|January 13, 2011
Vector Security Plans
to Increase Number of LPC -- LPQ Scholarships Available
in 2011 Program
Applications accepted through February 25, 2011
Security has planned to increase the number of
LPCertified (LPC) and LPQualfied (LPQ) scholarships it
provides for this year's program. 2011 will mark the
third consecutive year that Vector has sponsored its
scholarship program, which is designed to assist worthy
retail loss prevention professionals in achieving both
of these certifications.
Vector first began this program in 2009, when the
company offered a total of 10 LPQ scholarships. Vector
then increased the number of scholarships in 2010 to a
total of 20, split between the LPQ and LPC programs. In
2011, Vector plans to further increase the scholarship
program to offer 15 LPQ scholarships and 15 LPC.
According to Vector Security's Executive Vice President,
Michael T. Grady, the increase is warranted to match the
heightened interest in the Loss Prevention Foundation (LPF)
programs. "When we began our scholarship program three
years ago, we did so with two clear intentions in mind.
First, we wanted to support an educational process that
would create additional value to the LP profession.
Second, we wanted to offer LP professionals a resource
for achieving these certifications, without the need for
the financial contribution to come from them personally
or from their employer. Launching any professional
certification program requires a lot of funding, time
and effort. Many fail due to lack of sincere, continuous
support and interest. Knowing the long-term value of
this endeavor, we wanted to continue to support the
program to help guarantee its viability and prove its
worth in the eyes of the retail industry."
The Loss Prevention Foundation President, Gene Smith,
appreciates the continued level of commitment Vector has
made to this program. "Mike and his team have worked
hard to promote and help validate our programs. They
have been there from the start and are a remarkable
example of how a solution provider that serves the
retail LP industry can make a difference to the people
who work within it. Vector gets it! They have led by
example by having many of their own staff obtain
certification. Vector realizes that today's LP
professionals are expected to be sharp, technically
savvy business managers, leaders, educators, social
scientists, accountants, statisticians, high level
executives, and of course-- investigators. Certification
is a means to enhance career performance. It expands a
person's knowledge and expertise, confirms core
competencies, challenges perspectives and reinforces
loss prevention industry goals and objectives."
Grady adds that the 2010 scholarship program was changed
to meet the expanding value of the LPF. "In 2010, we
augmented the program in several ways. It was the first
time we began offering LPC scholarships to the more
seasoned LP professionals who are looking for higher
degrees of learning. We also opened up the program to
people who were seeking LPQ scholarships from outside
the industry -- people such as college students, police
officers and military personnel -- who wish to develop
careers in retail LP."
Grady comments further that, "Everyone whose career is
tied into retail loss prevention has a stake in
increasing the level of professionalism within the
industry. Better educated people can bring about greater
results, create better LP programs and even better
deploy new LP technologies within their organizations.
Curbing losses due to shrinkage is the only free money
left on retailers' tables. They don't need to discount
it, promote it, advertise it, or stay open late to
create it-- and better educated and trained LP
departments are the reason why that money can fall right
to the bottom line."
Vector's 2011 scholarship program will be released in
January, offering a combined total of thirty LPQ and LPC
scholarships, including covering all
course and exam certification fees. Applications will be
made available online at Vector's website,
and through the Loss Prevention Foundation (LPF).
Applications will be accepted through February 25, 2011,
and the winners will be announced in March. Inquiries
can also be made directly to Vector Security. Please
contact Debbie Fisher at 724-779-8810, ext. 1206, or by
Follow this great effort here!
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