Four out of five security officer programs face significant budgetary pressure
A recent practitioner poll by the Security Executive Council, a research and advisory firm, found that while a majority of uniformed security officer programs face budgetary pressure from executive management, many security leaders still do not use metrics to show the value of these programs.
94 percent of respondents have experienced requests to reduce uniformed security officer budgets, the poll shows.
“Contract security is often a very large ticket item on any company’s P&L, unavoidably drawing the attention and sometimes scrutiny to a company’s annual spend,” said Heather O’Brien, SEC content expert faculty and former Southeastern Regional President for Universal Protection Service, LLC, in a prepared statement.
However, results also show that many security leaders aren’t doing all they can to protect or optimize those threatened budgets; nearly 30 per cent of respondents provide no reports on officer activity, improvement or performance quality.
According to O’Brien, “Utilizing the right quantifiable key performance indicator (KPI) metrics can illustrate the effectiveness of your security program and demonstrate your return on investment on every security dollar spent. The results can be powerful in the C-suite when defending your security budget. Meaningful KPIs are also an excellent tool for managing your contract security provider and driving guard force optimization.”
Full results of the poll can be found here.