Situation
As
part of a multi-billion dollar, global enterprise, the Corporate
Security group recognized key limitations within its organization which
were
reducing its effectiveness in serving the needs of the business.
Industry
consolidation and globalization had created new challenges as
high-profile products
became targets for theft, diversion and counterfeiting. The group
believed it
should be organized differently to mitigate these threats but there
were very
different views as to how to accomplish this.
Approach
A
broad-based internal evaluation was undertaken to determine
requirements
for enterprise-wide security, investigations and service levels that
could be
compared externally across the industry and other best practice
leaders. The caseteam
identified comparable best-in-class security providers, as well as core
competitors within the client’s industry peer group to
participate in a
comprehensive benchmarking study. 15 global corporations participated
including
a number of the client’s peers representing almost 70% of the
total industry.
Key policy, process, organizational and engagement variables were
identified
and data from all participating parties collected and modeled. On-site
interviews
were conducted to understand the differences and gain insights into
each model.
Analysis
& Results
Internal
analysis determined that the priorities of the key internal business
units were not well aligned with the security services being provided
and consequently,
their needs were not being well met. Benchmark results showed that most
other
companies had elected a different organizational and engagement model
and were
enjoying numerous benefits as a result. In addition, certain other
best-in-function companies had developed and refined their internal
interfacing
practices much further as a result of having been threatened in
comparable
areas for far longer than the client had been. The rich comparative
database
created through benchmarking facilitated the development of a
reorganization
strategy and helped make the overall case for change.
Benefits to Client
The
company successfully implemented all key recommendations. Formation
of local investigative capabilities focused on key markets grew out of
better
understanding the needs of the core businesses and enabled closer, more
productive relationships in the field. A new corporate council was
formed to
determine and set policy, and a best practice that had been identified
at one
of the benchmark participants successfully imported into the client to
enable
faster information sharing, decision-making and tactical response. The
company’s senior management team enthusiastically contributed
and supported the
recommended changes to the program and, within 2-3 years, the security
group
had been recognized for contributing demonstrably and significantly to
the
bottom-line of the company.
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