What is an Enterprise?

Enterprise refers to a for-profit business started and run by an entrepreneur.

Aims of an enterprise
Problem-solving: They see a particular issue that they feel they can solve.
Exploit Ideas: They have a new idea product that can be successful
Filling a gap: They see a gap in the market they believe they can fill.
Competitive pricing: They believe they can produce something on the market cheaper and
offer it at a lower price.
Knowledge-based. Where they believe they can supply specialist knowledge that customers
will pay for.

Types of Management
• Sole proprietor
• Partnership
• Private Limited Co.
• Public Limited Co.

IBM Table Manager 1

The table manager controls the locating, adding, deleting, locking, and unlocking of entries
in certain CICS tables. These operations can be performed while CICS is running.
• Design overview
• Control Blocks
• Modules
• Exits
• Trace
• Table management strategies
Locating, adding, deleting, locking, and unlocking entries in tables such as the terminal
control table (TCT) are performed by the table manager program.
Entries in these tables are also called “resources”. Because the structures of tables vary as
entries are added or deleted, and a quick random access is required, a hash table mechanism
is used to reference the table entries. In addition, because fast access is needed for generic
locates and ordered lists of entries, a get next chain with a range table is used.

Financial performance management

Financial performance is a subjective measure of how well a firm can use assets from its
primary mode of business and generate revenues. The term is also used as a general
measure of a firm's overall financial health over a given period.

4-processes of financial performance

• Planning
1. The planning process provides the information top management needs to make
effective decisions about how to allocate the resources in a way that will enable the
organization to reach its objectives. Productivity is maximized and resources are not
wasted on projects with little chance of success.
2. Planning increases the efficiency of an organization. It reduces the risks involved in
modern business activities. It facilitates proper coordination within an organization. It
 aids in organizing all available resources.

• Organizing
1. Organizing ensures effective role-job-fit for every employee in the organization. It
helps in avoiding confusion and delays, as well as duplication of work and
overlapping of effort.
2. Organizing creates more departments, and a wider span of management, and
provides better communication, which is important for the expansion and expansion
of the business.

• Controlling
i. Controlling is regarded as an important management function. Thus, it is something
that every manager needs to perform in order to exercise control over his
subordinates. Proper controlling measures are often found to be helpful in improving
the effectiveness of the other functions of the management. (Forward looking, Exits at
all levels, Continuous activity, Positive purpose)

• Monitoring
1. Analyzing the situation in the community and its project;
2. Determining whether the inputs in the project are well utilized;
3. Identifying problems facing the community or project and finding solutions;
4. Ensuring all activities are carried out properly by the right people and in time;

Importance of financial performance management for CFO

CFO-Chief Finance Officer

The chief financial officer (CFOs) holds the top financial position in an organization. They
are responsible for tracking cash flow and financial planning and analyzing the company's
financial strengths and weaknesses and proposing strategic directions.
Key takeaways
• CFOs are captains of a team that covers both accounting and finance and consists of
senior leaders, such as controllers and VPs of finance, and operational staff —
accountants, bookkeepers, tax specialists, data analysts.
• Serving as a CFO requires a background in accounting or finance and an advanced
business degree, generally including an MBA. But it also takes plenty of soft skills.

Controller
Controllers run day-to-day accounting and financial operations and often hold a CPA or
MBA. They are responsible for creating reports that provide insights into a company's
financial standing, including accounts receivable, accounts payable, inventory and payroll.

Treasury
The treasurer is responsible for the company's liquidity, debt and assets. That includes any
investments the company may have, whether physical assets, such as buildings and
equipment, or financial investments.
Strategy & Forecasting
Strategy and forecasting involve using available data and reports, both internal and external,
to advise on areas including product development, market expansion, human capital
management, M&A and capital investments. It’s also where structured planning and
forecasting exercises, like scenario planning and FP&A, fall.

Why is financial performance management important?

The primary purpose of financial performance management is to compare actual results to
budgets and forecasts and make adjustments accordingly.
The result?
Companies are better equipped to meet their business goals.

It involves:
Financial Performance Management is essentially the analyzation of past/present financial
data to make future projections to decrease the risk of loss/ maximize profits
In addition, CFO oversees all the financial operations of an organization, including
accounting, financial reporting, tax, business control and treasury. They manage all
aspects of financial matters and decision making.

Planning Analytics architecture

IBM® Planning Analytics with Watson employs a distributed, client-server architecture that
consists of the IBM TM1® Server to which a combination of different clients can connect.

Windows desktop clients

TM1 Perspectives and TM1 Architect can connect to a local TM1 Server, which acts as a
repository for private TM1 data. If you have permission, you can copy data from a remote
server to your local server by replicating that data, and then synchronize your updates back
to the remote server.

TM1 Admin Server overview

The IBM Cognos TM1 Admin Server is a process that keeps track of all TM1 servers running
on a network. When the IBM TM1 Server starts, the server registers itself with an Admin
Server that is running on a specified Admin Host.
The Admin Server maintains the following information for each available TM1 Server:
Server name
• IP address
 • Protocol
• Port number
All this information is supplied by the TM1 Server when the server registers itself on the
Admin Server.
An Admin Server must be running before a TM1 Server can start. By default, the Admin
Server uses port 5495. If port 5495 is already in use, you can assign a new port number. All
TM1 applications look for a named service called Tm1admsrv, and if that service exists, the
applications use the port number assigned to the service. If the service does not exist, TM1
applications use port 5495.

TM1 Server overview

1. When the TM1 server is started, all TM1 data is loaded from the TM1 data directory into
RAM on the server machine. At the same time, the server opens a new transactional log file
called tm1s.log in the data directory. After the cubes are loaded, the remote server is
available. The clients log into the TM1 Servers whose data they want to access.
2. While the TM1 server is running, all cube data resides in RAM. All edits received from TM1
clients are stored in a transaction log file named tm1s.log. As new values are received from
clients, the TM1 Server writes the records to the tm1s.log file, keeping track of every data
change.
3. When the TM1 server is shut down, or when an explicit Save Data command is issued, any
changes to cube values are written from the transactional log file to the data directory. All
records in the tm1s.log file is saved to disk.

TM1 files overview

IBM TM1 Server requires many object and system files, most of which are stored in the TM1
Server's data directory.
Some of these files are installed with the product, while others are generated for each
dimension and cube you create. Yet other files are generated by TM1 to store metadata,
such as security information.

Data directory overview

The data directory contains the cubes, dimensions, and system information that are loaded
into memory when an IBM TM1 Server is started. When you access a server from any TM1
client, TM1 reads data from that server's data directory.
When you run TM1, the changes you make to cube values are immediately stored in memory
and in the transaction log (Tm1s.log). TM1 then saves the data back to the data directory
when any of the following occur:
• TM1 Server is shut down.
• An administrator right-clicks a server icon in Server Explorer and chooses Save Data
from the menu
• A user saves the batch updates.