Page 121 - Petrosphere - Loss Control Management (LCM) Training Manual V 1.0

120 Module 15: Security Loss Control Loss Control Management (LCM)

Module 15: Security Loss Control

Industrial Security Policy

In the interest of effectively
mitigating the frequency and severity of
company losses through properly planned
assets protection and risk avoidance,
management recognizes its responsibility
for the establishment of a comprehensive

security program, including its
corresponding implementing guidelines
and procedures, pursuant to the
provisions of pertinent codes and decrees
of the Republic of the Philippines.

Security Plan
The security plan interprets in detail the intent and purpose of the security side of the company
security policy. This provides the framework for the security program that management intends to pursue

in line with the company’s goal of providing the people with safe, adequate and reliable services which
are necessary in our economic progress. This also sets the program elements, the general requirements
and organizational responsibilities to assure that all phases of security activities are properly
implemented.

Security

Security is the protection of property of all kinds from loss through theft, fraud, fire and other
forms of damage, and waste. It is the protection of secret processes, financial data, sales projects and
other information vital to a company’s interests against loss through what is described as industrial
espionage, is also a security responsibility.

Roles in Company Security
Management

• Without the full involvement and support of every grade
of management, the implementation of a company’s
security policy and program can only be partially
efficient and effective
• The driving force must come from the top

PETROSPHERE INC.
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