Management and its Practices

Abstract

The origins of Turkish private capitalism, which effectively dates from the 1950s, are in family ownership. This is very evident still today in the ownership of the large conglomerates that dominate many sectors of the economy. Both in these conglomerates and elsewhere there has been a tendency towards the emergence of professional managers. As one commentator sums it up: a younger generation of professional managers is emerging which has high education standards, no language problems, who are intelligent, willing to learn and work and who have a ‘Yankee style’ (Oktay 1996: 97).