Tag: Tracy Hendrix
News Poll: Finding the right employees is a challenge
April 3, 2017Spencer Ives
YARMOUTH, Maine—A large majority of respondents to Security Systems News' latest news poll say that hiring is a challenge, and 82 percent are looking to fill at least a couple of positions.“The best way to attract 'A' players is to build a culture that those folks find attractive. [This would be] a culture of recognition, meritocracy and enthusiasm. Once you accomplish that your business will become the employer of choice for those candidates that you desperately need to attract to be...
Megamergers: benefit or pitfall?
March 16, 2016Spencer Ives
YARMOUTH, Maine—Industry consolidation will accelerate this year with two megamergers—the Tyco/JCI deal and the ADT/Protection 1 merger—expected to close by the end of 2016. Does this activity help or hurt the industry? Respondents to Security Systems News' latest news poll who said massive consolidation is good just barely edged out those who said these megadeals hurt the industry. Meanwhile, another group of respondents said they have other things to worry about.
Several...
Industry gives thumbs-up to private equity
December 16, 2015Spencer Ives
YARMOUTH, Maine—Private equity has a foothold in security, owning companies like Vivint, Protection 1 and CSG Security, but how does the industry really feel about private equity? Security Systems News' latest poll showed that half of respondents have worked with private equity and most would consider selling their business to a PE group.“Private equity in the security industry can accelerate growth. Most of us are limited to growth through cash flow excess which is slow and often ineffective,”...
Conference attendance depends on companies more than show
October 28, 2015Spencer Ives
YARMOUTH, Maine—Before attending a conference, security executives pay more attention to their budget, timing and their current projects than what the show offers, according to responses in Security Systems News' latest poll. But, when it comes to the show, respondents were almost evenly split between location, attendees/keynotes/speakers and “something different.”
Attending a conference depends on money, time and current company projects, according to 69 percent.
Thirty...