Abstract
Family businesses take an important place in the labor-intensive tourism sector as well as in all sectors. In this context, the behavior of family members in the business and the prevailing managerial approach should be examined. The aim of the research is to identify the institutionalization problems of family businesses operating in the tourism sector. Semi-structured interviews were held with the managers of family businesses operating in the tourism sector in Kocaeli and descriptive analysis was carried out. In interviews with a total of 25 participants, it is stated that more than half of the businesses do not have an institutional identity. According to the results of the research, institutionalization problems of family businesses serving in the tourism sector can be listed as making impulsive decisions by executives who take the position of senior management in the business, making strategic decisions concerning the business by the business owner, verbal communication of decisions taken by family members, non-family managers have no influence on decisions, difficulties in implementing decisions due to different views of family members, not being able to quickly report decisions made by family members to unrelated managers and employees.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.