Garda World 2008 Financial Assessment Description of the Firm and its Activities 3 Nature of the Industry and State of the Competition 4 Financial Risk Assessment 5 Garda Balance sheet overview and 2008 key facts 5 Liquidity Risk 6 Solvency Risk 6 Profitability 7 Recurring Earnings 8 Other factors 9 Foreign exchange risk 9 Variable interest rates on long-term debts 9 Recommendation 10 Description of the Firm and its Activities Garda is one of Canada’s fastest growing companies, providing integrated security services on a worldwide scale. With a revenue increase of 800% in the last ten years, reaching 1.17 billion CAD in 2008, Garda is the fifth largest security company in the world. Garda’s activities are divided mainly in two major divisions: • Physical security: Garda provides various services related to physical security including protection of public and private places or sensitive areas by uniformed guards (i.e. airport screening), in-store loss prevention, Executive & VIP protection, security patrols, and high-risk market security (i.e. military conflicts zones). • Cash and value logistics: with a fleet of more than 1500 armored vehicles and airplanes, Garda provides services related to cash and coin processing, ABM/ATM maintenance and management, locks and safes supply and management. Garda is also active in corporate consulting and investigation, as well as pre-employment screening. These combined divisions represent 15% of its annual revenue. Nature of the Industry and State of the Competition In the last decade, the security industry market grew fast and new business opportunities emerged in response to the tightening of security policies after September 2001 in both pub... ... middle of paper ... ... |6.74% |-18.91% | |Financing expenses |4.86% |2.41% |101.79% | |Income before income taxes |0.61% |4.33% |-85.91% | |Provision for (recovery of) income taxes |-0.73% |1.25% |-158.12% | |Net income for the year |1.34% |3.08% |-56.55% | |Market Cap | |Outstanding shares |30968000 | |Price at Jan 31, 2008 |14.61 | | |452442480 |
In the decade since the September 11th attacks, the government has taken giant steps to protect the nation from terrorists, spending eye-popping sums to smarten up the federal bureaucracy, hunt down enemies, strengthen airline security, secure U.S. borders, reshape America’s image and more. What would undoubtedly shake the nation resulted in a slew of acronyms born out of Homeland Security; TSA (Transportation Security Administration), DNI (Director of National Intelligence), DHS (Department of Homeland Security), NCTC (National Counterterrorism Center), CVE (Common Vulnerabilities and Exposures), NSI (National Security Institute) and ICE (Immigrations and Custom Environment). In an attempt to avoid any future 9/11 repeats, the way in which
Going to school, work, a public building, or a stadium event without feeling overly concerned is a feeling that cannot be valued. Our environment continues to be ever-changing and the Security field will continue to adapt and provide its service. A general education of the Physical Security field was provided so that the reader may have a greater understanding. The types of Security were addressed, as well as, multiple operational functions tied to the field.
Their main things are air control, air support, anti-air warfare, aircraft maintenance list, airfield services, ammunition and explosive ordinance, aviation logistics, aviation ordinance.
Bellavita, C. (2009). Changing homeland security: The year in review - 2008. Homeland Security Affairs, 5(1) Retrieved from http://ezproxy.fau.edu/login?url=http://search.proquest.com/docview/1266212855?accountid=10902
New policies established by the White House security strategy assigned the federal government an essentially passive role towards protecting assets located in the United States. According to Flynn and Prieto, the private sector has sufficient assets to supply protection, outside of national defense and border security, and should be relied upon to address certain aspects of securing infrastructure. Enhancing security directly contributes to the prevention of terrorism and the private sector is in the best position to address the expanding vulnerability of critical infrastructure (Flynn & Preito 2006,
James Risen discusses the fear frenzy that has taken hold of the United States for the past 14 years. This fear, primarily caused by the effects of the War on Terror has spawned what the author calls a “homeland ¬security-industrial complex” and cost American citizens billions of dollars. The author thoroughly
When looking at the process of undertaking a homeland assessment for an organization each stage, it just as critical as the others and each interlock with the other to produce a stable plan of actions for the organization (Masses, O”Neil, & Rollins, 2007). The stage of the leadership evaluating their needs for a homeland security plan by the utilization of the organizational overview to determine is just as relevant to looking at their outside relationships to vendors, buyers, and suppliers for the organization that takes place in the eight steps for successful assessment implementation and manual use (Fisher, 2004). We see in these eight actions that they are also just as essential elements that must be evaluated and hold the same amount of weight in the assessment process. The leadership assessment score, is from the Baldrige Categories, shows us that it results are just as vital as that of the customer and market focus as well as the business results that are produced from the
BENAC, N. (2011). National security: Ten years after september 11 attacks, u.s. is safe but not
Col. Randy Larson, renown author and Director of the Weapons of Mass Destruction (WMD) Center, speaks on an in-depth prospective of the field of homeland security and factors that drive the continued efforts to address future threats to the nation for the 21 century. The area of focus presented in the interview are the various ways an individual may enter the field but are not limited to a particular area of study. For example, health care, agriculture, or political science, there is essential no set track for finding a career in homeland security. Challenges surrounding area of homeland security are the mounting financial burdens and the need for the appointment of leadership at a national executive level to address this realistic future threat. Despite these concerns, evidence suggests quality system practices can assist in guiding theses area and the adoption of tools that support quality improvement when addressing homeland security and future concerns.
The police force is under the direction of the Ministry of the Interior, and the Ministry of the Interior is a part of the Council of Ministers. The Ministry of the Interior is split into 3 different sections that oversee different defense groups in the Cuban government. These 3 sub-offices include Security, Internal Order and Crime Prevention, and Technical Operations. The Security office is in charge of highly particular crimes that involve crimes against the government themselves, such as treason and espionage. The Internal Order and Crime Prevention office can also be separated into 3 different offices and is what handles the Cuban police force, along with the prison system and firefighters.
Whitman, M., & Mattord, H. (2010). Management of information security. (3rd ed., p. 6). Boston, MA: Cengage Learning.
Planning- private security manager do examine and study with great detail the data, figures and information to make sure and certain precaution ensure the safety of the circumstances and conditions of the surrounding as well the safety of the person. Private security managers must employ a security guard to make sure the facility is secured and protected from any inappropriate actions.
Johnson, B. R. (2005). Principles of Security Management. Upper Saddle River, NJ: Pearson Prentice Hall.
A security guard works in any building or area that needs protection from theft, fire, vandalism, and illegal entry. For every security guards job it depends on where they live and work. Every security guard has a different task. Some work in airports. If you work in an airport you might have to search travelers for weapons, explosives, or drugs. They may have also check cargo for illegal items. There are security guards that work museums and art galleries. These security guards have to make sure no one steals, damages, or touches artwork or historical artifacts. They also help people if they have questions and bring people to safety in case if there is a fire or an earthquake. In office buildings and factories, security guards have to make
Not all security guards are out in public, depending on position they can be watching through a camera. For example I would compare my quote to Dillard’s because they have cameras and security but security is looking through cameras and not physically there. “Security guards, also called security officers, protect property, enforce rules on the property and deter criminal activity”. Security guards are protection of a certain property to make sure rules are not broken. Rules are always broken that’s why you have a lower type of law enforcement. Being a security guard is important to understand because it requires a lot of dedication and it’s not only your life that can be in danger. You should always follow procedures and pay attention to your surrounding because you never know when or where danger lies.