No matter what news source you access, it is likely that they are talking about the looming economic recession. If you are like most business owners and decision-makers, you find it pretty distressing. However, Eyeforce Remote Guarding Solutions recommends businesses consider physical security as a business driver that can help weather the storm.
The Economy Can Impact Your Security Posture
In a predictable business environment, business owners and leaders use economic trends data to develop short- and long-term organizational strategies. However, a down or unstable economy can drastically change economic and competitive conditions. In worst-case scenarios, this can send many businesses into a financial tailspin, forcing a swift reaction to reduce losses. Often this reaction includes reducing critical staffing or hours of operation, which can, in turn, reduce their security posture. Such drastic moves result in an unfortunate domino effect— reduced staff and operational hours result in reduced productivity and increased crime opportunities. Both ultimately lead to losses that can put a business at even more risk.
No matter the industry or type of facility, it makes sense to consider how physical security can help you continue to thrive even during a recession.
Shifting Focus
Times of economic downturn bring many additional potential challenges, and every business should consider the full spectrum of challenges that could affect the safety and profitability of the company.
Some of these may include:
- Decreased budgets
- Rising operating costs
- Diminished profitability
- Increased theft
- Reduced sales
- Greater competition
- Changing public sentiment
- Having to reduce staff
Prioritize Security Spending
When making decisions about security during a recession, most organizations concentrate on identifying their most significant risks and solving those challenges. However, for security technologies to serve you most effectively, especially during a recession, it is just as critical to consider where the greatest opportunities can be found.
Solving Security Challenges
During a recession, physical security solutions such as intrusion detection, access control, and video surveillance and monitoring all gain greater importance in preventing loss and protecting the already diminishing profitability. These technologies undoubtedly solve problems such as reducing theft and fraud, preventing intrusion and vandalism, and reducing the risks of harm to employees, customers, and building occupants. But as budgets tighten, companies should look to their security solutions to do more than manage risks.
Strategic Advantages of Physical Security
One of the most exciting things about today’s physical security technologies is their potential to be a business driver. In an economic downturn, you can leverage security technologies to provide insights that can help improve operational efficiencies, reduce costs, and enhance customer confidence. When used as a business tool, it is possible to help increase profitability regardless of the state of the economy.
Here are a few of the advantages:
- Identify inefficiencies
- Manage multiple properties at once
- Improve operations
- Improved knowledge management
- Improved resource allocation
Remote Guarding Solutions
The Eyeforce Live Remote Guard and Patrol system is the security solution you can depend on. This is true live monitoring where a dedicated operator keeps eyes on live video and can provide real-time audio intervention. Rather than just detecing and recording, Live Remote Guarding stops crime before it happens.
- Augment onsite guard services
- Reduce security spend
- Eliminates human error factors
- Real-time monitoring
- Same technology used by the Department of Defense
- Event-focused to prevent crime before it happens
About Eyeforce
Eyeforces is a leading video monitoring company serving companies nationwide. Our remote video monitoring capabilities excel where traditional alarm monitoring companies fail. This is made possible with our full range of the latest and greatest in proactive video monitoring innovations that are specialized in preventive surveillance of areas with critical assets. For more information, Call Eyeforce at 888-393-3672
