Citibank's decentralization

People oriented
the core of corporate culture, Citibank has established the strategy of "people-oriented" since the beginning of its business, and attaches great importance to the cultivation and use of talents. Its human resource policy is mainly to create a family friendly enterprise atmosphere of "career retention, treatment retention and emotional retention", so that employees can grow up with the enterprise at the same time, and employees can have a "sense of achievement" and "sense of home" in Citigroup. Citibank CEO sendiwell's annual salary is as high as 152 million US dollars, which is far ahead of the US CEOs; Taking Citibank Shanghai Branch as an example, each functional department has a number of deputy manager positions. In general, undergraate graates can be promoted to deputy manager after three years of work, and postgraate students can be promoted to deputy manager after one year. Their income is several times or even ten times of the same "rank" in China
customer first
the soul of corporate culture the best part of Citibank's corporate culture is to take the improvement of service quality and customer-centered as the bank's long-term strategy, and fully realize that the key to the implementation of this strategy is to have a brand to attract customers. After painstaking exploration, Citigroup has achieved success. In 2013, Citibank's business market covers more than 100 million customers in more than 100 countries around the world, and its service brand is world-famous. In the eyes of many customers, the word "Citibank" represents a world-class financial service standard
seek innovation
the sublimation of corporate culture in Citibank, from development strategy to service form, is constantly innovating. It believes that transformative and bold decision-making is the key to the breakthrough development of enterprises, and if you can foresee the future, you have the future. That is to say, enterprises must innovate endlessly and continuously. Citigroup's boldness
the United States has proced many world-class top companies, which can be said to be the result of the success of the U.S. market system. However, the Citigroup merger case shows that when the system shackles the reality, only the companies that have the courage to explore and innovate can find the corresponding development path and effective methods in the process of continuous game with the system, and truly maintain and enhance the sustainable competitiveness of the company< There are many strategies for Citigroup to succeed, but differentiation strategy is the core weapon for Citigroup to make full use of the characteristics of scale economy and scope economy of financial instry by virtue of its huge marketing network and proct diversification, to carry out a wide range of global competition, to form a global competitive advantage, and to increase the entry barriers and competition costs of competitors
Citigroup's executive power
integrating such a huge and diversified financial empire is no less than a world-class war. It is said that Weir's greatest achievement is to complete the integration of Citigroup and its numerous mergers and acquisitions with incredible speed and strength. Today, Citigroup has confirmed the famous saying: "without execution, there will be no competitiveness.". Citigroup strives to create a working environment in which different personalities are embraced and praised, and people are encouraged to give their full wisdom
Citigroup officially launched the establishment of employee network, which provides a forum for employees to pay attention to their interests and enhance their professional growth. The network group is open to all employees to build diversity awareness and support the company's business objectives, such as recruiting excellent talents and identifying market opportunities. Today, various employee organizations have been set up within Citigroup. Citigroup's global diversity office regularly visits these organizations and provides them with guidance and support. Citigroup officially recognizes all kinds of healthy employee network groups existing in the company. Citigroup has a variety of employee organizations and networks, focusing on different fields, including gay and lesbian organizations, women's organizations, working parents' organizations and so on. Other groups have also been set up. The recognition of these organizations and groups promotes the network construction and ecation cognition of Citigroup, and helps the company achieve innovation and development in recruitment, marketing and other aspects
Citigroup pride
the first employee network organization of Citigroup is Citigroup pride, which was founded in New York and has branches in Dallas and the United Kingdom and is open to all employees“ The main goal of "proud Citigroup" is to foster an inclusive and respectful environment throughout Citigroup, so that employees feel comfortable here, regardless of sexual orientation, gender or sexual expression“ "Proud Citigroup" believes that creating a safe, supportive and competent working environment for all Citigroup employees can attract the best talents, increase loyalty and improve proction efficiency“ Proud Citigroup regularly organizes various related activities, such as organizing a proud month project in New York in conjunction with Citigroup's global diversity office
c-women
c-women is an organization founded in Citibank private bank, which is dedicated to supporting members' flexibility and professional needs, and providing encouragement, guidance and other measures for people at all levels through networking and leadership skills forum. C-women have many main spokesmen, and many successful career women of Citigroup often share their career experience with the organization
working parents network
Citigroup's working parents network was founded in 2002, which is a new employee organization of Citigroup“ Working parents is founded to share information with employees and provide support for them to better balance work and family life. Every month, the working parents network holds activities or meetings. At various activities, employees listen to the speakers' speeches. The topics range from saving money for college to how to choose appropriate child care services. They are all inclusive and aim at meeting the needs of employees
heritage months
at Citigroup's U.S. headquarters, several months are designated as heritage months to thank various organizations for their achievements. In these special months, Citigroup's business group was encouraged to hold programs to ecate, build faith, and celebrate Citigroup's tradition of employee diversity. For example, Citi global cooperation and investment bank embraces the Spanish traditional month (September 15 to October 15 each year), provides Spanish cooking methods through a parade of female messengers, and provides local coffee for local people
as an informal organization, various employee groups within Citigroup provide a valuable platform for employee communication and play an important role in promoting the construction of diversified employment culture of Citigroup. Therefore, the senior management of Citigroup will give corresponding support to the development of internal staff informal organizations, and guide these organizations to play a positive role in the team development of Citigroup's 270000 employees around the world<
building loyalty
founded in 1812, Citigroup has a long history of nearly 200 years, and has formed a solid corporate culture and a good operating mechanism. Have a good employment atmosphere, so that employees feel that they are constantly improving. For those who want to be successful in the financial sector, Citigroup is undoubtedly the best starting point and the best platform for developing employees
even those who leave Citigroup are the best financial talents. The former financial secretary of Hong Kong, Mr Antony Leung, has worked for Citigroup for 21 years. Many other people, such as the finance minister of Pakistan, the finance minister of Belgium and the governor of the Central Bank of the Philippines, have been employees of Citigroup
therefore, the good corporate culture atmosphere of Citigroup attracts many financial talents to stay in Citigroup and learn valuable financial work experience
Citigroup has an excellent training system in the world, has a leading management style in the global financial instry, and the update speed of financial procts is very fast, so that employees can learn very fast instead of standing still. Employees have the opportunity to communicate with outstanding financial people from all over the world. Therefore, although the income of Citigroup in the same instry is not the highest (above average), Citigroup relies on excellent training system, fair and efficient incentive mechanism, good corporate culture atmosphere, and always in the spirit of innovation, incomparable learning environment, so that employees realize that they are always learning new knowledge and retaining employees
on the other hand, those employees with high loyalty will receive frequent training and promotion from Citigroup, which will give them opportunities for overseas development and further increase their loyalty

bitcoin is a central control center that is not used to issue and pay bitcoin. Fund transfer is jointly managed by network nodes, and all parties can hide their real identities. Bitcoin is created by ordinary people rather than central bank or government. Bitcoin system is not a simple payment system, but a real monetary system. It was created by people, not ordinary money< Citigroup said that bitcoin is expected to become a global settlement currency, and the conditions for bitcoin to become a global settlement currency are as follows

finally, the graal weakening of the US dollar is also one of the causes