Archive for category: Institutionalization of Family Businesses

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Coronavirus Effect on Corporate Companies

Coronavirus, which was detected in Wuhan, China, and then took the whole world in its grip, changed all aspects of our lives, as well as changing the way many companies operate in the corporate structure.
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WARNING: There is conflict!

The most important feature of family companies is that they are based on domestic relationships, and as a result, they have emotional intensity. On the other hand, rationality should be fundamental to commercial enterprises. Under the circumstances, the Family...
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ILAN-I Inc.K.-3*

As we have been discussing our articles for two weeks, we call companies that are under the control of a family or families, a family business, regardless of their background or size. It's not a family business anymore, it's a multi-stakeholder, or it's completely...
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ILAN-I Inc.K.-2*

The world-renowned management consulting firm McKinsey & Company has published a report on the companies that are being founded and managed by families, making it more than ever before for family companies around the world today.
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ILAN-I Inc.K.*

Why does it concern the citizen on the street how family companies should be managed? Why are disputes between these companies, the family, subject to the press? Professionalization in family companies and their management...