Many factors influence the success of a company. Although it is hard to list all of them, one of the most significant factors of business is leadership. Many companies have seen a change in their income as a result of a change in the leadership. Luiz Carlos Trabuco has illustrated the meaning and the impact that it has on the industry of Brazil.
Luiz Carlos Trabuco served as the President of the Bradesco bank. He assumed the position at a very bad time. The dominance of the company was at stake. However, through his skills, he was able to restore the stability of the company. This was through few adjustments in the system and acquisitions to gain leverage of the firm.
The bank has been facing a challenge trying to figure out who to take as his replacement after his stepping down. Individuals like Luiz Carlos Trabuco are rare and hard to come across; his services in the firm and advice were indispensable. Also, Bradesco being the leading banking institution in Brazil is not an organization that anyone can lead. It requires someone with experience and has a great reputation. Note that Luiz Carlos Trabuco had been in the firm for over four decades when he was made the president of the company. He had also shown his competence in the sector by leading successfully in other sectors like the banking insurance system.
The new president of the foundation, Octavio Lazari, is a businessman and a committed individual. However, the bar that Luiz Carlos had set was very high, and many people feel he will have to work hard to match the standards. Luiz Carlos has established his relations with the society, and also contributed to the welfare of the community through his humanitarian work. He has not only helped in shaping the Bradesco bank but the Brazilian business at large.
The only thing that the clients can hope is that the new president will deliver like Luiz Carlos if not better. The contribution the latter has left in the firm will impact the bank positively for decades. He created an undeletable legacy in the industry.