Step Up Your Profile
Dec 1, 2006 12:00 PM, By Michael Fickes
In a way, the term security may have become a misnomer for the kind of risk management work expected of today's security managers and chief security officers. In the business world, however, it is not unusual for assignments to grow over time.
Eventually, the strategic thinkers will end up in the executive-level positions, probably with a new C-level title such as chief security officer — or something else. Will you be one of them?
The Conference Board report, titled “Navigating Risk: The Business Case for Security,” surveyed 213 senior corporate executives not directly responsible for security and risk issues. The survey aimed to gauge the influence (or political position) of security managers among senior executives by profiling the alignment of security activities with business objectives.
The most effective alignment was found on issues involving operational risks:
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79% of the respondents said that security activities in their firms effectively aligned with the task of complying with government regulations;
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74% said that security activities aligned with the process of protecting confidential information at their firms;
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72% made the claim for meeting certification standards;
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71% cited maintaining business continuity and ensuring customer safety;
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60% of the executives said that security activities at their firms effectively aligned with limiting financial risks and defending against litigation.
On the other hand, the executives reported much lower levels of alignment between security activities and business activities related to long-range strategic company objectives.
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56% of senior executives believe their company security operations aligned with the need to keep pace with competitors;
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44% felt that security was helping enhance the value of the company brands;
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36% saw a connection between security and supply chain management; and
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35% perceived any security influence over new business opportunities.
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© 2012 Penton Media Inc.
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