Rip off the Band-Aid: When a Faster Succession Is the Right Succession

WEEKLY EDITION • July 15, 2026

In this third issue of our 2026 series from BanyanGlobal, Rebecca Yu and Rob Lachenauer challenge the conventional wisdom of a slow succession process, arguing that, in some cases, prolonged transitions can create ambiguity, undermine new leadership, and ultimately delay the very change they are intended to support. This article offers practical guidance for advisors navigating one of the most difficult aspects of succession: helping founders let go while ensuring the next generation can truly lead.