Generic competitive strategies from a Qur’anic perspective

This paper explores generic competitive strategies from Qur’anic perspectives as alternative view. This approach attempts to purify the conventional concept of strategic management, which is a business competitive strategy from a Qur’anic postulate. The process of purification could be done by under...

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Bibliographic Details
Main Author: Mhd. Sarif, Suhaimi
Format: Article
Language:English
Published: World Academy of Islamic Management (WAIM) 2018
Subjects:
Online Access:http://irep.iium.edu.my/65752/1/65752_Generic%20Competitive%20Strategies.pdf
http://irep.iium.edu.my/65752/
http://publications.waim.my/index.php/jims/article/view/85
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Summary:This paper explores generic competitive strategies from Qur’anic perspectives as alternative view. This approach attempts to purify the conventional concept of strategic management, which is a business competitive strategy from a Qur’anic postulate. The process of purification could be done by understanding Islam, organizational realities, and man. When comes to practices, man plays a vital role in integrating Islam into organizational realities. Hence, the most apparent element that needs to be purified is man who is managing, coordinating, and making the objectives a successful reality. The Qur’an has outlined ways and means of managing competitiveness that established justice, fairness and harmony.