged the status quo
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