The current structure, or the organizational structure of a company can say a lot about it. This structure is made up of decision making processes, procedures, controls, and the chain of command. These structures are designed to work with one another to utilize what the firm has to offer (Hitt, Ireland & Hoskisson, pg. 332, 2015).
TCF Bank operates under a functional structure. With this type of structure, it is set up so each portion of the company is separated and grouped based on its purpose. With this structure, every department of the company can rely on specialized knowledge and talent in order to serve its purpose (Hitt, Ireland & Hoskisson, pg. 337, 2015). TCF Bank does not have as many segments as CITIBank because they operate on a