"Don't be a HEADLINE risk!" This was one of several impactful quotes from Rob Dyer, Home Depot Loss Prevention Manager. Mr. Dyer presented Part I of his two part series on the role of loss prevention in retail business. Dyer covered the concept of shrink (the difference is between recorded and actual inventory) and told the class that this percentage has gone up over the past three years. From 1.3% to 1.62% currently. Shrink is caused by internal or external theft (68%) and operational errors (32%). Dyer covered five areas in his presentation today. These were safety, shrink mitigation, responsibilities, being a headline risk and protecting your brand.

He also covered the theft wheel, which is the mental stages someone goes through. These are: #1 - a perceived need for the item/cash; #2 - rationalization that theft is okay; and #3 - a risk free opportunity. Rob wrapped up with a great quote that gave the class something to think about. "The only thing you truly give away is your integrity!"

Thank you Rob Dyer and we look forward to a return visit for part 2 in December.


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"Be known for something, distinguish yourself among others."  Clark Baker along with his wife Carolyn shared this and many more important Life Lessons with the Daviess County CEO class ...
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"Be known for something, distinguish yourself among others." Clark Baker along with his wife Carolyn shared this and many more important Life Lessons with the Daviess County CEO class ...

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