This slide show identifies 10 steps that are important to developing a Corporate Executive Protection Strategy. Check out more on this topic at our blog. www.assolution.com/blog
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10 Steps to Building a Corporate Executive Protection Strategy
1. How to Write a Corporate
Executive Protection Strategy
In 10 Easy Steps
2. Creating a Corporate EP Strategy
Since there are not many existing templates available
for corporate executive protection, we have provided a
basic outline of what needs to be considered when you
devise your own strategy.
Due to the value that a corporate EP plan can bring to
your company, it is important to remember that a
simple plan is still better than no plan at all.
3. Introduction/Summary
The four most important aspects of the initial stage are the...
Statement of Purpose: What are your reasons for creating a
corporate EP strategy? Will it improve your company?
Background: How do corporate values, history and business
objectives relate to the EP strategy? Don’t forget to consider
personal risks, business risks, board mandates, Duty of Care
and corporate liability issues.
Objectives: What are you trying to achieve? Try to be as
specific and measureable as possible.
Governance: Who makes decisions about corporate EP?
4. Situation Analysis
In the EP industry this is often referred to as an RTVA (Risk, Threat,
and Vulnerability Assessment) and is similar to a SWOT matrix.
In addition to taking into
consideration findings from past
EP efforts, personal preferences
from the principal and you unique
corporate culture, specific threats
need to be examined as well.
Both direct and indirect
threats must be identified. It
should also be determined
how vulnerable the company
or the principal is to these
various threats.
5. EP Program Design
This stage of your strategy should focus on the 4 W’s.
Who: Identify the principal(s) to be protected.
When: During what time will they protected (24/7,
while traveling, etc.)?
What: Describe the kinds and levels of necessary
protection.
Where: Does the principal(s) require protection at all
places or only while at selected locations?
6. EP Teams and Organization
When assembling you EP team you must have a
clear idea of what type candidate you are looking
to hire and what their role will be within your
company.
• What sort of qualifications should members of your EP team possess?
• How will they interact with other departments?
• How will the communications between the EP team and the rest of the
company be structured?
7. EP Teams and Organization
Training:
Who should be trained, certified for what and to which
level? What are your training program and procedures?
Career Planning:
How do you help EP agents and managers continue to develop their
capabilities and career – so they stay with you rather than move on?
Does this align with other corporate HR strategies and procedures?
Program Scoping:
How do you scale up or down as needs change? Which costs should be
considered as fixed, or variable?
8. PROCUREMENT STRATEGY
Make/buy: Should you insource, outsource or embed key EP
positions?
How do you search, shortlist and evaluate the EP companies
you want to work with?
Are your contract management & policies in order?
9. PROGRAM DELIVERY AND MAINTENANCE
• What are the Standard Operating Procedures (SOPs) for all key
processes?
• How do we assess security risks on an ongoing basis?
• How do we inspect and assess the quality of our own security
measures?
After your corporate EP strategy begins to take shape, it is
important to ensure that ongoing program checks are in place
so as to give your company a means of evaluation. Questions
you should ask could be…
10. REPORTING AND KPI MEASUREMENT
Reporting and having key performance indicators (KPI) in place will allow
you to more effectively evaluate the performance of you corporate EP
strategy.
At this stage you should be looking at…
• Which reports should be created on a regular basis?
What do they contain? Who writes them? Who reads
them?
• Which ad hoc reports will be necessary, when?
11. Budget
Like all corporate strategies, budgeting is a key process in
the overall development of your corporate EP plan.
Budgetary concerns relate to both the allocation of funds
as well as structural procedures.
• What are the program set-up costs?
• What are the ongoing program costs?
• What are the procedures for financial reporting?
12. IMPLEMENTATION PLAN
Like any good strategy, a concerted effort is needed to get it off the ground
and running.
During the implementation process you should be mindful of…
• What are the critical path milestones for developing and implementing
the EP program?
• Who has responsibility for moving the program forward?
• Who approves what, when?
13. APPENDICES AND ADDITIONAL NOTES
Finally, items such as appendices and notes should be
examined in order to create a well-rounded corporate EP
strategy.
Extra information relevant to the strategy, a glossary of
terms and references & resources may be specifics that
you wish to focus on.
14. Conclusion
After reviewing the 10 essential steps in creating a
corporate Ep strategy, you, and your company, should
be able to determine how you can bolster this often
overlooked sector.
Having a corporate EP strategy in place (even if it’s a
basic one) will allow your company to take advantage
of more opportunities and make C-level employees
happier, safer and more productive!