Sydney Presentation Pp t

7/28/2019 Sydney Presentation Pp t

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Good Governance and

Corporate Social Responsibility:A Critical View

Muhammad A. Al-Buraey, Ph.D.


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This certainly provides us all with an

opportunity to reflect on an area that is growing

in complexity and importance at a rapid pace,

and poses a real challenge to modern leadership

in general and Islamic leadership in specific.

710

countries across the world score less than 5 on a scale

of 1 to 10 on the Corruption Perceptions Index

76% of the largest American companies acknowledgedHaving been victims of corrupt practices during the

Preceeding year.


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Modern International societies:

The Children in Education Systems.


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The grassroots of modern International

societies: the children in the educational

systems80% of Students Cheated

56%

Competition for

Good Grades.

53%

Cheating Didnt

seem like a big

deal.

59% Are willing to serve a 6 month jail sentence to commit an illegal act

resulting in large financial benefits.67% Yes, I plan to inflate my expense account when I get out in the business

world

50% Would File false insurance claims.

66% Would lie to achieve a business objective

Reported by Whos Who Among

American High School Students.

Reported by the Pinnacle Group

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Are we just talking about children? Of course not; via

these children, we are talking about our future: We

are talking about the middle manages of the year

2020, about parents of the year 2025, and about the

CEOs, holders of leadership posts in society and

heads of major organizations in the year 2030!.


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Whats needed, then, is recognition that

there is a core set of values that need to be

and must be taught, right from the

childhood.

......

But while we are interested in ethical

conduct and good governance, there is aserious concern about whether we are

doing anything about it.


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Huge resources amounting to billions of dollars are

now being rallied, to research and in institutionalizing

good governance.

......

Is it effective?

And is it sustainable?

Is it enough?


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Ethics can hardly be taught by a set of classroom

courses. Rather, they need to be built-in through training

and live examples.

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The Golden Rule of Monotheism (orTawheed in

Arabic): namely one and only one God of all, the

creator, the sustainer, the nourisher, the provider, the

redeemer, who is the source of all knowledge, all

guidance, all existence and all morality.

....

To mention just one example, Love for others what

you love for yourself. is what Prophet Muhammad

(PBUH) stated 14 centuries ago. That is the law.

Common ethical ground? I would say so! Pragmatic?

Down to earth! Teachable? Certainly!


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The Islamic perspective on excellent leadership and

good governance.

In choosing excellent leaders and making appointment of public officials, only

merit matters, nothing else

Governance powers are prudently disciplined, checked, and the rule of law isensured through supremacy of God's (Allahs) directionAnd whosever does not

govern by that which Allah has revealed, such are the wrongdoers ( Quran 5:45).

The Quran narrates: And by the Mercy of Allah, you dealt with them gently. And

had you been severe and harsh-hearted, they would have broken away from about

you; so pass over (their faults), and ask (Allahs) Forgiveness for them; and consult

them in the affairs. Then when you have taken a decision, put your trust in Allah,

certainly, Allah loves those who put their trust (in Him) (3:159).


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And do not devour your wealth among yourselves through falsehood,

and offer it not as a bribe to the authorities that you may knowingly

devour a part of the wealth of other people with injustice. (2:189).

If you fear treachery from any people throw back (their covenant) to

them (so as to be) on equal terms (that there will be no more covenant

between you and them). Certainly Allah likes not the treacherous.

(8:58).

There is no governor who rules Muslim subjects and dies, having

played foul with them, but Allah will forbid him Paradise

If he does not strive diligently to promote their welfare, he will not enterParadise with them.

Verily, Allah commands you to make over the trusts to those entitled to

them. And that when you judge between them, you judge with justice.

(4:58)


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These are but a few vital building blocks of excellent

leadership and good governance that an Islamic

system establishes. To sum up, it provides for merit,

rule of law and discipline of authority, collectivedecision-making, tolerance, compassion, basic rights,

transparency, and enforceability of contracts,

integrity, community welfare, free and fair justice, ad

accountability. These have to be absolute and all

pervasive, and must be sought with perfection

(Ihsan).

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Islam has a set of goals and values encompassing all

aspects of human life, including social, economic and

political. Since all aspects of life are interdependent and

the Islamic way of life is not fragmented but a consistentwhole, its goals and values in one field determine the

goals and values in the other fields as well in a very nice

synergistic way.

....

The rules of good governance and excellent leadership

are fully scalable right from individual, to small,

medium and large corporations and all the way to mega-governments regardless of race, religion, place, or time!


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Here a stark question should arise:

If Islam does indeed offers such

superb roadmap, why then are most

of the current Muslim societies and

states are corrupt?

My short answer to this is the

Prophets saying: Your actions

determine your rulers!


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All Muslim countries with no exception should strive to attain the following as part

of their duties and responsibilities towards the world:

1. Bring to the forefront examples of excellent leaders in contemporary time who

transformed their countries to advance steps in the ladder of development.

2. Develop and put into practice the practical concept of the Islamic Common

Market as the first step to political unity.

3. Emphasize the non-Machiavelli approach where ends justify the means and show

the world how Islam acts when put into practice in all spheres of life (political,

economic, social, etc.). Theories and existing literature are abundant on this topic.

4. Show the world through actual practice that Islam is for international peace, andharmony as it used to be in the past and a chance to govern and rule.

5. Emphasize the role of Islamic Mass Media, which will portray the true picture of

Islam in all aspects and stands face to face against grossly-biased Mass media

which aims at the distortion of Islam.


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It may not surprise you to learn that Islamic

approach is holistic.

No such thing as business ethics, neither is there

any such thing as medical ethics, or religious

ethics, or political ethics.

There is only ethics. No dividing up of ethics into

compartments:

Theres only ethics.


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Finally, let me conclude with a piece of advice drawn

from the literature: Fear of God and REAL

accountability to Him is the heart of wisdom. May I ask

everyone to bear this in their consciousness, all the time?And, with God's loving guidance, help and mercy the

world will indeed be a lovely place for all and forever.

Fear of God and REAL accountability to

Him is the heart of wisdom


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Thanks

Have a Good day!

Terima Kasih

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