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Planning

Process Planning in Management

    The goal of process planning is to improve and streamline the business methods of a company. This would have results like:
  • Lower costs, due to fewer staff needed to complete the same process
  • Higher efficiency, by eliminating problematic process steps like loops and bottlenecks
  • Higher accuracy, by including checkpoints and success measures to make sure process steps are completed accurately
  • Greater understanding by all staff of what they need to do to meet their department objectives

Principles of Process Planning

    Here are some general principles to keep in mind when evaluating or improving processes:
  • First, define the outputs, and then look toward the inputs needed to achieve those outputs.
  • Define the goals of the process and evaluate them regularly to make sure they are still appropriate. This would include specific measures like quality scores and turnaround times.
  • When mapped, the process should appear as a logical flow, without loops back to earlier steps or departments.
  • Any step performed needs to be included in the documentation. If not, it should be eliminated or documented, depending on whether or not it s necessary to the process.
  • People involved in the process should be consulted, because they often have the most current information on what works and what does not.

Steps in Planning process

1) Recognizing Need for Action

    The first step in planning process is the awareness of business opportunity and the need for taking action. Present and future opportunities must be found so that planning may be undertaken for them.

2) Gathering Necessary Information

    Before actual planning is initiated relevant facts and figures are collected. All information relating to operations of the business should be collected in detail. The type of customers to be dealt with, the circumstances under which goods are to be provided, value of products to the customers, etc. should be studied in detail.

3) Laying Down Objectives

    Objectives are the goals which the management tries to achieve. The objectives are the end products and all energies are diverted to achieve these goals. Goals are a thread which bind the whole company. Planning starts with the determination of objectives.

4) Determining Planning Premises

    Planning is always for uncertain future. Though nothing may be certain in the coming period but still certain assumptions will have to be made for formulating plans. Forecasts are essential for planning even if all may not prove correct. A forecast means the assumption of future events.

5) Examining Alternative Course of Action

    The next step in planning will be choosing the best course of action. There are a number of ways of doing a thing. The planner should study all the alternatives and then a final selection should be made. Best results will be achieved only when best way of doing a work is selected.

6) Evaluation of Action Patterns

    After choosing a course of action, the next step will be to make an evaluation of those courses of actions. Evaluation will involve the study of performance of various actions. Various factors will be weighed against each other. A course of action may be suitable but it may involve huge investments and the other may involve less amount but it may not be very profitable.

7) Determining Secondary Plans

    Once a main plan is formulated then a number of supportive plans are required. In fact secondary plans are meant for the implementation of principal plan. For example, once production plan is decided then a number of plans for procurement of raw materials, purchase of plant and equipment, recruitment of personnel will be required

8) Implementation of Plans

    The last step in planning process is the implementation part. The planning should be put into action so that business objectives may be achieved. The implementation will require establishment of policies, procedures, standards and budgets. These tools will enable a better implementation of plans.

International framework for liquidity risk measurement, standards and monitoring – consultative document #liquidity, #liquidity #coverage #ratio, #net #stable #funding #ratio, #liquidity #assets, #high #quality #liquid #assets, #liquidity, #basel #iii


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International framework for liquidity risk measurement, standards and monitoring – consultative document

The Basel Committee on Banking Supervision has issued for consultation a package of proposals to strengthen global capital and liquidity regulations with the goal of promoting a more resilient banking sector.

Introduction

Throughout the global financial crisis which began in mid-2007, many banks struggled to maintain adequate liquidity. Unprecedented levels of liquidity support were required from central banks in order to sustain the financial system and even with such extensive support a number of banks failed, were forced into mergers or required resolution. These circumstances and events were preceded by several years of ample liquidity in the financial system, during which liquidity risk and its management did not receive the same level of scrutiny and priority as other risk areas. The crisis illustrated how quickly and severely liquidity risks can crystallise and certain sources of funding can evaporate, compounding concerns related to the valuation of assets and capital adequacy.

A key characteristic of the financial crisis was the inaccurate and ineffective management of liquidity risk. In recognition of the need for banks to improve their liquidity risk management and control their liquidity risk exposures, the Basel Committee on Banking Supervision (“the Committee”) issued Principles for Sound Liquidity Risk Management and Supervision in September 2008. These sound principles provide consistent supervisory expectations on the key elements of a robust framework for liquidity risk management at banking organisations. Such elements include:

  • board and senior management oversight;
  • the establishment of policies and risk tolerance;
  • the use of liquidity risk management tools such as comprehensive cash flow
    forecasting, limits and liquidity scenario stress testing;
  • the development of robust and multifaceted contingency funding plans; and
  • the maintenance of a sufficient cushion of high quality liquid assets to meet
    contingent liquidity needs.

Supervisors, for their part, are expected to assess both the adequacy of a bank’s liquidity risk management framework and its liquidity risk exposure. Supervisors are also expected to take prompt action to address the bank’s risk management deficiencies or excess exposure in order to protect depositors and enhance the overall stability of the financial system.

To reinforce these supervisory objectives and efforts, the Committee has recently focused on further elevating the resilience of internationally active banks to liquidity stresses across the globe, as well as increasing international harmonisation of liquidity risk supervision. The Committee has developed two internationally consistent regulatory standards for liquidity risk supervision as a cornerstone of a global framework to strengthen liquidity risk management and supervision. The standards also respond to recommendations of the G20 that called for the Committee to “. enhance tools, metrics and benchmarks that supervisors can use to assess the resilience of banks’ liquidity cushions and constrain any weakening in liquidity maturity profiles, diversity of funding sources, and stress testing practices”. Furthermore, the G20 recommended that “. the BCBS and national authorities should develop and agree by 2010 a global framework for promoting stronger liquidity buffers at financial institutions, including cross-border institutions.”

It should be stressed that the standards establish minimum levels of liquidity for internationally active banks. Banks are expected to meet these standards as well as adhere to all the principles set out in the September 2008 Sound Principles document mentioned above. As under the Basel Accord (for capital adequacy), national authorities are free to adopt arrangements that set higher levels of minimum liquidity.

To further strengthen and promote consistency in international liquidity risk supervision, the Committee has also developed a minimum set of monitoring tools to be used in the ongoing monitoring of the liquidity risk exposures of cross-border institutions and in communicating these exposures among home and host supervisors.

This document is organised as follows:

  • Section II discusses the two measures of liquidity risk exposure developed to be
    formally-adopted standards for internationally active banking organisations.
  • Section III presents a set of common monitoring tools to be used by supervisors in
    their monitoring of liquidity risks at individual institutions.
  • Section IV discusses application issues for the standards and monitoring tools.

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Free network monitor – monitoring software EasyNetMonitor

  1. Is it possible to start the network monitor from FLASH drive?

Yes. Copy the EasyNetMonitor.exe file to the FLASH drive and start it. No installation needed.

By default EasyNetMonitor.exe uses the config file (enm_config.txt) from the folder C:\Users\USER\Documents\EasyNetMonitor .
But if in the EasyNetMonitor.exe folder there is the config file (enm_config.txt) then this file will be used in any case.

If you define the ‘Log’ as the event log folder in the Options window (in the enm_config.txt) then will be used the folder ‘Log’ in the EasyNetMonitor.exe folder as the event log folder.

You can use ‘..\Log’ notation for event log folder if needed.

Run program, open popup menu and add address of needed remote PC or internet host.
The new icon with this address will be added in EasyNetMonitor popup menu.
This icon will be green if the PC with this address is reachable across a network, otherwise the icon will be red.

EasyNetMonitor works by sending “echo request” packets to the target PC and listening for “echo response” replies. Program uses ping (ICMP) tool built-in Windows system.

If needed add EasyNetMonitor in the list of trusted (excluded) programs in Windows Firewall and Antivirus on your PC.

Please set the 25 Port without SSL to use your corporate email server.
If you want to send email notifications using gmail.com see here. if you use yahoo.com – see here .

If you use the smtp.gmail.com and receive the error messaage The SMTP server requires a secure connection or the client was not authenticated. The server response was: 5.5.1 Authentication Required then enable Less Secure Sign-In in your google account. After sign into google account, go to: https://www.google.com/settings/security/lesssecureapps

Emails fails, what can be the problem?
Please see the log file – there are error messages in it if email fails.
Please check:
Firewall settings – may be FW blocks ENM.
Antivirus settings – may be antivirus blocks ENM.
Please note – the name of PC should be in english!

  • Is there any possibility to add multiple email addresses for alerting in the case of failures?

    Yes, you can use several email addresses (use CC box in email options).

  • How many maximum IP’s that we can monitor from this software?

    In EasyNetMonitor you can use only 20 hosts.
    EasyNetMonitor RPO and SE do not have hosts limit.

  • The config file (enm_config.txt) is compatible for all versions of EasyNetMonitor, PRO and SE?
  • Can I edit the config file manually?

    Yes, of course. The program (service) should be stopped in this time.

  • Is there a way to mass add address? I can see what need to be set it in the config file, can I set my own. Something like [1][2] etc?

    Yes, of course, but this ID’s should be unique.

    [ID_IS_ANY_UNIQUE_STRING]
    TABLE=T_MAIN
    ADDRESS=google.com
    NAME=google website

    Each host should always have these four lines in the configuration file, others lines in section of the host are not mandatory.

  • Do I have to deinstall the program, if I use portable version?

    No, simply remove the program file of network monitor.

  • What to do if you see “Error at initialization of the address (0*с0000135). For Close press ОК. “?

    Such message appears when th Microsoft .NET 4.0 package isn’t installed on PC.

    FAQ for EasyNetMonitor PRO and EasyNetMonitor SE.

    1. Is it possible to start EasyNetMonitor PRO from FLASH drive?

    Yes. Copy the EasyNetMonitorPro.exe file to the FLASH drive and start it. No installation needed.

    By default EasyNetMonitorPro.exe uses the config file (enm_config.txt) from the folder C:\Users\USER\Documents\EasyNetMonitor .
    But if in the EasyNetMonitorPro.exe folder there is the config file (enm_config.txt) then this file will be used in any case.

    If you define the ‘Log’ as the event log folder in the Options window (in the enm_config.txt) then will be used the folder ‘Log’ in the EasyNetMonitorPro.exe folder as the event log folder.

    You can use ‘..\Log’ notation for the event log folder if needed.

  • How change the size of indicator?

    Please use Resize mode (On\Off) item in the popup menu (right mouse click) of indicator. Please see the picture .

    Using group you can:
    1. add top level item in the main menu that contains all hosts from this group
    2. change the order of hosts in the desktop indicator (the sorting rule: string=group+name)

  • What is the name of Windows service of EasyNetMonitor SE?

    The service name is EasyNetMonitorSrv.

  • Which should be settings of host if we would like to send an email after 3 consecutive “lost connection messages”, and then send an email, when the host is available again, but only after its status is “stable” (after 6 “online” messages)?

    You can use the the emulator mode in ENM for testing. Emails will be not send and will appear in “Emulator” window only. Create the simple txt file in ENM folder: enm_emu_offline_list.txt .
    If your host will be in start of some line of the text in this file – so ENM get “lost connection” message after ping for this host.
    For testing is useful to disable ENM monitor on some time and send pings from “Ping now” window for this host only.

    The settings in “Options->Email options” window are active for all hosts. If this options are active so will be send log file with info from all hosts. You can not use this options in your case.

  • What is the test (emulator) mode?

    This is a test mode for configuring notifications, e-mail messages and actions. Mode is activated if the text file enm_emu_offline_list.txt exists in the program folder. In this mode, the service (or EasyNetMonitor PRO) stops sending the real ping command to all hosts and gets information about “lost connection” hosts from this file. Addresses of this hosts are listed at the beginning of the lines in this file. All other hosts are “online”.

    In this mode, the actual e-mails will be not sent and actions will be not started. However, the information that the email should send and the action should run appears in the emulator message box. This emulator message box opens automatically.

    The addresses in the file should be at the beginning of the line.
    For example:
    google.com
    cnn.com
    vk.com

    This means that hosts google.com, cnn.com, vk.com are “lost connection”.

    If the address is not in the beginning of the line, that it is “online”.
    For example:
    google.com
    . cnn.com
    //vk.com

    Hosts cnn.com and vk.com are “online”. But there is no connection to google.com.

    You can open the file enm_emu_offline_list.txt in the text editor (Notepad), make changes and click “Save file” without closing the editor. If the program is installed in the Program Files, then run editor (Notepad) with administrator rights please.

    Please rename or delete this file to stop test (emulator) mode.
    It is not necessary to restart the service EasyNetMonitorSrv in EasyNetMonitor SE.


  • How many days will my DVR record? #discount #security #cameras #net, #digital #video #recorder #recording #dvr #hard #drive #record #mode #frame #rate


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    This is a very common question with a very simple answer; it depends.

    For those of you looking for a more complete answer I will go a little deeper. The amount of recording time the DVR can save is based on a few variables. They are the Hard Drive Size, Record Mode, Record Quality, Frame Rate, and Record Size.

    Hard Drive Size: When it comes to the hard drive the bigger the drive the greater the storage capacity. Typical size for a basic drive should start at 500 gigabytes and can be as much as 2 terabytes. Depending on the DVR it can hold multiple drives for a stacked effect. Some machines can hold as many as 12 terabytes. That is a whole bunch of storage!

    Record Mode: The mode you record in makes a big difference for the average user. The two most common options are 24 hour and motion only. 24 hour is exactly how it sounds. It never stops recording, which means it never stops filling hard drive space. Motion recording is great for locations with “downtime”. Businesses that operate from 9-5 will save a large amount of space during non business hours when there is nothing setting off the motion alarms triggers. I recommend motion in most every case. No motion equals no recording, which equals more record time.

    Record Quality: This may seem a little silly but there are applications where it is not necessary to get high quality recording. However, I generally recommend the best quality setting for all cameras. When you lower the quality of the recording you are storing less data.Less data equals less storage and more record time .

    Frame Rate (FPS): The average movie records and plays at 24 fps (pictures/frames per second). Real time recording for DVR systems is 30 fps. In most cases 15 frames a second looks pretty good but may miss some details that would be of great help in theft, slip and fall, and many other incidents. Unless storage time is a real problem I always recommend 30 fps. Basically, more frames equals more pictures and more pictures equals more data, which equals less record time.

    Record Size: Similar to record quality, record size changes the amount data placed on the hard drive. In most cases the standard recording is done in (352 x 240 resolution) aka CIF. The industry uses this as the basis for all the formulas for recording time. In most cases CIF is a reasonable record size. The larger the frame, the more data, which equals less record time.

    Now that you know more than you may have wanted to know about DVR recording let me tell you how the math works. In a typical scenario, a camera system will use about an average of 6 gigs of storage space per camera per day in motion mode. For 24 hour record it’s closer to 10 gigs per camera per day.

    Motion – 4 cameras and 500g HDD = 6g x 4 cameras = 24g per day.

    (Approximately 20 days)

    24 hour – 4 cameras and 500g HDD = 10g x 4 cameras = 50g per day

    (Approximately 12 days)

    Post navigation


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    Florida Car Hire

    Just a little bit about us.

    So you’ve booked the flights, sorted the villa rental, still um’ing and ar’ing about when to book the Orlando attraction tickets and your now about to tackle the car hire. Don’t panic though, this is the easy part. Florida car hire have been online for over seven years providing expert knowledge, friendly service and above all fantastic prices (as standard) with every rental.

    Check our latest rates and discounts currently available in over 500 Florida hire locations. Its simple, just enter your travel details into the search box and we’ll Check the latest rates now available from our major car hire partners in Florida. All prices include full insurance, unlimited mileage, local taxes and airport fees. You can even pre-book your fuel, GPS and additional drivers too [click here for full cover details]

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