Institutionalisation

 Establishing a corporate structure becomes a necessity for continuity and success in todays business life.
 Institutionalization is the process of establishing a sustainable management and organizational structure that can be transferred to sub-generations, regardless of the human factor, within the framework of established rules. Professional management is necessary to ensure business continuity and continuity of the company other than family.
 It may not always be possible to prepare successful managers among family members.
 The necessity of separating the ownership phenomenon of the family from the concept of professional management emerges.
 When such a distinction is in question, corporate governance becomes mandatory for the systems to work without being dependent on individuals.
 Institutionalized companies continue their business activities with lower costs, higher speed and revenue growth.