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In consideration of the fact that capital markets and institutionalization are inseparable, a Corporate Transformation Program has been developed using Borsa İstanbul’s accumulated know-how and Koç University’s academic experience, in order to support companies in their institutionalization efforts.
BISTEP (Corporate Transformation Program) aims to support the institutionalization process of companies with growth potential, increase capital markets knowledge of companies and provide them with the knowledge needed to enter these markets. Institutionalization contributes to the areas of top priority in which companies aim to make a difference such as extending the company’s life cycle, ensuring sustainable growth, and gaining national and international recognition. BISTEP also provides the opportunity for companies to participate in the business network of capital markets.
Along with Borsa İstanbul and Koç University, brokers, independent auditing companies, law companies and media companies, as Borsa İstanbul’s natural and ongoing business partners in the capital markets, will be sharing their knowledge and experience within the scope of BISTEP.
The 1 year program will have 3 phases. In the first phase of the program leading names in their fields will share their knowledge through seminars organized on subjects such as corporate governance and sustainable growth, entrepreneurship and growth strategies, innovation, globalization, law, marketing, brand management, corporate strategy, and alternative solutions that capital markets offer to the companies. There will be interactive panel discussions where the attendees will have the opportunity to discuss current issues. In the second phase of the program, current situation analysis and strategy development will be made for each company at each companies’ headquarters together with companies’ executives under the leadership of professional consultants. After setting the company’s short, mid and long term goals, a road-map will be prepared by determining the action steps to achieve these goals. At this stage, seminars will be organized on topics of top priority for companies to share information and ensure ongoing communication. At the third stage, where the participant companies implement their institutionalization strategies; seminars and forums to share knowledge and comprehensive activities for networking purposes will be held.
Companies with a history of minimum 3 calendar years and minimum TL 10 million asset size or net sales revenues according to their financial statements pertaining to the previous year can apply to the Program. Top managers of the accepted companies will undertake active attendance in the Program. The Program will start in September 2016, and the deadline for application is July 25, 2016.
Himmet Karadağ, Chairman of Borsa İstanbul
“We, as Borsa İstanbul, believe that one of the basic functions of capital markets is to help companies for their corporate development. The starting point of this program we have developed is to reverse the facts that companies have a short life cycle or cannot institutionalize, which we see as the most important issues.
BISTEP aims to contribute to the companies in our country to transform into long-lived companies with a sustainable status. In this context within the program, along with the seminars and panels on critical and contemporary topics of the business life, we will be providing the participant companies an interactive and vivid environment for communication and development.
Strategic preferences as well as business ideas play a role in increasing the value added created in the economy. As Borsa İstanbul, with BISTEP we aim to contribute to the success story of today’s medium scale companies and to accelerate the process of turning these companies into century old world giants in one day. In this program, we aim to empower the participant companies with the know how based on extensive experience and world-class knowledge. I am confident that at the end of the day both companies and economy will benefit from this well tailored made program.”
Prof. Ümran İnan, President of Koç University
“As Koç University, we are delighted to initiate the Corporate Transformation Program in cooperation with Borsa İstanbul. We believe this unique program will contribute participants to increase their company's value, to gain international recognition and to make a difference in their industry. With this program, the companies will improve themselves as well as create value for our country through improving their techniques for sustainable growth, gaining international market recognition, innovation and developing strong strategies. Behind Koç University’s national and international success since its establishment underlies the fact that we are in an effort to bring together the most qualified academic staff with our students and stakeholders for whom we provide education. At Corporate Transformation Program, the leaders who come together for the same purpose will gain a new vision through sharing experience and technical support they receive from the other program partners along with the seminars which are given by the best tutors and academicians.
