Services for Family Businesses
The phrase “We are a family” is often heard in the business world, but relationships in professional life are very different from family relationships. In family businesses, this difference can sometimes be an advantage and sometimes a problem. Emotional bonds and business relationships can intertwine, which can be more challenging than it seems. The reflection of relationships among family members in the work environment is critical for the sustainability and future of the business. ADRIstanbul offers comprehensive solutions to minimize the challenges faced by family businesses and ensure the growth of their enterprises.
Family Constitution
A Family Constitution is a written document created to secure the future of family businesses. This document defines the roles, responsibilities, and rights of family members in the business world. The family constitution establishes the management structure, values, and long-term goals of the company. This way, it prevents potential disputes among family members and ensures the sustainability of the company. In the process of creating a family constitution, we consider the views and suggestions of all family members to achieve a common understanding and consensus.
Resolution of Internal Management Disputes
Management disputes in family businesses can negatively affect the performance of the enterprise. Common issues include generational differences, the new generation’s desire to implement changes based on their education, resistance from the established company culture to these changes, and the adaptation difficulties of newly joined family members. Resolving disputes without resorting to legal processes is critically important for family relationships. ADR methods produce valuable results in all areas of life, but their use and outcomes in family businesses are particularly valuable. ADRIstanbul plays an impartial role in resolving disputes among family members and takes necessary measures to build a long-lasting peace environment.
Strategic Planning and Future Management
Creating strategic plans for the future guarantees the long-term success of family businesses. With the services we offer in this scope, we determine the necessary steps for your company to achieve its goals and develop feasible strategies. Future management is vital for the sustainable growth of your family and business.
Institutionalization and Structural Improvement
Institutionalizing family businesses is more difficult than any other company due to internal family dynamics. Institutionalization processes can be painful as they require revising some habits and successful practices that have brought the company to its current state. Therefore, every step must be taken carefully, and creating a positive company culture is essential. ADRIstanbul’s ADR and industry experts first analyze the current structure of your company and create a roadmap. We implement the necessary improvements step by step, enhancing the culture to manage your business professionally and increase your competitiveness.
Communication and Collaboration Development
Healthy communication is a priority for every company. In family businesses, communication channels are not limited to the company structure, which can sometimes be a disadvantage. Besides the communication among family members, the communication with non-family professionals working in the company should also be handled sensitively. With the services we offer in this area, we support the healthy functioning of internal communication channels, the development of a feedback culture, and the resolution of communication difficulties.
Every family has unique dynamics, and so does every company… It is important to develop a strategy that suits the company culture beyond standard solutions. We are here to solve problems before they grow or even before they occur.