Every aspect of business involving protection of personnel, property or assets should be addressed. What is most important, is that policies and procedures are well thought out and truly reflect the needs of the business. Too often, loss prevention measures are implemented as a hurried reaction to a bad experience. These are frequently emotional rather than logical decisions. Little or no research is done.
Little effort is made to distinguish between real and perceived problems.
No consideration is given to alternatives. The end result is a collection of independently operating procedures which, in some cases, may actually make matters worse. The benefits of a thoughtfully designed and coordinated system are lost. The patchwork approach to problem solving works no better in loss prevention than it does in the rest of the business world. Loss prevention programs safeguard company assets.