One of the world's largest telecoms equipment provider, Huawei has announced that will hand out 2 Bn yuan ($286 Mn) in cash rewards to staff working to help it move out of a US trade blacklisting.

Huawei has been under radar for the risks in its products identified by the US government. Many in the US government believe that Huawei's equipment, particularly its 5G networks, pose a security risk. The quality of the products has been in question because of company's allegedly close ties to the Chinese government. While Huawei has denied that Chinese government plays any role in its operations, it has been banned since May.

To lift this ban Huawei is ready to invest in employees who help it build alternative products. The cash rewards are hence, likely go to research and development teams and employees working to shift the company's supply chains away from the United States.

Huawei's human resources department in a notice mentioned, "The cash is a mark of recognition for work in the face of US pressure."

This move by Huawei highlights the increased importance of innovation. What the telecom provider needs currently are employees who are able to think out of the box and work together to come up with alternative solutions. From innovative solutions to alternative supply chains, Huawei needs to transform the way it does business. It will be interesting to see how these cash rewards help Huawei lift its US ban.