A three-day (Feb 24-26) international conference on “Spiritual Paradigm for Surmounting Global Management Crisis” held at Varanasi discussed Islamic approach towards management. The programme was organised by School of Management Science Varanasi in association with Claflin University, USA and California State University, USA with a view to explore various management thoughts as alternate for modern management principles.
Lack of values and ethics and loss of leadership integrity are identified as the main factors behind the present global crises. In an era when value erosion and lack of accountability grab the management sector and the manmade formulas fail to provide a sustainable cure, the current study focused to explore value-based management model from ancient scriptures and divine source which covers all aspects of human life. More than 200 papers were presented from different schools of thought by national and international experts.
A paper presented on “Sustainable Model of Organisational Management in the Perspectives of Islam: A Study based on Jamaat-e-Islami Hind” got noticed as a value-based sustainable model.
This paper describes that Islam provides principles and practical guidelines in this matter. Islamic perspectives of management encompass the dimensions of values and belief. Its motivation includes monetary, material and spiritual incentives. The major concern of Islamic management is to provide ways and means of problem solution and better allocation of resources. Islamic school of management and its practical model has existed in practice since the beginning of Islam.
Historically, unique success of Prophet Muhammad (peace and blessings of Allah be to him) induced Micheal Hart to consider him as the most influential man in history. There are certain Islamic Management models having different degrees of success. Jamaat-e-Islami Hind is an organisation based on the Islamic ideology running since 1948. Its culture and structure are paradigm for organisational management on the basis of Islamic philosophy.
The scope of Islamic approach to management extends to all aspects of management. As the success of the organisation greatly depends on collective performance of team, this paper emphasis exploring Islamic perspectives on organisational management. This paper was presented jointly by Mr. Noufal. P.K of Vision 2016 and Mrs. Sharnas Muthu T.T, a research scholar of Jamia Millia Islamia, New Delhi.
“Corporatism Islamic Model” and “Attaining Wisdom through Islam and its Philosophy with Special Emphasis on Interest-Free Banking” were the other papers presented in the conference on Islamic perspectives.