Professionalism in Family Business: Fine Line between Emotions and Work

Professionalism in Family Business: Fine Line between Emotions and Work

The necessity of professionalization in family companies

More than 95 %of the enterprises in Türkiye are family companies. Unfortunately, very few of these companies can take over the second generation in a healthy way. One of the main reasons for this is that the boundaries between emotions and work are blurred and professionalism cannot be sufficiently established. At this point, institutionalization in family companies is an inevitable need.

Institutionalization is not just writing procedures or drawing an organigram. The main issue the establishment of systems that will prevent emotional ties from managing business processes . Emotion is valued, but decisions should not be delivered to emotion. Otherwise, both family relations and occupational health will be damaged.

Emotions and work: should support each other, not to prevent

In the growing jobs, "kinship relationships" often come to the forefront instead of professional relationships. “He is my brother, words are not said” , “My son made a mistake, but he gets used to time” sentences, in fact, the harbinger of big problems, aftershock earthquakes. Because even though family members are emotionally interconnected, everyone's role and responsibility in the work environment should be clear.

The thin line here is to be able to draw professional boundaries clearly in the business environment while protecting family ties. Protecting this line is the basic condition for sustainability and growth in family companies.

What does professionalism mean?

Professionalism; Evaluation of the hired person according to their competencies, promoted according to performance and the rules are applied equally for everyone. Even if the family individual, the position in the company should deserve merit, like other employees should be supervised and evaluated.

For this, the following systems must be established within the company:

• Defined duties and responsibilities
• Transparent Performance Evaluation System
• Culture of Adaptation to Rules
• Board of Directors Structure and Professional Consultancy Support

Through these steps, professionalism does not prevent emotional relationships at work, but on the contrary, it protects them. Because professionalism reduces conflicts, clarifies expectations and makes decisions easier.

Contribution of institutionalization to family ties

Institutionalization is often met with concern that family members will move away from each other. However, the correct institutionalization process strengthens communication between family members. Thanks to the net roles, everyone's limits are determined and responsibilities are shared fairly. This reduces conflicts.

In addition, in a well -managed family business, things work more regularly and more time for everyone's private life. Parents can spend more time with their children, and the brothers can strengthen their ties outside of work.

It should not be forgotten: institutionalization in family companies is necessary for the sustainability of both the business and family relations.

The effect of emotions in decision -making processes

Decisions in family companies are often made according to something "felt". However, institutionalized structures make this process more objective. For example:

• Investment decisions are based on financial analysis.
• Recruitment is made according to competencies.
• Wage policies are shaped according to the market and performance.

Thanks to these systems, not according to the current mood of the boss; Decisions based on data and strategy are made. This ensures the stability of the company.

Professional external consultancy and training is a must

The biggest support in the institutionalization process of family companies comes from professional consultants. Analysis of an impartial analysis clearly reveals the photograph of the current situation. At the same time, the determination of roles appropriate to family members, communication trainings and development of management skills to get expert support makes a big difference.

At this point the Company Development Academy , we offer holistic solutions for both strategic planning and domestic communication. Our aim is to prepare the company for the future without damaging family ties.

Professionalism plays a key role in transition between generations

Generation transition in family companies is always a critical process. The first generation is entrepreneur, the second generation can be developers and the third generation can usually be a distributor. The way to break this cycle is to take institutionalization steps at an early age.

a strong management culture and system to younger generations, but a strong management culture and system. This is only possible through professional processes.

Conclusion: Both Family and Be Corporate

The greatest success in family companies is to be able to remain a family and to be institutionalized. These two are not opposite, but there may be two complementary values. It is possible to behave professional by preserving our emotions. As long as we can determine this line correctly and take the necessary steps for sustainable success.

Remember, professionalism protects not only your job, but also your family.

 

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