Old Mindset, New Market: Innovating in the Security Industry (37)

Are traditional approaches holding your security business back? In this episode of Unlocked, Lars from Calgary Lock & Safe in Alberta, Tony from Assured Security in Minnesota, and Chad from Loc-Doc Security in Charlotte, NC, tackle the "Old Mindset" prevalent in the security industry and the challenges of introducing new technologies like mobile credentials. They question why innovations, despite offering superior convenience and security, aren't being adopted faster. The conversation delves into the "pain points" that drive customer decisions, arguing that often, the current solutions aren't inconvenient enough to warrant a change. Learn how manufacturers and service providers need to better articulate the "why" behind new products, emphasizing convenience over mere security features. The hosts share insights on streamlining operations by focusing on a limited, high-value product set, and the crucial need to overcome the industry's tendency to hoard old technology. This episode offers a candid look at the friction between tradition and progress, providing actionable takeaways for those ready to embrace the future.