IDEA has created an information management
and assessment toolset and methodology to provide a structured approach to
collecting information and assessing needs. This database systematically stores
the interdependent economic, management, technology, organizational, facility,
and operational data necessary to conduct thorough analysis and planning.
iFoundation is designed to provide a structured and thorough approach to
emergency and business continuity planning, as well as a complete management
overview of all computerized systems. The benefit is that the data collected is
comprehensive, valid, and efficiently developed, and that it can be used for a
myriad of different purposes and analyses.
iFoundation is the basis upon
which successful strategic business planning and emergency management planning
is built. |
IDEA has developed CAPTURE as an
operational emergency response planning and management tool to dramatically
strengthen total incident planning and management.
The CAPTURE software
is utilized to extend contingency planning to include crisis control center
planning, emergency evacuation planning, business continuity planning, risk
management, crisis management, and disaster recovery management.
This
real-time tool is used to develop procedures, resource rosters and checklists to
better plan and manage incidents as well as log activities and track status
during an incident. |
IDEA'S CORA is a quantified operational risk management tool, Cost of Risk Analysis (CORA®). CORA is a unique, software-based risk
management system drawing on three decades of government experience with risk
management tools. An organization can
use CORA
to estimate the financial impact of alternative security strategies, evaluate
the cost-benefit of the insurance program and business resumption plans, and
identify both beneficial and non-productive security measures. In this way, an
organization can optimize financial performance, and manage its significant
risk exposures more confidently. Because CORA
"recycles" the efforts of the "risk experts," and uses
field personnel to collect data, it is ideal for large organizations with
widespread operations.
CORA provides a framework to organize, structure, defend
and document risk analysis projects. It
can be a seamless companion to legacy Risk Management Information Systems (RMIS). It accommodates customized
"what-if" scenarios. CORA
makes it easy and inexpensive for a large organization to evaluate the risk
exposures of all its operations. It also enables the documentation of its risk
management due diligence, which may be of interest to risk transfer
underwriters. CORA provides tools
to consolidate the risks of multiple risk "objects" in the context of
an income statement and it demonstrates the impact on the "bottom
line" when a proposed risk management measure is adopted.
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