It’s hard to believe it took almost 500 hours and three months for Microsoft’s treasury team to come up with a unified definition of cash, but there you go.
Banks are now able to facilitate renminbi cross-border loans for corporates' activities outside of China. CT asks how important this pilot scheme really is.
Sometimes a little ingenuity is needed to cajole your team to do what you want. Offering cash bonuses to improve performance can work as long as there are clear boundaries.