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Active Loss Prevention initiative

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The Active Loss Prevention project agenda

Breaking new ground and delivering business value needs new ideas and insights together with good process. Since the development as a concept in 2000, Active Loss Prevention has been presented and tested with Open Group members, at industry conferences and with over 40 leading suppliers, eBusiness users and policymakers. The inaugural meeting generated a real sense of purpose. There were clear tasks and work programs to define and engage in. There was value in the discussion between the various professions. There were benefits from having access to technical resources.

Three key areas have emerged as offering immediate value

• Creating the big picture — defining the long term over-arching project

• Risk vocabulary — defining the usage of business terms 

• Trust services — defining the services needed to support business requirements

The diagram on this page is a first draft of some of the work that is needed, from a business perspective. Alongside this will be a technical map that is developed as the requirements come out of each stage of the work. There is a logical sequence to the work, though some work programs will be run in parallel. Each block represents an individual project, with clearly defined scope and goals.

Risk and insurance issues as a facet of Active Loss Prevention

In each project, lawyers, auditors, insurers and other business professions will lay down their requirements. This in itself will be of tremendous value to all parties as there is often little interaction between these groups within a single enterprise, let alone across multiple industries.

Once the business requirements are defined, we can engage the technical community to deliver the standard components that will be used as the building blocks for business conducted electronically. This process will also deliver benefits to companies that form part of the critical infrastructure in a country. The same standardized components and the same approach to exchanging information can create an environment more compatible with protecting infrastructure.

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