Culture, Compliance & Turkey – post from 2017

This post, written in 2017, continues to receive a lot of attention. I have taken the topic up in more detail in a series of posts started in 2019. While I still stand behind what I have written here, this first post was based more on literature research, some personal experience and reflection. The 2019 […]

The Law of Large Numbers, Central Limit Theorem and Strange Attractors – or The Strange Behavior of Turkish Employees Towards Limits

This post is not about mathematics or physics but about the behavior of people in the presence of rules and limits … in Turkey. When we discussed revising our Company’s expense limits to account for the currency devaluation, soaring inflation and resulting price increases in the hospitality sector in Turkey in the last months, I […]