In October 2017, Honeywell International announced its intention to spin off its Homes product portfolio and ADI global distribution business, as well as its Transportation Systems business, Turbo, into two standalone, publicly-traded companies. We find out how this non-standard implementation was turned into a success.
Keen to future-proof its treasury function, Pernod Ricard India (PRI) has undergone an impressive digital transformation that has led to signiﬁcant efficiency gains and delivered important sustainability beneﬁts. Discover highlights from PRI’s transformation journey and why treasurers must pay attention to corporate social responsibility (CSR).
The world economy is arguably at a historical watershed. Think of an accelerated industrial revolution, rapidly developing new technology and a big shift in economic power from West to East. Naturally, governments and corporates are redirecting their policies and strategies accordingly – and, in the case of corporates, the treasurer is set to play an important enabling role.
Next generation treasury functions will work in real-time, with highly integrated, automated systems. Treasury teams will leverage intelligent tools; data will power forward-looking decision-making; and manual legwork will give way to strategic thinking. But how can treasurers deploy innovations associated with the Fourth Industrial Revolution, also known as Industry 4.0, to work towards this vision of Treasury 4.0?
The scale of China’s Belt and Road Initiative (BRI) is striking: involving nearly two thirds of the world’s population, 68 countries and over 40 per cent of global GDP. But what are the risks and opportunities arising from BRI for corporate treasuries, particularly for those in the real estate sector?