Taking Charge at Dogus Holding (A)

Case Solution

Rakesh Khurana, Gina M. Carioggia, Simon Johnson
Harvard Business School ()

It describes the challenges 37-year-old Ferit Sahenk faced when he took over the Turkish company traditionally run by his father worth US $ 14 billion at a time of economic instability. To bring the large holding company into the 21st century, it is necessary to create a more institutionalized structure, in contrast to the very personal style of Ferit’s father, who built the company for the past 50 years. It covers questions on how to create credibility as new company leadership, how to motivate board members to be more involved in company decisions, how to deal with the complexity of family business succession at a time of increasing international competition and politics and finance. turkey instability.

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