High-ranking officials and company executives live in the spotlight, making them huge targets for competitors, disgruntled employees, and other ill-wishing individuals. When key organization members feel unsafe in public places or even in their homes, it is difficult for them to perform their tasks effectively. Additionally, the safety of your executive staff could affect your company’s reputation. Therefore, planning for executive protection for your corporation is critical in ensuring the continuity and wellbeing of your business.

Executive protection involves safeguarding important members of an organization. A person is considered a high-ranking official depending on the nature of their job and role in the company. Hiring executive security for these individuals keeps the person and their families safe and safeguards key information and secrets. Therefore, you must seek and retain the services of a reliable security company.

Some of the reasons why executive protection is necessary for your corporation to include:

Provide Peace of Mind

The knowledge that a team of professionals is tasked to ensure safety and prevent unwanted situations is key in ensuring a person’s mental health. The slightest form of privacy invasion could affect a person’s attitude. Executives who engage in public spaces need assurance that the environment is safe for them. Having EP for your company executives helps remove an individual's thoughts from potential danger to the specific tasks for the organization.

Top-rated executives face all kinds of threats as they perform company-related duties and in their personal lives. Some of the threats that executive protection can neutralize are:

  • Angry protesters and crowds. Not everyone is satisfied or happy about your organization. Some companies operate in necessary controversy. When there is an issue with the public members, they will likely target top executives believing they are responsible for making key decisions in the business.
  • Kidnapping. The risk of kidnapping for ransom is high for companies dealing with huge sums of money or expensive commodities. The people who target your company often understand that these executives are highly valued, and the company may not move smoothly without their presence. Therefore, when they target a top-ranked official, they are sure that they will recover the amount they seek.
  • Extortion. A CEO or other executive officials hold key information about your company. When they are unsafe, this information spills over and can be used as an extortion tool.
  • Threats to families. EP is not only about the individual but also their families and other people close to them. When a CEO travels to another country, their mind may not be entirely focused on the company tasks when there is uncertainty in the safety of their family.
  • Political unrest. Both in the home state and during travels, your executive staff are at an increased risk in case of political unrest.

Executive protection comes in all forms. Whether you opt for armed guards, unarmed guards, or surveillance, a good EP team must always make your leader feel at ease. The important thing that your company should ensure when developing a protection plan for these individuals is that every aspect of their safety is well handled. A person with peace of mind works better and is more productive.

Safeguards Shareholder Investment in High Ranked Personnel

In most companies, executive protection comes with the territory of the specific person in the business. The prominence of a person plays a significant role in determining whether or not they need executive protection. A high-ranked leader in your company is at an increased risk internally and externally. When an executive works in a company that is controversial to the public, their lives are often known to everyone. If something happens to an executive official in your company, the company's success is jeopardized.

Many individuals are fascinated by different aspects of their lives as public figures, CEOs, or other important people in a corporation. When someone has an issue with the company, they are more likely to come after the top-ranked officials instead of low-level employees. When you partner with an executive protection service provider, they will conduct a risk assessment to determine the potential threat and thus place their staff in those areas.

When a company decides to seek executive protection, investor impact from an accident on the CEO and other highly ranked staff is key. If shareholder value could rise or fall drastically depending on the safety of the executive staff, you will want to ensure their utmost protection. Individuals with huge cash flow will be more attracted to invest in your business when they learn that you offer protection for all your leaders.

Protection of Organizational Competitive Advantage

Strategic management emphasizes protecting key information and company knowledge to maintain a competitive advantage. Recently, there has been increased coverage in the number of incidents where a company’s information is disclosed or leaked to its competitors. Knowledge leakage occurs when sensitive information such as business strategies, organizational knowledge, product knowledge, and client information ends up with unauthorized individuals.

Leakage can occur either accidentally or as a result of poor management systems. Additionally, operations that include outsourcing information or offshoring could unintentionally diverge information to the wrong individuals.

Protected information leaking outside your company could jeopardize your operations and scare away investors. The problem with securing company information has increased with the adoption of technology and different ways of passing information electronically. Leakage of crucial information could impact your organization, damaging your reputation and, most of all, competition from other firms in the same line of business. The cost of information breaches may affect the financial aspect of our business and give the competitors an upper hand.

The main reason for protecting high-ranked officials in an organization is because they are tasked with keeping the company secret. When there is a security breach on their person or their devices, leakage of company information is inevitable. When you protect the information about the company’s success, you prevent imitations from other companies and maintain a competitive advantage. Executive protection is not all about protecting someone from harm. Assessment of situations that could put their role in the company dangerous and preventing it is vital.

Enables Increased and Ease of Travel

Travelling is one of the main roles of high-ranked officials in an organization. When your company wishes to send out a representative to sell the business or make critical decisions for the company, executive staff are in the best position to carry out these tasks. Travelling can be challenging both physically and mentally. When the glamor of going to a new place wears off, the daily meetings, jetlag, and other hassles could take a toll on someone.

Additionally, being tasked with the burden of carrying the whole company on your shoulders is hard enough. An executive does not need to worry about their safety or their families while away. While networking outside the United States may do great for your company, the move can increase the risk of harm to the executive personnel.

Travel risks are higher in some countries than in others. Some countries have poor infrastructure, and travelers are more likely to suffer accidents or other attacks when moving through the country. The most important thing to note is that you can still travel to these countries and carry out the business meetings and marketing for your organization with a proper executive protection strategy.

Top-ranked leaders can travel more quickly when they know they are safe. Knowing that threats are neutralized and there is a team working to ensure smooth transitions makes them more focused on the tasks they seek to accomplish during their travels.

Increased Productivity

Whether at their home office or during travels, principals with executive protection have proven to be more productive with organizational work. With a good security team, an individual does not need to worry about the logistics of their travel or safety, and they can spend more hours growing and focusing on the business. The time that could be wasted at different travel destinations is an opportunity to hold meetings and prepare for other encounters.

Enablement by the security team reduces the irks and improves the principal’s concentration. Working with your executive personnel limits distractions and interruptions that may be inevitable during day-to-day activities. Dealing with different business activities while maintaining external and internal reputations.

Every organization works hard to establish a schedule of executive personnel flow. Such a move keeps the organization moving and controls the strategy to continue growing.

Executive Protection Neutralizes Oncoming Threats

Executive protection is not just about placing guards to ensure the security of a person physically. Prevention of security breaches is better than having to fight off the threats. Therefore, EP ensures that the risks are known to avoid uncertainties.

Risk assessment is a foundation of good executive protection programs. With professional protection for your executive staff, the security company you choose will conduct a vulnerability assessment to evaluate the potential threats that the person or other company staff may not easily notice. When there is little or no understanding of potential threats, putting up security guards may not bear much fruit in ensuring a person’s safety.

Effective risk assessment has a wide range of implications on executive protection programs, including:

  1. Risk assessment is key in defining the protection programs' coverage, scope and costs.
  2. With executive protection, the program's design is aligned with the specific needs of the particular individuals. An effective protection program will combine both surveillance and on-duty armed guards.
  3. Partnering with a top-notch company allows continuous and updated risk assessments to incorporate security measures.
  4. While identifying the risk and curbing them, the security companies can effectively find safer and easier ways for the executives to carry out their daily tasks.

While risk assessment must be a basis for safeguarding your high-paid executives, there is a gap in the assessment in many companies because of:

  • Lack of capacity. Most companies have no qualified staff to conduct a risk assessment. This is often difficult, especially when you want to send your high-ranked staff out of the country or area known to you. With executive protection, you will need to partner with professionals with the experience and knowledge to conduct the assessments.
  • Fragmentation. Although you may want to minimize and mitigate risks against your principles, it is common for companies to only focus on the safety inside their business premises and during company trips. Unfortunately, executives may be at risk of threats anytime, even as they go home from work or in their homes.
  • Principal pushback. Individuals who need executive protection in your organization may vary depending on the number of shares they own and their control over the business, among other factors. During a risk assessment, a professional can learn where the risk lies and recommend a way to neutralize these risks.

Maintain Good Morale in the Company

The morale among your employees and the staff at the company is key in keeping your organization on top. When the security of your top executives is jeopardized, there is potential for a negative impact on their employees. For example, if a company CEO is kidnapped, the other workers will always worry about their safety and may fail to focus on the company's work.

Maintain Professionals

Company executives are of high value to any organization. Mostly, officials working in your company may be in demand from your competitors, especially in cases where their performance is exceptional. The leaders make the most crucial decisions in the organization. If a person does not feel safe working for you due to the nature of the business or other outside factors, they cannot miss out on the opportunity to move to a safe working environment.

Building a trusting relationship with investors or others who want to do business with you is challenging if you cannot hold executives for long. When you establish an EP program, you’re to-ranked staff have fewer reasons to want to leave the company.

Avoid Negative Media Attention

Customer reviews and media uproar about your company could significantly affect its growth and ability to make a profit. You want your company to appear on media platforms since many people will learn of your products or services. The media is a great place to market yourself. However, when instances of unsafety are uncovered, the media will move the negative attention to your customers. Loss of customers can pull your business back. Additionally, these incidents discourage potential clients and customers from working with you.

If you have checked all aspects of your business and don’t seem to find the reason for your slow growth, it is vital to check the security strategies you have implemented for the executives. Partnering with a company that provides excellent VIP protection ensures that the leaders are safe and you maintain your reputation.

Protection of Trade Secrets

Trade secrets are a bloodline for many companies. A trade secret is any intellectual information subject to sale or licensing. Most trade secrets often derive independent economic value since they are unknown to most people. You must maintain confidential trade secrets, including product formulas, methods, lists, and business programs. In most companies, the executives are the only individuals with knowledge and access to these secrets.

A person motivated by greed, thirst for power, or money could come after your officials to reach this information. Therefore, formulating an EP strategy will not only provide physical protection but also protection of company secrets.

Provide Good Continuity

Incapacitation of a high-ranking member of your corporation or their sudden death can hugely disrupt the daily function of your company. Most decisions must go through these individuals before they pass. Additionally, critical decisions about the business cannot pass without the authorization of the executives. If VIP incapacitation is a result of a significant security breach, the company could suffer losses owing to loss of customer mistrust.

Executive protection involves preparedness for attacks, terrorism, or even medical emergencies. The team working with your executives receives proper training to ensure preparedness for all situations. Although executive protection does not guarantee that the leaders will never suffer incapacitation or death, the likelihood of such instances reduces dramatically with a good EP strategy.

Find a Reliable Private Security Service Provider Near Me

If you run a high-ranking corporation or business, the aspect of executive protection is a critical aspect of your business. Protecting and ensuring the safety of high-profile leaders and professionals allows them to function properly. Additionally, these individuals have access to key information about the business, and jeopardizing their safety may significantly affect the business. Threats to high ranking can come from unexpected sources. Therefore, providing executive protection means taking all measures to reduce the risk factors. One of the key steps you can take in ensuring executive protection is partnering with a security service provider.

At Green Knight Security, we will analyze different individuals in your business to determine who needs the security and where to place the guards for the executive staff. If you seek armed or unarmed security services for the executive staff in your corporation in Los Angeles, CA, you will need us by your side. Contact us today at 844-457-8326 to discuss your security needs.