Hüsnü Özyeğin, successful entrepreneur, discusses legacy of giving in Turkey. Topics: impact of post-earthquake efforts, evolution of family business, philanthropic focus on education, responsive disaster relief, and integrating social giving into business models.
Özyeğin Social Investments exemplifies sustained impact through philanthropy across diverse sectors of society.
The Ozegen family seamlessly integrates for-profit business with philanthropic endeavors, showcasing harmonious alignment between business success and social impact.
Deep dives
A Legacy of Giving
In the aftermath of a deadly earthquake, Murat Ozegen and his family showcased exceptional leadership and values through their legacy of giving. Mobilizing quickly, they provided instant help alongside long-term planning to aid those affected. The family's strong sense of philanthropy, instilled from an early age, emphasized the importance of giving back, even before significant wealth accumulation. Their commitment to immediate and sustained aid exemplified the impact of their enduring legacy.
Educational Empowerment and Social Impact
Focused on education and social welfare, the Ozegen family foundation, under Marat's leadership, prioritizes educational initiatives such as preschool education and support for underprivileged students. Through programs like Achef and the Hishnaazian Foundation, the family ensures access to quality education, significantly impacting the lives of thousands of children. By building schools, dormitories, and university programs, they create opportunities for upward mobility and empower future generations.
Business Alignment with Philanthropy
The Ozegen family seamlessly integrates their for-profit business endeavors with their philanthropic missions, leveraging resources and relationships to respond effectively in crisis situations. By normalizing EBITDA for charitable giving without compromising employee benefits, they showcase a harmonious alignment of business success and social impact. Their ability to act swiftly and decisively, derived from deeply ingrained values, underscores the interconnectedness of business acumen and altruism.
Özyeğin Social Investments was founded by Hüsnü Özyeğin, one of Turkey’s most successful entrepreneurs, with a focus on education, health, gender equality, rural development, and disaster relief in Turkey. The company and the Özyeğin family have spent decades serving and improving communities in need. Their efforts led to the creation of one of Turkey’s top universities, the establishment of schools and rehabilitation centers, post 2023 earthquake humanitarian shelter and facilities, nationwide campaigns and an internationally recognized educational training initiative for young children, among other achievements.
Harvard Business School senior lecturer Christina Wing and Murat Özyeğin (MBA 2003) discuss how the company is a model for making a significant impact across multiple sectors of society through giving and how that legacy can be sustained in the future, in the case, “Özyeğin Social Investments: A Legacy of Giving.”
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