Family businesses in our country and in the world are an important force in
the economy. Therefore, the importance of family businesses in the economy is indisputably
large. But nowadays competition and globalization reduce the sustainability of family
businesses. This situation firstly harms the family business and then the economy
significantly. Strategic management has become a necessity in today’s world where
competition is increasing day by day and competition is globalized. Strategic management
activities are carried out to ensure long-term success in almost all sectors. They
can achieve the target and long-term achievements that they want to achieve in the
near future through strategic management. The focus of this study is on the adoption
of a strategic management approach to the positions that enterprises must take against
the conditions arising from global competition.
References
[1]
Aglargoz, O. (2012). Strategic Management and Public Relations Management. Eskisehir: Anadolu University Publishing.
[2]
Alayoglu, N. (2006). The Role and Importance of Establishing a Fair System in the Remuneration of Family Members in the Success of Family Businesses. 2nd Family Business Congress Proceedings Book, Istanbul, 549.
[3]
Athanassiou, N., & Crittenden, W. F. (2002). Founder Centrality Effects on the Mexican Family Firm’s Top Management Group: Firm Culture, Strategic Vision and Goals, and Firm Performance. Journal of World Business, 37, 139-150.
https://doi.org/10.1016/S1090-9516(02)00073-1
[4]
Aydiner, T. (2008). Investigation of the Organizational Commitment Concept of the Second Generation in Family Businesses: An Application in Family Businesses Affiliated with Izmit Chamber of Commerce. Unpublished Master’s Thesis, Kocaeli: Kocaeli University, Institute of Social Sciences, Department of Business Administration.
[5]
Coban, O., & Uysal, E. (2005). A Strategic Approach to Cooperative Competition: Policy Benchmarking. Marmara University Recommendation: Journal of Social Sciences Institute, 6, 73.
[6]
Findikci, I. (2011). Family Businesses (Extended 4th ed.). Istanbul: Alfa Publications.
[7]
Genc, N., & Karcioglu, F. (2004). Problems Faced by Family Businesses and Solution Suggestions, an Application. I. Family Business Congress Proceedings Book, Istanbul, 17-18 April 2004, Publication No. 40..
[8]
Karpuzoglu, E. (2004). Institutionalization in the Continuity of Family Companies. I. Family Business Congress Proceedings Book, Istanbul, 17-18 April 2004, Publication No. 40.
[9]
Kebeci, T. (2011). Management Approach and Institutionalization in Family Businesses. Istanbul: Second Man Publishing.
[10]
Kramer, A., & Kroon, B. (2020). Family Capital in Family Businesses: Complementarities of Human and Social Capital. In Handbook of Research on the Strategic Management of Family Businesses (pp. 1-21). Hershey, PA: IGI Global.
https://doi.org/10.4018/978-1-7998-2269-1.ch001
[11]
Leiblein, M. J., & Reuer, J. (2019). Foundations and Futures of Strategic Management.
https://doi.org/10.2139/ssrn.3396754
[12]
Okumus, F., Altinay, L., Chathoth, P., & Koseoglu, M. A. (2019). Strategic Management for Hospitality and Tourism. London: Routledge.
https://doi.org/10.4324/9781351188517
[13]
Olson, P. D., Zuiker, V. S., Danes, S. M., Stafford, K., Heck, R. K. Z., & Duncan, K. A. (2003). The Impact of the Family and the Business on Family Business Sustainability. Journal of Busiedness Venturing, 18, 639-666.
https://doi.org/10.1016/S0883-9026(03)00014-4
[14]
Pazarcik, O. (2004). Definition of Family Enterprises Institutionalization and Governance. I. Family Business Congress Proceedings Book, Publication No. 40, Istanbul, 17-18 April 2004.
[15]
ülgen, H., & Kadri, M. S. (2013). Strategic Management in Businesses (6th ed., p. 499). Business-Economy Series: 581, Istanbul: Beta Publications.
