Homework Clinic
Hands-on Clinic => Skills and Trades => Topic started by: rayancarla1 on Aug 12, 2019
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Define Globalization. How will globalization affect the private security industry?
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Globalization is a term and a process. As a term, it is the growing interconnectedness and expanded flow of information, technology, capital, goods, services, money, and people throughout the world. As a process, globalization has led to greater interdependencies of world markets and economies. Globalization has also changed the nature where competitive pressures have forced many businesses to decentralize, enter global markets, create virtual corporations (electronically linked partnerships), and collaborate in joint ventures with business partners throughout the world. Globalization has also changed human interactions and the political and social fabric of many nations.
While beneficial, globalization also creates new vulnerabilities and challenges for security managers. The safety and security of almost all aspects of an organization's personnel and property are affected by globalization as companies physically move into new parts of the world and workers are exposed to an increased number of threats. Globalization has resulted in the growth of private security operations and firms that operate around the world. Transnational private policing is the term used that describes multinational firms and corporations engaged in security-related activities in more than one nation. In many cases, these security operations exist in multiple countries and regions of the world. As a consequence, "these multifunctional organizations form complex transnational security networks by virtue of the interaction of their parent companies and branch plants with other commercial and non-commercial security providers."
With increased globalization and the need for more security, transnational firms will undoubtedly increase in the future. In some cases, private security organizations may form a global security assemblage. Global security assemblages are hybrid private/public arrangements where local and state authorities work with private security providers to deliver security-related services. As a result of these assemblages, there may no longer be a clear definition of activities, power, and authority in the future. Instead, "the authority and goals of the state are routinely exercised and negotiated with those of private security providers and their "Clients." Another issue that exists with the presence of these large multinational security companies that have created these assemblages is that that by their sheer size and political power, they may have the ability to influence and de-stabilize states and affect their economies. Transnational crimes will also become more of a concern. Transnational organized crimes are criminal acts that are committed in more than one state, where the planning, preparation control, and direction takes place in a different country from where the crime is actually being committed. The private sector will become more vulnerable to these crimes due to their increased exposure as they expand operations in regions of the world that lack both the laws and effective responses to these types of crimes.