Running a major business is difficult for anyone to do. There are few people who possess all of the skills required to make a positive difference in a large company. Luiz Carlos Trabuco Cappi is the type of person who has those skills. During his time with Bradesco, he implemented various changes to help improve the company.
Some other leaders at Bradesco decided it would be best if Luiz Carlos Trabuco Cappi went somewhere else. Although he did a good job with the company, he also made some mistakes along the way. With the banking field changing every year, Bradesco needs to act quickly in order to replace him.
Leveraging Technology in Banking
Technology is a vital aspect of running any business according to istoe.com.br. Investing in new technology is not cheap. In addition, it requires a lot of time to get right. Luiz Carlos Trabuco Cappi had the vision to make Bradesco a company with a ton of great technology to offer customers.
Many young customers in Brazil want to use online banking more than traditional banking. These new investments allow customers to use online banking options with Bradesco. Many people believe that this will lead to improved sales in the years ahead.
Another area that Luiz Carlos Trabuco Cappi wanted to improve at Bradesco was employee morale. When he took over the company, it was quite common for people to leave within a few months of working at the company. Bradesco did not that employees well, and they also paid less than the industry average.
Luiz Carlos Trabuco Cappi decided that he wanted Bradesco to attract some of the best talents in the industry. Over the years, he was able to work hard in order to accomplish this goal.
Not only did he offer more benefits to employees, but he increased pay as well. At first, this came as a surprise to other leaders in the company. It would eventually benefit the company in the form of lower turnover and higher productivity from workers.
Small Business Owners in Brazil
Throughout his time at Bradesco being the CEO, Luiz Carlos Trabuco Cappi always wanted to help small business owners in Brazil. As the Brazilian economy improve, more people are willing to risk money in order to start a company.
However, few people have the cash needed to start a new company. This is why business loans are becoming so popular in Brazil. Luiz Carlos Trabuco Cappi wanted to help small business owners with multiple loan options.
Future Plans for Bradesco
Bradesco is a company that is growing and doing well. However, Luiz Carlos Trabuco Cappi is no longer a part of the leadership team. The company needs to move fast in order to replace him as CEO. There are numerous candidates for the position.
Luiz Carlos Trabuco Cappi did a lot of great things for Bradesco. His leadership is something that many people in the banking industry admire. Some employees miss him being the CEO of the company.