As CitiGroup was being formed out of Travelers Insurance, Solomon Smith Barney, and CitiBank, many of the new executives were friends of one another. The company adopted an organizational architecture that financed large mergers, initial public offerings (IPOs), and corporate loans while using its brokerage house, Solomon Smith Barney, to sell stock in the companies it promoted to ordinary investors. Explain the potential issues of power and leadership in a new restructured corporation with a very complex structure.

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The Answer of As CitiGroup was being formed out of Travelers Insurance, Solomon Smith Barney, and CitiBank, many of the new executives were friends of one another. The company adopted an organizational architecture that financed large mergers, initial public offerings (IPOs), and corporate loans while using its brokerage house, Solomon Smith Barney, to sell stock in the companies it promoted to ordinary investors. Explain the potential issues of power and leadership in a new restructured corporation with a very complex structure.

As CitiGroup Was Being Formed Out of Travelers Insurance, Solomon