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Essay: Risk management

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  • Subject area(s): Management essays
  • Reading time: 7 minutes
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  • Published: 14 June 2012*
  • Last Modified: 23 July 2024
  • File format: Text
  • Words: 1,934 (approx)
  • Number of pages: 8 (approx)

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Risk management

1) Risk Management:-

    To be able to size up and effectively deal with any situation, even the most unexpected or unpredictable is necessary in today’s Private Security Industry. To minimize and limit the exposure of clients and civilians to whatever risks that may arise is the greatest test of the standards and flexible applicability of risk management today.

Cordon Securities has the know-how and skills across a wide range of risk management practices ranging from emergency management to asset protection.

Cordon Securities has conducted focused risk and security assessments and security concept development for a wide range of projects. We work with our clients from project inception through all stages of the operational cycles to maturity or decommissioning.

    a) Training:

Cordon Securities training consultants can build tailored packages to be held at a company’s site.

The following outlines a basic training process. An organized approach that ensures a direct and goal-oriented training process that remains fixed on the needs of the client(s). The process usually includes the following phases, but steps and procedures can be added or removed where needed:

  • Analyse the client’s needs and categorize training goals which, when achieved, will endow the students with the abilities necessary to meet the client’s needs. This phase also includes classifying when training should occur and who should attend as students.
  • Devise a training system that students and trainers can put into operation to meet the agreed upon learning goals. This usually includes classifying learning objectives, agreements upon necessary funding and facilities, learning material’s course content and the series of lessons that should take place.
  • Develop a selection of required resources and materials, including developing media content which can include various audio-visual formats, textbooks, guidebooks etc.
  • In the implementation the training program, which includes the delivery of the training program(s), garnering support group feedback, illustrating the training materials, overseeing tests being or to be implemented and conducting the final assessment.
  • Evaluation of the training program, including before, during and after the execution of the training program.

    b) Event Security Services:

Cordon Securities has the means to provide a highly qualified team of consultants with focused resources to assist the client(s) in the areas of event management as well as effectively manage broad-range and fully integrated risk, safety and security capabilities.

We employ modern project management principles and processes which have been proven on multiple projects in various locations all over the world. We make sure that there are no gaps in our communications and report to our clients throughout the project. Our project management belief is to remove unnecessary complications and provide simple, straight -forward solutions towards delivery of the final product.

In terms of Crowd Management, Safety and Security Cordon Securities will carefully and diligently plan the entrance and exit routes and provide crowd management plans and procedures to provide the best possible end results for the event(s) under consideration. Our planning methods make certain the correct distributions of personnel are deployed.

The Event Security Team specialise in:

    � Event Security Planning
    � Risk & Threat Assessments
    � Command, Control and Communications Planning
    � Security and Emergency Services Liaison
    � Operations Room Management
    � Event Scenario and Operational Readiness Exercises
    � Crisis and Disaster Management Training
    � Venue Evacuation Planning
    � Diplomatic Close Protection
    � Security Training

    c) Travel and Personal Security of Celebrity/VIP:

Cordon Securities offers a an assortment of services to meet the wide variety of travel and personal security challenges by making certain that staff are well prepared, receive access to security advice when travelling as well as having an emergency response capability in the event of a crisis.

  • � Travel briefings – country analysts and security consultants conduct individual or group travel security training and briefings to discuss itinerary specific risks to health and safety
  • � Personal security training – for people who may be at a particular risk due to their profile.
  • � Executive close protection – consultants can provide specific security advice in response to surveys or threats, and specialist close protection cover including the security co-ordination of overseas visits and meeting and greeting executives arriving in-country.
  • � Travel security consultancy – we help to develop and implement corporate travel security policies

    d) Risk and Threat Assessments:

Cordon Securities can provide organisations operating in a rapidly changing world with detailed analysis of the latest security developments and the implications to both operations and personnel.

Our intelligence analysts provide clear, comprehensive and concise reports. This objective analysis will enable companies to keep operating in complex and hostile environments where competitors may be reducing operations due to ineffective intelligence. The process can reassure staff, ensure business continuity and safeguard operational profitability.

Cordon Securities is at the forefront of political and security risk analysis with our tailored services defined to meet an organisation’s specific requirements.

    e) Security Planning and Management:

Cordon Securities provides a complete security management service for organisations operating in high risk environments. We can assist in developing, supporting and enhancing a company’s security structure.

Our security management programme includes:

    � Detailed reviews of existing security systems
    � Design input and development of security systems
    � Security structure audits and risk assessments
    � Recruitment, training and supervision of security guard forces
    � Protection of commercial information
    � Secure document disposal
    � Outsourced security services
    � Contingency planning to manage security-related incidents
    � Emergency evacuation

    f) Crisis Management:

Whilst it is impossible to predict the future with certainty, or prepare for every eventuality, well-rehearsed crisis management procedures can significantly reduce the impact of disruptive events. Failure to prepare could have a catastrophic impact on business operations.

Our proactive approach is to prepare all levels of an organisation, vertically from the Board to the workshop floor and horizontally across the business functions at the same time ensuring that management is fully conversant with their specific roles and practised in emergency and incident response procedures.

Our expertise in the area of crisis and incident management will assist in establishing the client’s risk appetite, aims and objectives, identify possible areas of weakness, analyse and evaluate areas of risk and vulnerability and prepare practical contingency plans.

The crisis management team areas of speciality are:

    � Crisis and incident management training
    � Contingency planning
    � Scenario design and testing

    g) Government and Project Management:

Cordon Securities wide-spread network also provides protection of government facilities while liaising with and providing necessary support to local enforcement agencies. Cordon Securities also handles government document and cargo transportation, ensuring its safe and secure delivery or arrival.

    h) Crime Prevention:

Cordon Securities works with local law enforcement agencies to implement customized steps and procedures to ensure the possibility of crime-free areas and neighbourhoods.

The procedures followed are to draw up the potential areas where criminal elements are likely to or have already holed up and then work towards their apprehension as quickly as possible.

2) Business Intelligence:

Reputational Due Diligence: Whether it concerns a pre-transactional Due Diligence, Pre-IPO Due Diligence, Self-Due Diligence, this service aims to gather information regarding the legitimacy and identity of the subject and to identify any potential risks to be aware of when associated with this entity.

Know-Your-Customer Enquiries: identifying any risks involved with accepting a new client. These enquiries are usually aimed at understanding customer’s sources of wealth, financial and political exposure, and ensuring the potential customer is not involved in any money-laundering activities.

Pre-Employment Screening: basic checks to ensure this individual is trustworthy, his resume is accurate and that there are no red flags to prevent this individual from being employed.

Market research: this macro-level research aims to elucidate the dynamics in a given market, such as by profiling key competitors, highlighting economic, political, military or social developments, or identifying particular risks to be aware of when entering this market.

    a) Surveillance – Mobile and Foot (Covert):

    In today’s highly unpredictable world, it is essential to keep an eye on your surroundings. Knowing where the possibility of a physical or projectile attack comes can determine the safety of a client.
    Cordon Securities highly trained and experienced personnel are able to make successful sweeps of the areas where a client(s) goes on foot, allowing them to blend into the surroundings or via secure armoured vehicles, loaded with the latest surveillance technology.

    b) Counter Surveillance and Counter Surveillance Training:

    Cordon Securities can ensure the safety of their clients who feel that they are being followed or feel unsafe even in the safest of environments by always being at arms reach whenever the client needs.

    c) Debugging:

    Any confidential meeting or conversation has the possibility of being spied on to gain valuable information. Cordon Securities provides debugging services where the entire location indicated by the client is thoroughly scanned for any audio/video bugs.

3) Maritime Services:

Cordon Securities personnel include former members of UK’s SBS (Special Boat Service), the counterpart to the USA’s SEAL Teams. They provide protection and security to clients aboard their private yachts as well during lengthy journeys at sea aboard ocean liners as clients’ bodyguards.

a) Oil and Gas:

Cordon Securities ex-SBS personnel provide Oil and Gas Corporations the safety and security necessary to operate on the high seas from the increased dangers of piracy to performing offshore oil platform security. They also have training in the areas of:

  • Country Political Risk Impact Assessments
  • Security Planning & Management
  • Asset Protection
  • Risk Surveys and Threat Assessments
  • Security and Safety Training

4) Transportation:

Cordon Securities chauffeur services personnel have received training in evasive driving techniques and guarantee to get our clients to their desired destination in the comfort and safety of armoured vehicles. But we also provide services in the other areas of transportation.

a) Aviation:

    Cordon securities personnel provide clients with the necessary close protection service when the client is travelling via plane by accompanying and making absolutely sure the client reaches his/her destination safely.

b) Rail:-

    Should the client desire to travel by train, Cordon Securities personnel will be nearby, surreptitiously blended into the background, to protect and assist the client when necessary.

c) Cargo:-

    Should the client desire to travel by train, Cordon Securities personnel will be nearby, surreptitiously blended into the background, to protect and assist the client when necessary.

c) Cargo:-

    Should a client require a special/confidential package to be transported to a specified/confidential location; Cordon Securities will courier it and ensure its safe delivery, following the client’s instructions to the letter.

5) Technical Equipment Supply:

Cordon Securities utilises the latest in technology acquired through its diverse range of suppliers.

The technology consists of the latest computers, microprocessors and encryption technology to the electronic sweeping technology to detect bugs that may have been planted.

6) Training Academy:

Cordon Securities is currently in the process of setting up a training academy run by highly qualified personnel, mostly former SAS and Military personnel to provide the new entrants with the necessary skills as well as the resources and connections to operate in today’s private security industry.

Interested applicants need not have any previous military training, but it would be helpful in the long-run, allowing them to move quickly through the courses offered by the academy.

The rules of the academy are iron-clad and must be followed to the letter, ensuring that the graduates are ingrained with a strict code of ethics that must never be compromised.

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