Why Businesses Are Incorporating Video Surveillance into Their Risk Management

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Risk is the part and parcel of our everyday life. We have to assess situations and decide the appropriate course of action to minimize the threats and ensure our safety while moving towards the success ladder. The key to correctly forming the right course of action is to have enough information on which we can base our decision.

New technology in video surveillance systems are giving a variety of organizations from banks to retailer and manufacturing units the power to witness, respond, plan and mitigate their threats accordingly.

At most companies, video has traditionally been in the security domain to scrutinize the past event and establish a security baseline. But, thanks to the new developments in surveillance technology, video now has the potential to serve as risk management, proactive security and operations programs. Savvy organizations are introducing video surveillance into their operations programs and risk management to help protect people and assets, reduce liability and avoid frivolous lawsuits.

Video Surveillance Helping in Risk Management Efforts

IP Video Surveillance for Risk Management
IP Outdoor IR PTZ Camera

Legal concerns – Video provides the visual proof that many lawsuits lack. The power of visual proof is very helpful in addressing genuine claims and refuting false ones. For example, if a visitor to your organization claims to have slipped and fallen because floor was wet, video of that specific incident can confirm the facts.

Employee safety – Video surveillance allow employees to be able to examine the situation they are entering and make an informed move. For example, before an employee leave her cabin, video surveillance allows her to monitor the parking lot to see if there is anything suspicious. She may ask to the building security to escort her to her car, and other employee working with her to watch her on video surveillance system to ensure she reached to the car safely.

Operational improvements – A video surveillance system can be used in a variety of operational uses, depending on the type of a business. Video used in manufacturing environment can quickly identify problems that may cause bottlenecks and delays. A quick verification and speedy responses are possible while a video surveillance system is already in use. It is useful not only during emergency situation, but ensures smooth operation in the regular course of business.

Monitoring and training – Video surveillance is helpful in providing training in every aspect of business and monitor employee activities. If there is a notice that video surveillance is in use on the premises, it generally deters illicit behavior. Employees who are aware that they are being watched while on job are much less likely to create problems, steal or be unproductive. Video may capture both inappropriate and appropriate employee behavior to train others the way to act right or wrong in a particular situation.

Multiple location monitoring – For risk managers, IP video surveillance system offers the ability to compare images from different locations.

Contact DVR Unlimited for more information on how a video surveillance system can be beneficial for your organization.