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Ristianawati, Yuyun
STIE Totalwin Semarang
Religion Humanities Civil Engineering, Building, Construction & Architecture Computer Science & IT Control & Systems Engineering Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Engineering Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Library & Information Science Mathematics Medicine & Pharmacology Nursing Physics Public Health Social Sciences Other

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STRATEGIC INNOVATION IN ISLAMIC ORGANIZATIONS: EXPLORING THE GOLD OCEAN STRATEGY FRAMEWORK Adi Santoso; Yuyun Ristianawati
Jemasi: Jurnal Ekonomi Manajemen dan Akuntansi Vol 21 No 1 (2025): Jemasi: Jurnal Ekonomi Manajemen dan Akuntansi
Publisher : Fakultas Ekonomi Universitas IBA

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35449/jemasi.v21i1.1004

Abstract

This study explores the implementation of the Gold Ocean Strategy (GOS) in Islamic organizations as a novel, values-based approach to strategic management that integrates Sharia principles with ethical innovation and stakeholder collaboration. Amid growing demands for ethical governance and sustainable practices, the research aims to investigate how Islamic organizations operationalize religious values in strategic decision-making, engage with diverse stakeholders, and sustain innovation within the boundaries of Islamic law. Employing a qualitative exploratory design, data were collected through semi-structured in-depth interviews with 15 executives from three sectors—Islamic banking, halal industry, and waqf institutions—using purposive sampling. Revealed three key findings: (1) Islamic values serve as the foundation for strategic intent and organizational behavior; (2) stakeholder engagement is practiced through inclusive, trust-based mechanisms rooted in shura (consultation); and (3) innovation is actively pursued within a Sharia-compliant ethical framework, reflecting a balance between adaptability and moral responsibility. This study contributes to the literature by offering an integrative framework that synthesizes elements of the Technology Acceptance Model (TAM), Trust-Based Adoption Model (TBAM), and Expectation-Confirmation Theory (ECT) within an Islamic organizational context. The novelty of this research lies in its empirical articulation of the GOS as a strategic paradigm that is both spiritually anchored and managerially effective. The findings offer theoretical enrichment to stakeholder and innovation theories, while also providing practical insights for leaders and policymakers in promoting faith-driven, socially responsible, and innovation-oriented organizational strategies in Muslim-majority economies.
Co-Authors Adhitya Yoga Prasetya Adi Santoso Arianto, Rama Dwi Astohar Astohar Astono, Ari Dwi Azis Nur Rosyid Bayu Kurniawan Dessy Noor Farida Dewi Oktafiani Dewi Oktafiani Dhian Andana Rini Minar Savitri DHIAN ANDANARINI MINAR SAVITRI Dhian Andarani Minar Savitri Diovany Tirtana Eka Yulia Prameski, Daffina Fania Mutiara Savitri Hadi, Arman Hapsari, Pascalista Dwi Hasan Abdul Rozak Irawan Yuswono Jumadi, Muhamad Kiswoyo Kiswoyo Kiswoyo Kue, Apolonia Noor Salim Noor Salim Nugroho, Prihasantyo Siswo Nugroho, Prihasantyo Suryo Paramastri, Tyasa Putri Praptitorini, Mirna Dyah Prasetyanto, Wahyu Eko Prihansantyo Siswo Nugroho Prihasantyo iswo Nugroho Putri Puspitasari Putri, Rizky Cahyani Ramadhanti, Fina Setya Ratna Puji Astuti, Ratna Puji Romadoni, Desi Ariyani Rosyada Fitriati, Ika Setyo Budi Hartono Taswan, Taswan Turmudhi, Anis Wahab, W Widita, Mella