SLIDE PRESENTATION ON Strategic management from Islamic perspective
Prof. Dr. Azhar Kazmi Department of !siness A"ministration International Islamic #niversit$ %ala$sia
T&E ISLA%I' APPROA'& TO %ANA(E%ENT
The Islamic approach to management is an emerging discipline, o ten re erred to as Islamic management, loo!s at the management o organizations rom the perspective o the !no"ledge rom the revealed so#rces and other Islamic so#rces o !no"ledge and res#lts in applications compati$le "ith the Islamic $elie s and practices%
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SOURCES OF KNOWLEDGE FOR DERIVING IDEAS REGARDING ISLAMIC PERSPECTIVES TO STRATEGIC MANAGEMENT
The primar$ reveale" )no*le"ge so!rce is the &ol$ +!ran. This ,asic so!rce is ela,orate" thro!gh the Aha"ith - the tra"itions an" the S!nnah. the actions of the Prophet /SA01 There are Islamic scholars *ho treat 2i3h. the science of Islamic 4!rispr!"ence. as a so!rce of reveale" )no*le"ge too. 'ther so#rces are the reported sa(ings and actions o the irst o#r )aliphs *+AA,instances rom Islamic histor(, st#dies in Islamic administration and management, st#dies in Islamic social sciences, st#dies in Islamic c#lt#re, "ritings o leading Islamic scholars, and the "ritings o leading and a#thentic non-M#slim scholars%
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Para"igm g!i"ing management of organizations
Islamic management No "emarcation ,et*een the sec!lar an" the religio!s5h!man life is an organic *hole5 All h!man activit$ can ,e Ibadah provi"e" the$ are g!i"e" ,$ Allah6s comman"ments Con entional management 'lear "emarcation ,et*een the sec!lar an" the religio!s5 h!man activities are separate"5 spirit!al or religio!s aspect is a private matter of in"ivi"!als *hile *or) is in p!,lic "omain
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P!rpose of h!man e7istence "ictating management of organizations
Islamic Management Con entional management
P!rpose of h!man P!rpose of h!man e7istence is to !tilize e7istence is to o,e$ nat!ral reso!rces to an" f!lfill Allah6s satisf$ one6s nee"s. comman"ments an" *ants an" "esires act as the vicean" to remain happ$ regent of Allah on earth.
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P!rpose of organization
Islamic management Organizations are meant to ,e gro!ps of people coming together for attaining the p!rpose of h!man e7istence. 'onventional management Organizations are meant to ,e gro!ps of people coming together to attain the organizational goals
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Nat!re of organizational o,4ectives
Islamic management 'onventional management Organizational o,4ectives are ,oth Organizational o,4ectives are ,oth economic an" noneconomic an" noneconomic an" are economic in nat!re s!,servient to larger an" are s!,servient p!rpose of h!man to organizational interests e7istence
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So!rce of ethics an" val!es governing management of organizations
'onventional Islamic management management The reveale" Ethics is relative an" )no*le"ge an" the val!es are "erive" tra"itions of the from m!ltiple Prophet /SAAS1 so!rces s!ch as constit!te the !p,ringing. societ$. an" e7periences. !ltimate so!rce of Ethics co!l" ,e ,!siness ethics an" relative as in personal val!es !tilitarian theor$.
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Organizational 'ontrol
Islamic management 'onventional management Organizational control has to operate in a Organizational control *a$ "esigne" to has to operate in a ma)e the h!man *a$ "esigne" to ,eing s!,servient to align h!man the *ill of Allah o,4ectives *ith the organizational o,4ectives
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Loc!s of control
Islamic management The loc!s of control is internal. Each person is responsi,le an" acco!nta,le for his actions 'onventional management The loc!s of control is e7ternal an" lies in the realm of the organization
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Organizational responsi,ilit$ an" acco!nta,ilit$
'onventional Islamic management management &!man ,eing has an" choice. free *ill an" Responsi,ilit$ acco!nta,ilit$ free"om of action veste" in the chief therefore is e7ec!tive *ho "eleresponsi,le an" gates it. Emplo$ees acco!nta,le for all controlle" thro!gh actions organizational s$stems to ens!re responsi,ilit$ an" acco!nta,ilit$ Islamic perspectives to SM/ 22 Azhar Kazmi/2004-5
