ROI, or Return on Investment, is a term frequently used to refer to products or solutions purchased by a company and the capital return realized on that investment. It is a tangible way to measure the performance of those products or solutions, and often of the individuals who recommended their purchase. In any organization there may be several ways to measure ROI when a capital expenditure is made, including expanded reach or increased customer conversion/activity.
The start of the New Year marks the beginning of a new budget for many organizations while in others it signals the start of budget preparations for the upcoming fiscal year. In either case, the budget process involves revenue and expenditure forecasting and often a review of company-wide operational costs. For many organizations, both large and small, the ongoing costs of replacing lost keys and/or re-keying door locks is a glaring expense, in addition to safety and security issues – but one that can be easily remedied with a purpose-built key management system.
At this time of year the entertainment and news media are brimming with advice on how to successfully accomplish those New Year’s resolutions. Whether it’s a weight loss goal, realizing a dream on your bucket list or sticking to your resolve on your “un-bucket” list (i.e. never watch another reality TV show), the advice all seems to come down to the fact that success depends on developing and sticking to a plan.
It’s almost become a holiday tradition. Backed by catchy slogans (December to Remember) and sentimental ad spots (snowy scenes, families, cars with big red bows), the year-end auto sales season is in full swing. In fact, a recent Business Week article stated that a five-year average ranks December as the top month for total U.S. car sales.
According to the American Red Cross, approximately 45,000 disasters, man-made and natural, occur in the United States each year. Because of the seriousness of the potential for loss, security and emergency preparedness has become an essential tool in helping to limit the number and types of threats that facilities such as office buildings can face. While there are many different types of security solutions for office buildings, key management systems are a vital component of emergency preparedness to minimize loss and speed response.
