1) Islamic ethics can provide organizations with a competitive advantage by shaping their culture and interactions in a positive way. When companies follow principles like avoiding harm and enriching society, it builds trust and loyalty.
2) Organizations that implement Islamic ethics automatically adopt a moral code that focuses on benefiting all stakeholders, from customers to employees. This leads to high-quality brand experiences and relationships.
3) Individual self-improvement is encouraged within such organizations, creating motivated employees who advocate for the brand strongly. Overall, Islamic ethics allow companies to develop sustainably by aligning their values with those of their communities.
Building an ethical workplace culture requires equal skills in policy-making and relationship-building, and equal emphasis on procedures and values. Structural concerns like codes, training and clear criteria matter, but so do storytelling, mentoring and presiding over an organizationโs routines and ceremonies. In an ideal workplace, structures and relationships will work together around core values that transcend self-interest. Core values will inspire value-creating efforts as employees feel inspired to do what is right, even when the right thing is hard to do. The ethics of our workplace cultures matter because the work itself matters and requires the cooperation that only positive, virtuous ethics can sustain. Compliance keeps us out of trouble, but virtuous ethics will create value for our co-workers and for our organization.
Building an ethical workplace culture requires equal skills in policy-making and relationship-building, and equal emphasis on procedures and values. Structural concerns like codes, training and clear criteria matter, but so do storytelling, mentoring and presiding over an organizationโs routines and ceremonies. In an ideal workplace, structures and relationships will work together around core values that transcend self-interest. Core values will inspire value-creating efforts as employees feel inspired to do what is right, even when the right thing is hard to do. The ethics of our workplace cultures matter because the work itself matters and requires the cooperation that only positive, virtuous ethics can sustain. Compliance keeps us out of trouble, but virtuous ethics will create value for our co-workers and for our organization.
Islamic Ethical Business Practices among Muslim Entrepreneurs: A Case Study i...inventionjournals
ย
:Entrepreneurship is part of the Islamic economic system and business. Islam urges its followers to always strive to be innovative and active entrepreneurs. The objective of this study is to review the implementation of Islamic ethical business among the Muslim entrepreneurs. This study used a qualitative approach through case studies conducted on Muslim entrepreneur namely Syarikat FAIZA Sdn. Bhd. to share their practices in Islamic ethical business. The findings of this study indicate that Syarikat FAIZA Sdn. Bhd. have a system of ethics which is a combination of various elements including faith and worship of God, in good faith and correct, choose the lawful and good, trustworthy, attentive to the needs of others and so on. Compliance and practice of these values makes them different from other entrepreneurs.
To create and sustain an ethical organizational culture needs constant communication about the ethical values of the organization and ensuring that the behaviors of all leaders and staff members are aligned with those values this.
Understanding theWork Ethics and Corporate Governance in Bank Muamalat Malays...inventionjournals
ย
Ethical claims have the power to motivate, delineate principles, duties and responsibilities for achieving goals. The ethics of governance is about the incorporation of moral conditions and requirements in the management, governance, and control structures of the companies. The responsibility can either be taken by the professional level of the companies or it can be imposed by regulating authorities or by a combination of both. This paper is the study of work ethics and corporate governance in Bank Muamalat Malaysia Berhad(โBMMBโ) as the second full-fledged Islamic bank in Malaysia.The findings of this study indicate that Bank Muamalat Malaysia Berhad have a great understanding of their vision to become the preferred Islamic financial services provider by ethically implementingwork ethics and a good corporate governance towardssocial responsibility. The study discuss and emphasis on the characteristics or elements of a strong work ethics in Islam to the Islamic Financial Institutions.
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:Entrepreneurship is part of the Islamic economic system and business. Islam urges its followers to always strive to be innovative and active entrepreneurs. The objective of this study is to review the implementation of Islamic ethical business among the Muslim entrepreneurs. This study used a qualitative approach through case studies conducted on Muslim entrepreneur namely Syarikat FAIZA Sdn. Bhd. to share their practices in Islamic ethical business. The findings of this study indicate that Syarikat FAIZA Sdn. Bhd. have a system of ethics which is a combination of various elements including faith and worship of God, in good faith and correct, choose the lawful and good, trustworthy, attentive to the needs of others and so on. Compliance and practice of these values makes them different from other entrepreneurs.
To create and sustain an ethical organizational culture needs constant communication about the ethical values of the organization and ensuring that the behaviors of all leaders and staff members are aligned with those values this.
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Ethical claims have the power to motivate, delineate principles, duties and responsibilities for achieving goals. The ethics of governance is about the incorporation of moral conditions and requirements in the management, governance, and control structures of the companies. The responsibility can either be taken by the professional level of the companies or it can be imposed by regulating authorities or by a combination of both. This paper is the study of work ethics and corporate governance in Bank Muamalat Malaysia Berhad(โBMMBโ) as the second full-fledged Islamic bank in Malaysia.The findings of this study indicate that Bank Muamalat Malaysia Berhad have a great understanding of their vision to become the preferred Islamic financial services provider by ethically implementingwork ethics and a good corporate governance towardssocial responsibility. The study discuss and emphasis on the characteristics or elements of a strong work ethics in Islam to the Islamic Financial Institutions.
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Reflection Of Organizational Culture
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Is Confucianism Good for Business Ethics in ChinaAutho.docxShiraPrater50
ย
Is Confucianism Good for Business Ethics in China?
Author(s): Po Keung Ip
Source: Journal of Business Ethics, Vol. 88, No. 3, 15th IESE International Symposium on
Ethics, Business and Society Business and Management: Towards More Humanistic Models
and Practices (Sep., 2009), pp. 463-476
Published by: Springer
Stable URL: http://www.jstor.org/stable/40295012
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Is Confucianism Good for Business Ethics
in China?
Journal of Business Ethics (2009) 88:463-476
DOI 10.1007A10551-009-0120-2
ยฉ Springer 2009
Po Keung Ip
ABSTRACT. This article examines whether and to what
extent Confucianism as a resilient Chinese cultural tra-
dition can be used as a sound basis of business practice and
management model for Chinese corporations in the
twenty-first century. Using the core elements of Confu-
cianism, the article constructs a notion of a Confucian
Firm with its concepts of the moral person (Junzi), core
human morality (ren, yi, It) and relationships (guanxi), as
well as benign social structure (harmony), articulated in
corporate and organizational terms. The basic character of
the Confucian Firm is described, and its philosophical and
cultural foundation is critically assessed with respect to its
moral legitimacy and relevant to today's China. China's
recent Corporate Social Responsibility (CSR) develop-
ment is a high profile response to global business ethics
concerns. Efforts have been made to emulate and develop
good business practice fashioned in CSR norms and
visions. The so-called "human-based" and "virtue-
based" business practices rooted in local cultural heritage
have been touted as a Chinese response to this problem.
This investigation is particularly relevant in the context of
the increasingly prominence of the Chinese corporations
(China Inc.) in the wake of the rise of China as a global
power. How relevant is Confucianism to the building of a
modern Chinese corporation that is willing and able to
practice reasonable norms of business ethics? The findings
of this discussion, which include the organizational
implications of the Confucian familial collectivism, have
implications for other Chinese communities (Taiwan,
Hong Kong, and Singapore) where Confucian tradition i ...
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The article is on Page 6-7.
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My article on this published in the IFN Education Jan 2016 issue.
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This article explores how modern day marketing can work for Islamic Finance across Islamic finance and non-Islamic finance markets.
The marketing function has undergone tremendous changes in the past decade.
Today marketing involves technology, engagement and most importantly creating and
delivering an authentic brand experience from the employees' and consumers' perspective. Brand value in monetary terms, as an asset, is now fully dependent on this brand experience.
(Published in Islamic Finance Today Jan 2015 issue).
The global Islamic finance industry can take a leaf out of consumer marketing and utilize that knowledge to develop business strategies that are people centric in order to achieve organic growth.
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As competition heightens, Islamic brands need to adopt more strategic customer-centric approaches to meet the pace of change. Enhancing personal relationships with customers is critically important in order to attract and retain customer loyalty, and to secure competitive success.
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I answer these from a marketer's perspective in the July 2014 issue of Islamic Banker Asia.
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More and more educational institutions, around the world, are offering degree programs and diplomas in Islamic Finance and banking. This is a good sign as it indicates that the growing global Islamic finance industry has a rising demand for competent and trained talent. Why, therefore, are graduates struggling to find jobs after qualifying?
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"๐ฉ๐ฌ๐ฎ๐ผ๐ต ๐พ๐ฐ๐ป๐ฏ ๐ป๐ฑ ๐ฐ๐บ ๐ฏ๐จ๐ณ๐ญ ๐ซ๐ถ๐ต๐ฌ"
๐๐ ๐๐จ๐ฆ๐ฌ (๐๐ ๐๐จ๐ฆ๐ฆ๐ฎ๐ง๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ) is a professional event agency that includes experts in the event-organizing market in Vietnam, Korea, and ASEAN countries. We provide unlimited types of events from Music concerts, Fan meetings, and Culture festivals to Corporate events, Internal company events, Golf tournaments, MICE events, and Exhibitions.
๐๐ ๐๐จ๐ฆ๐ฌ provides unlimited package services including such as Event organizing, Event planning, Event production, Manpower, PR marketing, Design 2D/3D, VIP protocols, Interpreter agency, etc.
Sports events - Golf competitions/billiards competitions/company sports events: dynamic and challenging
โญ ๐ ๐๐๐ญ๐ฎ๐ซ๐๐ ๐ฉ๐ซ๐จ๐ฃ๐๐๐ญ๐ฌ:
โข 2024 BAEKHYUN [Lonsdaleite] IN HO CHI MINH
โข SUPER JUNIOR-L.S.S. THE SHOW : Th3ee Guys in HO CHI MINH
โขFreenBecky 1st Fan Meeting in Vietnam
โขCHILDREN ART EXHIBITION 2024: BEYOND BARRIERS
โข WOW K-Music Festival 2023
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โข Korean President visits Samsung Electronics R&D Center
โข Vietnam Food Expo with Lotte Wellfood
"๐๐ฏ๐๐ซ๐ฒ ๐๐ฏ๐๐ง๐ญ ๐ข๐ฌ ๐ ๐ฌ๐ญ๐จ๐ซ๐ฒ, ๐ ๐ฌ๐ฉ๐๐๐ข๐๐ฅ ๐ฃ๐จ๐ฎ๐ซ๐ง๐๐ฒ. ๐๐ ๐๐ฅ๐ฐ๐๐ฒ๐ฌ ๐๐๐ฅ๐ข๐๐ฏ๐ ๐ญ๐ก๐๐ญ ๐ฌ๐ก๐จ๐ซ๐ญ๐ฅ๐ฒ ๐ฒ๐จ๐ฎ ๐ฐ๐ข๐ฅ๐ฅ ๐๐ ๐ ๐ฉ๐๐ซ๐ญ ๐จ๐ ๐จ๐ฎ๐ซ ๐ฌ๐ญ๐จ๐ซ๐ข๐๐ฌ."
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
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As an Army veteran dedicated to lifelong learning, I bring a disciplined, strategic mindset to my pursuits. I am constantly expanding my knowledge to innovate and lead effectively. My journey is driven by a commitment to excellence, and to make a meaningful impact in the world.
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Editable Toolkit to help you reuse our content: 700 Powerpoint slides | 35 Excel sheets | 84 minutes of Video training
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Retail media wordt gezien als het nieuwe advertising-medium en ook mediabureaus richten massaal retail media-afdelingen op. Merken die niet in de betreffende winkel liggen staan ook nog niet in de rij om op de retail media netwerken te adverteren. Marvin belicht de uitdagingen die er zijn om echt aansluiting te vinden op die markt van non-endemic advertising.
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Ethics competitive advantage bus islamica
1. ISlamIC FInanCE EVOluTIOn Business islamica magazine
By Joy Abdullah
Strategically ethical
ethiCs: towards aChieVing
A CoMPETITIvE AdvAnTAgE.
We often hear of businesses resorting to immoral conduct vis-ร -vis
their customers on the liability side or the state when organizations
look for loopholes to avert fulfilling their obligations to society. These
actions may in the short-term translate into companiesโ balance
sheets being on the plus side, but ultimately, such shenanigans will eat
up at the profits and cause great harm to the general public. Proper
implementation of Islamic ethics shows it to be not only a strategic
weapon benefitting mankind towards a prosperous community as a
whole but also an effective way to create affinity and loyalty to these
companiesโ brands.
48 www.islamica-me.com www.islamica-me.com 49
2. ISlamIC FInanCE EVOluTIOn Business islamica magazine
E
thics set the tone, man- โcompetitive advantageโ. By basing manifestation of the organization
ner, and the platform upon its work culture on Islamic ethics an and its service).
which an organizationโs cul- organization is automatically under-
ture is developed, resulting taking a particular code. A code that This single minded focus of provid-
in the way the establishment does its has a positive tone and manner and ing or highlighting the benefits the
business. This in turn shapes the way provides a socially interactive plat- recipient gets is the competitive ad-
a companyโs employees interact and form in order to deliver value to its vantage for the organization. This
deliver the brand promise, internally ecosystem, i.e stakeholders which gets identified much more closely
and externally, resulting ultimately in include consumers and employees. (by the stakeholder) with regards to
the positive brand relationship that all the values the individual upholds;
marketers strive for in order to have The basics of Islamic ethics compel the overall brand experience is a
increasing trust and transactions (re- an organization to willingly under- positive and preferred one. In turn
peat business). Islamic ethics is de- take all activities which are moral this results in the organization hav-
fined as โgood characterโ. The foun- and good, both at the individual lev- ing a profitable brand.
dational source towards the gradual
codification of Islamic ethics was the
Muslim understanding and interpre-
tations of the Qurโan and practices
of Prophet Muhammad (PBUH). Its
meaning has always been within the
context of active submission to God,
an act performed by the community
in unison. C
M
The fundamental force in Islamic Y
ethics is the notion that every hu- CM
man being is called to โcommand
the good and forbid the evilโ in all
MY
spheres of life. Islam, as CY
a comprehensive way CMY
of life, encompasses K
a complete moral
system that is
an important Joy Abdullah
aspect of the is a brand en-
way it views abler who has dual
the world. We live in expertise in strategic
an era where good and evil are business planning and brand
often looked at as relative concepts. marketing. Such synthesis of
Islam, however, holds that moral po- el and at strategic planning enables Joy to
sitions are not relative, and instead, the group or col- aid brands in having a strong repu-
defines a universal standard by lective level. By virtue of tation, clear image, and efficient deliv-
which actions may be deemed moral these ethics, the organization is ery. By using ethics, values, governance
or immoral. Islamโs moral system is bound to develop a culture wherein requirements and desired brand objec-
striking in that it not only defines mo- employees learn and develop indi- tives in corporate planning, Joy minimiz-
rality but also guides the human race vidually and thereby benefit through es potential risks a brand may face, in
in the way to achieve it, at both an in- this self-improvement. This creates developing the brandโs experience (to its
dividual as well as a collective level. a strong positive disposition and stakeholders). He has strong knowledge
attitude, which is then reflected in of Asian & Indian markets. His articles
When we, as an Ummah, carry such the brand advocacy that these em- on the importance of ethical brand mar-
ethics into our work sphere or com- ployees deliver. The work culture keting encompassing brand reputation
mercial dealings we create an envi- approaches delivering the brand ex- management, employee-brand relation-
ronment or an organization whose perience as one of the benefits that ship and CSR. These can be viewed at
corporate culture is future-proof the recipient gets through his/her re- www.dailybaraka.eu and at http://www.
and automatically has a sustainable lationship with the brand (as a opalesque.com/index.php/archiveOIFI
50 www.islamica-me.com