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Highlights and Lowlights of the Past Two Decades

by Edna Runnels Ranck
March/April 1998
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Article Link: http://exchangepress.com/article/highlights-and-lowlights-of-the-past-two-decades/5012012/

Risk management professionals think of risks (regardless of whether it is crime, employee injuries, fire, etc.) in three active ways:

Loss prevention, the step taken before a loss or crime occurs, is the preferred method as it focuses on stopping a crime.

Loss control is used after a loss occurs, but is designed to keep the loss from growing. Having a sprinkler system in a building is an example. Risk financing is the process of paying for a loss once it has occurred. Buying insurance or not buying insurance and paying for a loss yourself are two primary examples.

History has shown that there are three factors or traits common to all criminal acts: motive or desire to commit the crime, opportunity, and means.

There will always be people who are willing to commit crimes (motive or desire) and there are always means available to do so. Denial of opportunity is the primary factor in your loss prevention efforts. The key to denial is separation: keeping the bad guys separate or away from and out of your facility.

Layer your defenses rather than putting all of your faith in one defense which, if defeated, will leave your center vulnerable.

Protect the perimeter - create a buffer zone ...

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