Foundations of strategic management from an Islamic prespective

Instruction Language

English

Country

Bahrain

English Abstract

Strategic management is the cornerstone of most educational programmes in business, but it is almost always taught from conventional theories and typically American case studies.

This course takes traditional theories and interprets them from an Islamic perspective using international case studies.

It is extremely useful for Islamic-oriented business individuals including those working in Islamic financial institutions and want to ensure that their businesses are in compliance with the Shariah, especially with a particular focus on developing corporate cultures and structures in sync with Islamic values.

Strategic management of Islamic financial institutions is a key aspect that influences how the future of the industry will be shaped, in terms of growth, diversification of products and services, and even Shariah compliance.

This course will contribute in raising the awareness of the importance of having a proper process and structure related to Strategic management for Islamic financial institutions, which is relevant to the rules and regulations of the Shariah.

Program Duration

Objectives

- Upon successful completion of this course, participants will be able to : -Discuss the value of strategic management from an Islamic perspective and how it differs from the conventional. -Discuss the role of Islamic law in its application in institutions and how its transforms people into leaders. -Practice modern management processes and functions from an Islamic perspective. -Analyse real life contemporary strategic management-related cases and provide an effective solution. -Develop a corporate culture that is synchronised with Islamic values. -Propose strategies and for motivating teams and resolving conflicts.

Field work

This course is designed for individuals interested in strategic management from an Islamic perspective, especially those that are in a position which involves setting strategies or assisting those that are responsible for setting strategies in their respective organisations such as newly promoted managers, middle to senior-level managers, supervisors and team leaders.

Features of the course

-The course is conducted using a combination of lectures, discussions, case studies, and an end-of-course assessment. Students are also expected to complete an additional 6 hours of self-study. Delegates will also be working on a number of exercises, the results of which will be presented to the other participants. Note : this course is examinable.

Certificate / Course Program

-Issues of conventional management and strategic management. -The role of Islamic law in management and strategic management. -Strategic decision making from an Islamic perspective. -The link between strategy and culture. -Islamic in the context of organisations and leadership. -Case studies.