Cross-cultural coaching and Cross-currency interest rate swap: Difference between pages

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''Working effectively with others.''
(CCIRS). A longer term derivative contract which is used to transform longer term interest rate-related obligations or assets in one currency, into another currency. 


In an organisational context, culture includes differences in degrees of:
For example, a GBP-based firm with a USD borrowing might use a CCIRS to transform the USD borrowing into a synthetic GBP borrowing.


*Distance between more powerful and less powerful individuals.
The concept of a CCIRS was developed from the (same-currency) interest rate swap market, which most commonly swaps fixed and floating interest rate streams in the same currency.
*Individualism.
*Tolerance for uncertainty.
*Longer-term or shorter-term perspectives.


Same currency interest rate swaps exchange interest flows in the same currency (but calculated on different bases).
Cross currency interest rate swaps exchange interest flows denominated in different currencies.
Cross currency interest rate swaps usually exchange currency principal amounts at their maturity (unlike same-currency interest rate swaps).


Culturally intelligent people have greater:
Also known as Currency interest rate swap or Foreign currency swap.
*Awareness of cultural differences.
*Capacity to change their behaviour to accommodate cultural difference.
*Motivation to change their behaviour in the light of knowledge of cultural differences.
*Conceptual ability to make sense of culturally diverse contexts.  


== See also ==
* [[Asset-based swap]]
* [[Currency risk]]
* [[Currency swap]]
* [[GBP]]
* [[Interest rate swap]]
* [[Swap]]
* [[Synthetic]]
* [[USD]]


Cross-cultural coaching aims to support clients to become more culturally intelligent.
==See also==
* [[ACT Competency Framework]]
* [[Behavioural skills]]
* [[Business skills]]
* [[Coaching]]
* [[Commercial drive and organisation]]
* [[Corporate governance]]
* [[Corporate social responsibility]]
* [[Emotional intelligence]]
* [[Executive coaching]]
* [[Governance]]
* [[Growth mindset]]
* [[Health and wellness coaching]]
* [[Influencing skills]]
* [[Mentoring]]
* [[Regulation]]
* [[Self management and accountability]]
* [[Self-regulation]]
* [[Technical skills]]
* [[Wellbeing]]
* [[Working effectively with others]]
[[Category:Commercial_drive_and_organisation]]
[[Category:Influencing]]
[[Category:Self_management_and_accountability]]
[[Category:Working_effectively_with_others]]
[[Category:Planning_and_projects]]

Revision as of 14:19, 23 October 2012

(CCIRS). A longer term derivative contract which is used to transform longer term interest rate-related obligations or assets in one currency, into another currency.

For example, a GBP-based firm with a USD borrowing might use a CCIRS to transform the USD borrowing into a synthetic GBP borrowing.

The concept of a CCIRS was developed from the (same-currency) interest rate swap market, which most commonly swaps fixed and floating interest rate streams in the same currency.

Same currency interest rate swaps exchange interest flows in the same currency (but calculated on different bases). Cross currency interest rate swaps exchange interest flows denominated in different currencies. Cross currency interest rate swaps usually exchange currency principal amounts at their maturity (unlike same-currency interest rate swaps).

Also known as Currency interest rate swap or Foreign currency swap.

See also