Document Type

Other

Date of this Version

2020

Abstract

Vehbi Koç was a visionary who began his business career running a single grocery store and went on to build one of the largest conglomerates in the world, comprising 113 companies, 90,000 employees, and 14,000 dealer agencies. These statistics alone represent the monumental accomplishment of Koç’s life and work. His approach was generative and impactful in part because Koç was ahead of his time in conceptualizing and implementing a number of strategies for which successful modern-day businesses are often lauded: human capital development, diversification, sustainability, strategic resource allocation, talent identification and support, collaborative innovation, strategic partnerships, and corporate social responsibility to create and harness social and economic impact. This case study brings Vehbi Koç’s key undertakings to light and reveals how his forward-thinking, innovative strategic legacy continues through the work of the Koç Foundation today. The case study utilizes theories of Human Capital Development, Stakeholder Capitalism, and Corporate Social Responsibility to analyze the work of Koç Foundation in Turkey.

Keywords

Fontier Philanthropy, Global South Philanthropy, Vehbi Koc Foundation, Turkish Philanthropy, Impact Philanthropy, NGO, Foundations, Education reform, Health, Art

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Date Posted: 19 February 2021