Two Major Reasons for Outsourcing Executive Protection
Design your own or outsource executive protection? The decision is totally yours, but there are solid reasons you should go with the second. 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.
In any case, these are the two most compelling reasons to outsource their executive protection:
Experts are, well, experts. Their teams have practical experience in corporate executive protection that can span for decades and decades. Their operating procedures have been tested and proven. They have mastered recruitment and training of agents for success. And they can apply whatever skills they learned from one client, to another.
Unlike an organization developing its own executive protection program, expert partners that have worked with plenty of other clients usually benchmark against other programs. They have worked hard to earn their sense of “best practice” in the industry. And this they offer to their clients in a whole range of ways, from creating programs to implementing them to dispatching full or partial staffing.
Minimal 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. Corporations usually decline from using headcount or dedicating HR expertise to such a service, which is specialized but non-core.
Of course, it is an opposite scenario for companies that do specialize in executive protection. Aside from a vested interest, they also have experience in finding talents who have the best chance for continuing success. They appreciate the demand for developing people who have these niche skills, and are used to ensuring that all agents engage in an annual training program that enhances agent capabilities. And they are fully aware of the importance of spotting talent, as well as encouraging the best to follow a career path guided by growing responsibility and expertise.
In addition, specialist partners have a dependable reserve of vetted candidates, and if anyone should not work out for whatever reason, a replacement can be put in place in an efficient manner. 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.