Introduction
Family-owned banks often struggle with succession planning, risking the loss of institutional knowledge and stability. Richard Reid mediates generational transitions, preserving legacy while modernising practices.
How Richard Can Help
Reid’s conflict-resolution frameworks bridge gaps between traditional and digital-first leaders, ensuring a smooth transition of leadership. For a century-old bank, his succession plan increased next-gen leader readiness by 40%, preparing the organisation for future challenges. He also facilitates workshops that encourage open dialogue between generations, fostering mutual understanding and collaboration.
Conclusion
Successful succession honours heritage while embracing change—Reid balances both, ensuring that family-owned banks thrive in a competitive landscape.
