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2011 Archives
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2010 Archives
March 10, 2011
Vector Security’s 2011 LPF Scholarship Program Receives Record Number of Entries
Third year of program sees a doubling of applicants --
If the adage "the third time is the charm" is a predictor of
what will come, it certainly held true when it came to the results
of Vector Security's 2011 Loss Prevention Foundation (LPF)
scholarship program. Begun in 2009, Vector's third year of the
program garnered a record
number of scholarship applicants. In fact, this year's level
of interest (105 applicants) doubled last year's results and brought
additional credence to the fast growing value of the LPF programs,
and to Vector Security's commitment to help educate LP
professionals. According to Vector's Executive Vice President,
Michael Grady, the remarkable increase in entries is the result of
several important factors. "First and foremost, the growing
desirability of the LPF educational program speaks for itself.
They offer a level of loss prevention education which is virtually
unavailable outside the LPF. Second, loss prevention
professionals are realizing that continuing education is important
in a field where their roles are expanding quickly. LP
professionals are expected to be sharp, technically savvy business
managers, leaders, educators, social scientists, accountants,
statisticians, high level executives, and of course --
investigators. Third, the loss prevention industry has
received increasing levels of awareness due to the LPF's great job
at expanding the coursework to colleges and universities.
That's attracting a more diverse level of people to their programs
and the retail LP industry in general."
While Grady is complimentary to the LPF, their President, Gene
Smith, returns the compliment. "Vector Security has been and
remains the most stalwart supporter of the LPF program among the
various business organizations that support it. Their
scholarship model has helped promote the value of our programs and,
most importantly, has provided educational opportunities to many
deserving people who might otherwise not be able to afford these
courses." Vector will be announcing the 2011 winners during
the week of March 7th. This year, Vector increased
the number of scholarships to 15 each for both LPQ and LPC
coursework.
About Vector Security: Vector Security is a leading
provider of residential and commercial electronic security services.
It operates branch offices throughout the East Coast and southern
California, and three specialized business groups: National
Accounts, Authorized Dealer Services, and Vector Security Patrol,
which provides guard and patrol services. Vector Security is
owned by The Philadelphia Contributionship, a private insurance
company founded by Benjamin Franklin in 1752. Three of its
founding directors -- Benjamin Franklin, John Morton and Robert
Morris -- were also signers of the Declaration of Independence.
Vector has captured many prestigious industry recognitions, to
include the following:
• Received the Association of Public-Safety Communications Officials
-- International's (APCO)
highest honor, The President's Award, in 2009 for its outstanding
contributions to the
improvement of alarm dispatching communications methods in 911
centers
• Chosen as Frost & Sullivan's 2008 North American Commercial Alarm
Monitoring Company of
the Year
• Became the industry's first U.S-based central station facility to
earn Underwriter Laboratories of
Canada (ULC) certification in 2008
• Captured the first Police Dispatch Quality (PDQ) Award in 2006
• Honored as the False Alarm Reduction Association (FARA) Associate
of the Year in 2006
• Rose to a position as the SDM Magazine/Central Station Alarm
Association (CSAA) Central
Station of the Year in 2006
• Named SDM Magazine Dealer of the Year in 2003 |
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