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Service to be provided:
Pinnacle will assist in developing an appropriate emergency response plan that provides for a planned, efficient and effective response to kidnappings, along with extortion and ransom demands. We will assist in the development, training and testing of a corporate "Crisis Management Plan" and "Crisis Management Team", along with the requisite policies and procedures.
Why should such a service be considered?
It is a common misconception that kidnappings, ransom and extortion demands are limited to third world nations. Many companies believe that if they are not traveling to the Middle East or parts of South America, they are not exposed to these types of events.
Unfortunately, terrorism is mobile and all Americans are targets at any time and anywhere in the world, including here at home. A recent article in the Wall Street Journal indicated that kidnappings in the United States is increasing at an alarming rate. Victims are not restricted to company executives. Their family members are targets as well.
While the vast majority of companies will never experience such an event, if you are unfortunate to have such an event happen, you need to be prepared. Failure to have a well thought out and tested response plan, developed in advance of any such mishap, can lead to severe disruption in operations, resulting in a depressed stock price and increased civil liabilities.
Having such a plan in place that has been well thought out, and subject to routine testing and maintenance is considered prudent management for all companies. Anyone perceived as having any importance within a company is a target. Past incidents have shown, that middle management personnel are often identified as a likely target, in addition to members of executive management and their families.
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