My father often reminisced about how he had to do his homework under a streetlight in the dead of winter. I’m not sure how many books he had, but I doubt it was more than a handful. We were more fortunate—access to books during our school years was relatively easier. Yet, even then, books were…
Russia has completed another big pipeline project which has given them leverage over future gas competition and also in negotiation with mid-stream countries. TurkStream (not Turkish Stream as some misinterpret) has been active more than a month now, has worked well probably in negotiations with Ukraine and also for keeping Turkey’s demand in the basket…
Story of Turkey’s Natural Gas Peak Demand Turkey’s natural gas history is quite old. The first gas was delivered in 1987 and the first LNG terminal was commissioned in 1994, a brilliant idea of the times, as one of the world’s first regasification plants. Turkey enlarged its natural gas network mostly parallel to the growth…
Vision: The goal to be reached in the future, the dream. The question to describe is: What do we want to achieve? ————————————————————————————————— Mission: The reason we’re here and doing this job. The question to describe is: Why are we here, in this business? ————————————————————————————————— Strategy: The main path drawn to navigate to the targets…
First of all what is Strategy? The way I put into words, strategy is the main path drawn to reach the identified opportunities by utilizing your capabilities, competencies, and resources. And what strategy is not: A “strategy” is not simply a goal, objective, wish, or aspiration; it’s not just a plan, and it does not involve…
Although the term “resilience” in English does not have an exact equivalent in Turkish, I believe that it can be adequately explained in the context of how Turkish citizens face challenges. Whether through their ability to continue living by lowering their standards, their skill in finding clever solutions in times of hardship, or their tendency…
In his 1974 article published in the Harvard Business Review, Robert L. Katz categorized managerial skills into three distinct areas: As a scholar specializing in social psychology (particularly the social psychology of organizations), Katz emphasized in his article the interactions and overlaps among these skills while explaining how their relative importance varies across different managerial…
Achieving a balance between fostering employee development, managing workload, and maintaining motivation is a challenge that everyone struggles with. Deciding how much to focus on developing individuals, particularly those at the beginning of their careers, versus how much to challenge them with difficult tasks, is a complex process—almost like requiring its own “process control” software….