Mike Keenan, LPC, CPP, CFI is currently the Managing Director, Retail Loss Prevention at TAL Global, an international security consulting and risk management company. His prior experience includes sixteen years with Macy’s where he started as an LP Manager and worked his way up to the Vice President of Loss Prevention. He then held similar LP leadership positions with Ross Stores, Longs Drugs, Mervyns and GAP. He started his career with the Federal Bureau of Investigation. Mike served on the NRF LP Advisory Council for many years and was the Chairperson in 2001 and 2002. He has a Criminal Justice degree from California State University, Sacramento.
Once you have senior leadership's buy-in, you can then create accountability for controlling loss beyond the LP team. The best place for accountability is in your company's performance reviews.
We all know that volunteering is a good thing for furthering our careers in loss prevention in terms of visibility to company leadership and demonstrating that you are willing to go above and beyond. However, many people who volunteer don’t truly participate.
No pilot would ever dream of flying an airplane without the extensive use of pre-startup, pre-taxi and pre-takeoff checklists. Pilots know that checklists are the best way to ensure consistent operation—a necessary condition for safe flight.
The three major causes that contribute to inventory shrink in any retail operation are internal theft, external theft, and operational compliance. An effective loss prevention program must focus on all three of these areas.
Download this 34-page special report from Loss Prevention Magazine about types and frequency of violent incidents, impacts on employees and customers, effectiveness of tools and training, and much more.