- Chair, Sabancı Holding (Diversified)
“[I]t was a difficult period for Turkey—the ’60s… the ’70s… If you look at that period, to be able to grow and to do projects did require… analytical thinking, having a long-term vision, feeling the trends, and also taking risks in certain areas.”
Summary
Sabanci also details the subsequent growth of the Group with joint ventures and licensing agreements with U.S., European and Japanese multinationals. During the 1990s, the Group professionalized its governance and management, despite major political and economic turbulence that culminated with the collapse of the entire Turkish financial system in 2001. The Group’s Akbank was the only Turkish bank which escaped nearly unscathed.
Sabanci explores the carefully-honed skills in managing cash flows and foreign exchange risk and explains how, over time, the Group developed competitive advantages in crisis management—both in turning around failed businesses and in building greenfield operations in turbulent conditions.Video Clips by Topic
Global Expansion
Gender
Güler Sabancı, CEO of one of Turkey’s largest family-owned business groups, Sabancı Holding, describes the importance of workforce diversity to help promote innovation and sustainability at the company. She also discusses the rising percentage of women working at Sabancı over her tenure.
Leadership
Social Responsibility
Family Business
Additional Resources
- Akbank Part A: A Crisis Is a Terrible Thing to Waste [HKS Case]
- Akbank Part B: It's a Young Country [HKS Case]
- Akbank: Credit Card Division
- Haci Omer Sabanci Holdings A.S. History
- “The World's 100 Most Powerful Women,” Forbes, 2016.
- “The International Power 50: Fortune's Most Powerful Women,” Fortune, October 10, 2013.
- “How Turkey's Business Superwoman Steers Empire in Man's World,” CNN, February 6, 2013.
- Melih Arat and Alper Özel, Değişimin liderleri: Dünya çapında başarılara imza atan Alarko, Eczacıbaşı, Koç, Sabancı ve Vestel şirketlerinin değişim öyküleri. Varlık, 2012
- “Setting a New Course for Turkish Philanthropy: Q&A with Güler Sabancı,” Global Giving Matters, January-February 2011.
- “Güler Sabancı: Conglomerate Sees Bright Future in the Energy Sector,” Financial Times, December 6, 2010.
- “First Lady of Turkish Finance,” The Observer, September 16, 2006.
- “Breaking into a Man's World,” The Economist, January 27, 2005.
- “Turkey’s Tire Queen,” Forbes, July 1999.
- Sakıp Sabancı, Turkey, Changing and Developing. S. Sabancı, c.1993
- “Turkey's Rags-to-Riches Sabanci Family Remembers Humble Cotton Fields Heritage,” Los Angeles Times, May 6, 1990.
- Sakıp Sabancı, This is My Life. World of Information, c.1988
- Sakıp Sabancı, Sanayici için Türkiye'nin AET'ye tam üyelik müracaatının önemi. Lebib Yalkın Yayımları, 1987
- Sakıp Sabancı, Para başarının mükafatıdır. Aksoy Matbaacılık, 1986
- Sadun Tanju, Hacı Ömer. Apa Ofset Basımevi, 1983
- Nimet Arzık, Ak altmın ağası: Hacı Ömer Sabancıʾnın hayatı. Tur Yayınevi, c.1970
- Ayşe Buğra and Osman Savaskan, New Capitalism in Turkey. Cheltenham, U.K.: Edward Elgar, 2014.
- Şevket Pamuk, Turkiye'nin 200 Yıllık İktisadi Tarihi. Is Bankasi Kultur Yayinlari, 2014
- Aslı M. Colpan, "Business Groups in Turkey," in Oxford Handbook of Business Groups, ed. Aslı M. Colpan, Takashi Hikino, and James R. Lincoln. Oxford: Oxford University Press, 2010.
- Yakup Kepenek and Nurhan Yentürk, Türkiye Ekonomisi. Remzi Kitabevi, 2000
- Erica Fry, "Güler Sabancı: Turkey’s Most Powerful Businesswoman," Fortune, September 9, 2016.
- Video file of this interview available at Baker Library Historical Collections, histcollref+hbs.edu. Harvard ID holders can access the full-length video above.
Interview Citation Format
"Interview with Güler Sabancı, interviewed by Dante Roscini, May 23, 2014, Creating Emerging Markets Project, Baker Library Historical Collections, Harvard Business School, http://www.hbs.edu/creating-emerging-markets/."