While strategic management is a cornerstone of any MBA

or business program, it’s almost always taught from

conventional theories and typically American case

studies. This book takes those traditional theories

and interprets them from an Islamic perspective using

more international case studies

Fontaine , Rodrigue

Mohd. Israil, Khaliq Ahmad

English

The International Islamic University Malaysia Repository

While strategic management is a cornerstone of any MBA or business program, it’s almost always taught from conventional theories and typically American case studies. This book takes those traditional theories and interprets them from an Islamic perspective using more international  case studies. Written by a successful author team that has written extensively on this subject, Strategic Management froman Islamic Perspective serves, not only as a text resource for business students, it is a useful reference for any Muslim business leaders who want to transform their business while keeping in sync with Islamic values; as well as for non-Muslim business leaders to develop an alternative view of strategic management in the new global business environment.Fascinating insights  into modern  strategic management from an IslamIc perspectIve  – for the Global manaGer978-1-118-55305-3 • July 2013 • PaPer • 256 PagesTargets at: Students in strategic management courses, courses related to developments in the Muslim world, courses in business ethics; both Muslim and non-Muslim CEOs, businessmen & managers.Dr. Rodrigue Fontaine is currently an assistant professor in management at the International Islamic University Malaysia (IIUM), which he joined in 2010. He started his career at Barclays Bank in France, Intel Corporation and for Raychem Corporation in the UK. He emigrated to Malaysia in 1999 where he started teaching strategy at Multimedia University (MMU), followed by the Management and Science University (MSU). Over the years, Dr. Fontaine has taught various courses at the MBA level, including strategic management, international business and organizational behavior. He also teaches introduction to management, management from an Islamic perspective and organizational behavior at the undergraduate level. Dr. Fontaine has co-authored a textbook with Professor Khaliq Ahmad on management from an Islamic perspective and has published a number of papers in refereed journals, mostly in the areas of Islamic management.Professor Dr. Khaliq Ahmad is currently the Dean of the Kulliyyah (Faculty) of Economics and Management Sciences at the International Islamic University Malaysia (IIUM). His administrative career spans over two decades where he held the position as Deputy Dean, Research & Academic Training and as the Director of the Graduate School of Management. Over the years, he has pioneered the development of case studies related to Islamic management topics. He has written 11 books and over published 30 articles. Currently Dr. Khaliq is a member of the General Council of Malaysian Institute of Management (MIM) and the Vice Chairman of the Chartered Institute of Marketing, Malaysia (CIMM).  Part One: strategic Management from an Islamic PerspectiveChapter 1: IntroductionLeading an Organization Is Like Driving  a Car • Critical Thinking • The Problem with Conventional Management • The Problem with Conventional Strategic Management • The Value of Strategic Management from  an Islamic PerspectiveChapter 2: Conventional strategic managementIntroduction • The Importance of Competitive Advantage • Competitive Advantage: a means or an end? • The Importance of Stakeholders • The Strategic Management Process • Strategic Management in Developing Countries • Why Do Most Strategies Fail? • First Observation: Causal Ambiguity • Second Observation: Strategic Thinking • Third observation: balancing profitability and riskChapter 3: Four fundamental problems (FPs)Introduction • FP 1: The use of interest-based loans • FP 2: Developing sustainable organizations • FP 3: Overcoming defensive routines • FP 4: Overcoming conflicts of interests • DiscussionChapter 4: Organizational JusticeIntroduction • Organizational Justice • Hammer and Champy • William E. Deming • The Ideas of Eli Goldratt • DiscussionChapter 5: Islam Transforms People and LeadersIntroduction • The Individual as the Unit of Analysis • Belief in Islam Appeals to The Intellect • Islam within the Context of an Organization • Islam in the context of multicultural societies • Lessons from surah al takathur • Lessons from surah al asr •  The importance of the prayer • The PIES model of human behaviour • The driving analogyChapter 6: The Challenge of CultureIntroduction • The Link Between Culture and Strategy • Lessons from Research at IIUM (International Islamic University Malaysia) • The Role of Top Management Chapter 7: The Role of Islamic LawIntroduction • Why Do We Need Islamic Law? • Principles of Islamic Law • The Importance of Intention and Knowledge • Islamic Law for Top Management • Islamic Law for Middle Management • Islamic Law for Subordinates • Shari’ah and Fiqh • The Need for Further ResearchChapter 8: Strategic  Decision MakingIntroduction • There is More to Strategy Than Strategy • Strategy as Problem Solving • Errors in Strategic Decision Making • Defining the Strategic Problem • Understanding the Strategic Problem • Experimenting • Strategic Decision Making • Evaluating the Strategic ProcessChapter 9: Analysing a CaseThe Purpose of Analysing a Case • Choosing the story Part Two: Case studies• Chapter 10: Case 1 - IBM and Lou Gerstner• Chapter 11: Case 2 - Al Rajhi Bank1• Chapter 12: Case 3 - Bank Muamalat1• Chapter 13: Case 4 - Bank Rakyat1• Chapter 14: Case 5 - MUSLEH (Part 1)1• Chapter 15: Case 6 - MUSLEH (Part 2)1• Chapter 16: Case 7 - Fuji Xerox1• Chapter 17: Case 8 - McDonald’s Pakistan1• Chapter 18: Case 9 - Unilever Bangladesh1Appendix A: A Primer on Evolution • Many Muslims understand the Western world • Why do Muslims believe in God? • Theory building vs. theory testing • The work of Michael Denton • The work of Michael Behe • The critical questionTable of Content“... our review of the literature, our explanations of the verses of the Qur’an that relate to strategy and our perspective will enrich the field… this is a new perspective – not everyone would quite agree but it’s different and it has triggered some important questions and ideas.” - Rodrigue Fontaine13-55179about the authors

Strategic management from Islamic perspective : text and cases

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Strategic management from Islamic perspective : text and cases

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The International Islamic University Malaysia Repository