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Map Out Your Future in the Continually Evolving Security World

Posted By ESA Communications, Tuesday, October 09, 2012

Those who follow the electronic security industry closely probably weren’t surprised about the recent announcements from two national companies: the sale of Vivint and the spinoff of ADT from Tyco. Stories had been circulating in the industry trade press for months. Behind the scenes, industry veterans had speculated on the future of both entities for longer than that.

Part of the reason these moves come as no surprise is because business continues to change. The world will move around you, whether you want it to or not, and we all need to adapt. The nature of these moves holds a significant message for our ESA membership: Every company is looking at the next stage of its development.

There have been mergers, buyouts and spinoffs in the electronic security industry and there will be more in the future. We encourage our members to look ahead at their profit profile and plan accordingly for how best to keep their model successful, whether it remains a "go-it-alone” enterprise or transitions to some version of a joint business venture.

Big or small, if you own the company yourself, or you have a board of directors, it matters where our industry is headed and how you adapt to the changing environment.

Tags:  business changes  development  security 

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