By Francis D'Addario, CPP, CFE
Emeritus Faculty Lead, Strategic Innovation, the Security Executive Council
Security’s organizational value starts with risk mitigation performance. Community and organizational risk resilience is enabled by proven and sustainable security practices. Tangible and intangible security value perceptions principally rely on our ability to cost-effectively identify and mitigate known and evolving hazards.
Tangible or “valued-business-partner” judgments are qualified and typically measured when we manage injury and asset loss mitigations within budgetary constraints. P&L-neutral or better results begin to grow security’s value equity. That’s when our return-on-investment (ROI) is 100%; for every dollar invested, we return a dollar in prevention, injury or asset loss avoidance, optimized costs or assets recovered. Our equity grows with net contributions (more than 100% ROI).