This paper analyzes Citigroup's Global Corporate and Investment Banking (GCIB) especially the IT department.
Written in 2006; 1,485 words; 6 sources; APA; $ 49.95
Paper Summary:
This paper explains that the IT department of the Citigroup's Global Corporate and Investment Banking (GCIB) implemented a revolutionary system called Mystic. The author points out that Mystic was designed and developed to not only be a transparent window into the status of all of Citigroup's GCIB IT projects but also a technology catalog, a knowledge library, a reusable asset manager and a global talent manager. The paper relates that Citigroup's Knowledge Center, an incredible asset for the organization, identifies experts in their field, which allows Citigroup to utilize these people as effectively and efficiently as possible, where their skills are needed most.
Table of Contents:
Introduction
The Competitive Forces Model and Citigroup's GCIB Competitive Strategy
The Business Model Processes Using the Value Chain Model
Importance of Information Technology to Citigroup
The Introduction of Mystic
Advantages of the Citigroup Knowledge Center and Application by Any Large Organization
Conclusion
From the Paper:
"Inbound logistics includes items such as inventory control, and is one of the facets addressed at Citigroup with the implementation of Mystic. As noted, Mystic is not simply a project monitoring tool, it is also a technology catalog. Citigroup is able to manage their inventory of technology using Mystic to monitor where the technology is being implemented, how effective it is, and to warn as it nears the end of its lifecycle."
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