Security and Value

Paper Summary:

This paper describes a research proposal that will investigate the perceived and actual value attached to the investment a business makes in security. The paper relates that one of the problems identified is that security is often seen as an expense that does not provide value that is concomitant with the investment. The paper then explains that the study will explore whether security investments provide comparable value and what can be done to provide the business professional with greater value in terms of a security investment. The paper also describes the businesses that will be examined in the study, as well as the methodology to be used and the estimated timetable for the study.

Outline:
Area of Interest and Problem/Phenomenon to be Studied
Questions and Hypotheses
Locating the Problem/Phenomenon in the Literature
Ethics and Methodology
Proposed Sections and Envisaged Timetable

From the Paper:

"The main hypothesis that will underscore this research relates to the fact that businesses do not appear to be positive towards security investments. Apparently the general viewpoint is that security investments do not deliver true value and these are therefore regarded as an unwelcome infringement upon the profit margin. The reasons for this view will be investigated.
Another angle for the research relates to how value can be added to security services. An interesting factor is that security professionals themselves often concur with the view that the value they provide seldom merits the investment required for security management services. The reasons for this will also be investigated, as well as whether anything can be done to improve the situation.
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Sample of Sources Used:

• BBC News. CCTV 'not a crime deterrent'. Aug 14, 2002. http://news.bbc.co.uk/2/hi/uk_news/2192911.stm
• Health and Safety Executive. Principles of sensible risk management. 2007. http://www.hse.gov.uk/risk/principles.htm
• Gill, Martin. Does Security Add Value? SecurityOracle.com, June 28, 2007. http://www.securityoracle.com/news/detail.html?id=12330&category=64
• Thetford, Robert T. Preventing Workplace Crime. Institute for Criminal Justice Education, March 26, 2001. http://www.icje.org/id105.htm

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