In this rapidly changing retail world of increased workloads, budget limitations, and shifting corporate agendas, it has never been more important that loss prevention professionals work smarter, not harder. Read the top 5 biggest mistakes most LP leaders make and how you can avoid making them too.
Regardless of what hurdles stand in the way, LP teams must consistently deliver positive results because they are fundamental to the vitality of your organization.
This 9-page whitepaper covers the 5 mistakes that LP leaders continue to repeat and how to fix them:
- How frequently should you evaluate your corporate philosophy of loss?
- When to weigh department efficiency vs. legacy technology investments?
- Are you effectively leveraging your investigative strengths to protect broader corporate revenue?
- Do you have a proper goal structure in place?
- And more…
The key to being a successful loss prevention leader is understanding the changing nature of retail and adapting to stay relevant. That’s not to say that traditional methods aren’t worthwhile and still applicable in certain circumstances, but by themselves they’re no longer enough. While it can be challenging to stay on top of emerging trends, technologies, philosophies, and perceptions, it is imperative that leaders do just that.
LP professionals who want to succeed must embrace change, recognize opportunities to improve, and continue to learn all while building and maintaining good relationships with internal company contacts.