Institutionalization Coaching

Only 3 of every 100 family companies established by the first generation around the world can live up to the 3rd generation. 95% of the enterprises in our country are family companies. It has been proved by research that 60% of these companies disappeared when they we were transferred from the first generation to the second and 96% of them could not be transferred to the third generation.

The way to establish “family companies that live and grow down the generations” is to become an institutionalized family company that draws the line between the company, partners and family.

 

Ensuring sustainability in family businesses, transferring values to generations in the best way is possible with timely realization of institutionalization. Companies are able to successfully inherit from generation to generation where business is managed according to the rules, not by individuals, namely within the framework of “corporate governance” principles.

 

Institutionalization; in its simplest form is the creation of an efficient work environment. However, it is the family ties that are intertwined with business that distinguish family companies from other companies and make them a different area of expertise. In order to keep the domestic balance in the family companies, the necessary changes and adaptation to the market are continuously delayed and opportunities are missed. For this reason, the institutionalization of the company is not sufficient in family companies. Family relations also need to be institutionalized.

 

For this purpose, we offer institutionalization coaching services for the institutionalization of individuals and the company, the regulation and professionalization of family relations.