Portsmouth, United Kingdom

Security Risk Management

Language: English Studies in English
Subject area: security services
University website: www.port.ac.uk
Professional Doctorate
Management
Management (or managing) is the administration of an organization, whether it is a business, a not-for-profit organization, or government body. Management includes the activities of setting the strategy of an organization and coordinating the efforts of its employees (or of volunteers) to accomplish its objectives through the application of available resources, such as financial, natural, technological, and human resources. The term "management" may also refer to those people who manage an organization.
Risk Management
Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risk management’s objective is to assure uncertainty does not deflect the endeavor from the business goals.
Security
Security is freedom from, or resilience against, potential harm (or other unwanted coercive change) from external forces. Beneficiaries (technically referents) of security may be persons and social groups, objects and institutions, ecosystems, and any other entity or phenomenon vulnerable to unwanted change by its environment.
Security
Everywhere, men resign themselves to the most extreme sacrifices rather than do without government and hence security, without realizing that in so doing, they misjudge their alternatives.Suppose that a man found his person and his means of survival incessantly menaced; wouldn't his first and constant preoccupation be to protect himself from the dangers that surround him?  This preoccupation, these efforts, this labor, would necessarily absorb the greater portion of his time, as well as the most energetic and active faculties of his intelligence.  In consequence, he could only devote insufficient and uncertain efforts, and his divided attention, to the satisfaction of his other needs.
Even though this man might be asked to surrender a very considerable portion of his time and of his labor to someone who takes it upon himself to guarantee the peaceful possession of his person and his goods, wouldn't it be to his advantage to conclude this bargain?
Still, it would obviously be no less in his self-interest to procure his security at the lowest price possible.
Gustave de Molinari, tr. J. Huston McCulloch, §I of The Production of Security (Auburn, AL: Ludwig von Mises Institute, 2009; orig. 1849), pp. 20–21.
Management
Mission is at the heart of what you do as a team. Goals are merely steps to its achievement. Mission has an eternal quality. Goals are time bound and once achieved, are replaced by others.
Patrick Dixon (2005) Building a Better Business - the key to management, marketing and motivation. p. 66
Security
In the entire world, there is not a single establishment of the security industry that is not based on monopoly or on communism.  …  Political economy has disapproved equally of monopoly and communism in the various branches of human activity, wherever it has found them.  Is it not then strange and unreasonable that it accepts them in the security industry?
Gustave de Molinari, tr. J. Huston McCulloch, §IV of The Production of Security (Auburn, AL: Ludwig von Mises Institute, 2009; orig. 1849), pp. 27–28.
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