Two Key Reasons to Outsource Executive Protection
Make your own or outsource executive protection? The decision is exclusively yours, of course, but there are concrete reasons the second makes more sense. Of course, the possibilities are infinite, but the safety, productivity and satisfaction of the principal is the most critical factor here is, and so is the executive protection program’s general viability.
Below are two most compelling reasons for outsourcing executive protection in any case:
Experts work with, well, expertise. Their teams have practical experience in corporate executive protection that can span for decades and decades. They have operating procedures that have stood the test of time and practice. They have mastered recruitment and training of agents for success. And they can apply the skills they have learned when they worked for one company, to another.
As opposed to an organization that is developing its own executive protection program from scratch, expert partners that have served a lot of companies can develop standards to guide them in other programs. Their sense of what “best practice” means in the industry, is something they have labored hard for. And they offer this to their clients in several ways, from program development to implementation to partial or complete staffing.
Reduced Corporate HR Burden
Outsourcing a client’s executive protection program, partially or fully, also benefits a client substantially by reducing the burden of its corporate HR. Executive protection is not a core competency of even the biggest businesses with the brightest talents. To staff as well as manage an executive protection program alone, you need experts in hiring, training, and paying off and on-boarding protection managers and agents, and that’s just the icing on the cake. Majority of corporations would rather not use headcount or devote HR expertise to this specialized but non-core service.
As you might expect, the situation is different for firms that actually specialize in executive protection. The have a vested interest and are experienced in sourcing candidates with the best potential for sustained success. They recognize the need for developing people who have useful skills, and are experienced in providing an annual training program to improve agent capabilities. And they know the value of recognizing talent, and motivating the best to follow career paths of where they can grow in expertise and responsibility.
On top of that, specialist partners have a pool of prescreened candidates, and if, for any reason, any of them does not work out, a replacement can be secured in a timely and efficient fashion. They even have direct access to an international professional network of closely-vetted vendors, which enables them to offer complementary services worldwide. Furthermore, with the help of their special partners, they can control their clients’ legal exposure, as well as erase the requirement for special licensing and insurance coverage.
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