ISTANBUL BUSINESS CULTURE AND BUSINESS ENVIRONMENT
is the heart beat of Turkey for business.
In this rapidly changing environment, one thing remains the same
,the small business world. Therefore, everybody know each other. In
Istanbul, human aspect of relationships, especially the friendships, are
very important. Strong family ties and personal relationships may play a
may be hard to keep secrets in business life. Most business is done
according to verbal agreements. Written committments are difficult to
obtain. Verbal part of business is always bigger than the written part.
The value of a handshakes is the businessmen’s
pride since people are very emotional and there is more place for
people are smart, intelligent, hardworking and reliable with high
morality and enthusiasm, they generaly stick to their word.
However the value put on procedures and systems is tend to
increase when doing business with internationals. Due to working in
extreme business conditions, they are very flexible in adopting and
always look for external ideas and other ways of working.
This enables the businessmen to decide very fast and start
business very aggressively.
education standards are high in the young generation and almost
everybody knows a second language. You may call them visionary Yankees who are open to
learning and willing to work. The old generation tends to continue to
think in hierarchical terms. They are mostly the boss type and are
distant to their employees. Obedience to authority is very much dominant
in every aspect of life and people like to follow a leader. The
education system is based on learning by heart and is not suitable to
direct people to questioning.
Business in Istanbul, one prefers to create a friendly business
atmosphere in their business dealings by devoting more time to the human
side of the business. When it comes to deal executions, you will face
expert negotiators in a very positive atmosphere that brings a lot of
compromise and create things that work
for mutual profitability..
life has so much to offer to prepare this groud work for business. New
ideas pop up like the stars in the Bosphorus and ventures are brought to
day light from dusk till dawn. Competition
is swift and challenges you to find the new new thing. Once it is
announced and lead ther will be followers.
allow me to be your friend “businessguide” in Istanbul, able and
ready to assist you through your business
relationship starts here, in Istanbullife where
enchanted and mystic experiences come along.
Nihat Dincmen, is a senior consultant for an international non-government organization which specializes in business competitiveness and industrial strategy.