The objective of this course is to examine the characteristics of businesses that have family ownership or activity established with a lot of effort, to convey an institutionalization based on their own traditions and core culture, but also to include universal business rules, and to give students a perspective to understand the problems specific to family businesses.
Prerequisite(s)
Corequisite(s)
Special Requisite(s)
Instructor(s)
Course Assistant(s)
Schedule
Office Hour(s)
Teaching Methods and Techniques
Principle Sources
Other Sources
Course Schedules
Week
Contents
Learning Methods
1. Week
General Information on Institutionalization in Family Companies
Oral Presentation
2. Week
Establishment, Development and General Features of Family Businesses
Oral Presentation, Practice
3. Week
Family Companies in Turkey and the World
Oral Presentation
4. Week
Management and Organization in Family Businesses
Oral Presentation
5. Week
Institutionalization and Restructuring in Family Companies
Oral Presentation
6. Week
The Restructuring Process in Family Businesses and the Family Business Constitution
Oral Presentation
7. Week
Unity of Logic and Emotion in the Family Business Constitution
Oral Presentation
8. Week
Midterm Exam Week
Assessment
9. Week
Midterm Exam Week
Assessment
10. Week
Common Features of Over 100 Years of Family Businesses: How Did They Succeed?
Oral Presentation, Case Study
11. Week
Leadership in Family Businesses: Servant Leadership
Oral Presentation
12. Week
Main Features Providing Sustainability in Family Businesses: "Eyvah Yeni Kuşak Geliyor"
Oral Presentation, Case Study
13. Week
Raising a New Generation in Family Businesses, Family and Education
Oral Presentation, Case Study
14. Week
Overview
Practice
15. Week
Final Exam Week
Assessment
16. Week
Final Exam Week
Assessment
17. Week
Final Exam Week
Assessment
Assessments
Evaluation tools
Quantity
Weight(%)
Midterm(s)
1
20
Quizzes
1
10
Homework / Term Projects / Presentations
1
20
Final Exam
1
50
Program Outcomes
PO-1
Demonstrates a basic level of understanding in related disciplines (such as economics, sociology, psychology, quantitative sciences, etc.) that form a foundation for business administration, and makes use of and applies them to the field of business.
PO-2
Applies mathematical, scientific, and social knowledge to business problems.
PO-3
Demonstrates a basic level of understanding in business functions and management (such as management, production, marketing, accounting, finance, human resources, behavioral sciences, etc.) and interprets the theoretical arguments focusing on interactions between the actors and the cultures in the field.
PO-4
Determines how to use acquired theoretical and practical knowledge and skills related to business in application and field analysis and applies them.
PO-5
Identifies and evaluates the relations in the field of business; describes the problems and presents analytical solutions through modeling and interpreting (critical thinking).
PO-6
Designs a business process in any functional stage that complies with identified objectives.
PO-7
Develop effective business communication skills (written-verbal/formal-informal).
PO-8
Owns effective working skills individually or on a team in business and multidisciplinary fields.
PO-9
Acts with a sense of professional and ethical responsibility.
PO-10
Improves effective verbal and written communication skills in English, and acquires competence in a minimum of one foreign language.
PO-11
Acquires basic knowledge about sustainable business understanding, sustainable business functions, and the concept of sustainability.
PO-12
In line with the requirements of the digital age, they gain experience and knowledge to see and analyze the business as a whole, analyze market behavior, sales, and planning, budget management, financing, create a strategy, read competitor strategies, construct scenarios and performance evaluation skills through teamwork on a virtual simulation program.
PO-13
Having both basic computer usage knowledge and advanced Excel usage knowledge required by the business world for writing formulas, data analysis, modeling, and using macros.
PO-14
Acquires knowledge and skills about current information systems and how to use these systems in business problems.
PO-15
Gains the competence to use an ERP-based computer software in the field of accounting and to apply financial accounting transactions digitally on this software.
Learning Outcomes
LO-1
To gain the ability to recognize family businesses often encountered and in the world an Turkey.
LO-2
To gain the ability to develop solutions for various problems of family businesses
LO-3
To learn the theory and development of restructuring and institutionalization in the organization
LO-4
To comprehend the importance of institutionalization for family businesses.
