Most of the world's highly reputable and largest companies are the family businesses. With their long-term vision and capacity to create employment, family companies are a significant growth factor in the economy of all nations. With these roles in the economy, they make a great contribution to the society in which they are located. Despite their strengths and global economic importance, family businesses have their own security vulnerabilities. The following problems threaten each family business; conflict among family members, clashes of generations, big investment decisions, fair distribution of profits, and assignment of people to important posts. The consequences of these possible problems can damage the company greatly. Family companies need to consistently manage the internal contradiction between family and business world in order to sustain dynamic progress across generations. It is difficult to find a balance that benefit from the best aspects of both the family and the business. However, if it is balanced, growth and development can be achieved at an unprecedented pace. This balance is exactly the name of the Art of Management of Family Business.
As R&M Consultancy Team, who ambitiously got into consultancy sector and has been taking firm steps forward with its experience of many years and with the principle of "Happy Family, Successful Career", we aim to create awareness in the field of Family Owned Enterprise Management Consulting in Turkey. We conduct objective analyzes on the partners, family members, executives who have a say in the family business, and successors who will take over the company after a generation; and we demonstrate our difference in the significant points of the life cycle of companies so as to maintain corporate sustainability.
