Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives
The application of the Business Model Canvas (BMC) in the context of Shariah Cooperatives becomes imperative to formulate and evaluate effective business models. BMC provides a clear framework for identifying the key elements of a business model, including customer segments, value propositions, dis...
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| Main Authors: | , , , , |
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| Format: | Article |
| Language: | English |
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Universitas KH Abdul Chalim, Prodi Ekonomi Syariah
2025-02-01
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| Series: | Indonesian Interdisciplinary Journal of Sharia Economics |
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| Online Access: | https://e-journal.uac.ac.id/index.php/iijse/article/view/6422 |
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| author | Jaka Isgiyarta Chaidir Iswanaji Budi Hartono Supanji Setiyawan Erni Puji Astutik |
| author_facet | Jaka Isgiyarta Chaidir Iswanaji Budi Hartono Supanji Setiyawan Erni Puji Astutik |
| author_sort | Jaka Isgiyarta |
| collection | DOAJ |
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The application of the Business Model Canvas (BMC) in the context of Shariah Cooperatives becomes imperative to formulate and evaluate effective business models. BMC provides a clear framework for identifying the key elements of a business model, including customer segments, value propositions, distribution channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structures. This research aims to explore the application of BMC in Shariah Cooperatives, with a focus on Baitul Maal wat Tamwil (BMT) as a case study. The research method involves Focus Group Discussions (FGDs) with Shariah Cooperative actors and customers to gather in-depth insights regarding the challenges and opportunities faced. The study results show that by using BMC, Shariah Cooperatives can identify and exploit unexplored market opportunities, as well as overcome existing internal weaknesses. Through SWOT analysis, the study also identifies the strengths, weaknesses, opportunities, and threats faced by Shariah Cooperatives, which can be used to formulate more effective development strategies. The findings are expected to provide insights for stakeholders in improving the performance and sustainability of Sharia Cooperatives, as well as contributing to the improvement of the economic well-being of the community.
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| format | Article |
| id | doaj-art-bddd0966a9ab4dbc96dfe525782e49db |
| institution | Kabale University |
| issn | 2621-606X |
| language | English |
| publishDate | 2025-02-01 |
| publisher | Universitas KH Abdul Chalim, Prodi Ekonomi Syariah |
| record_format | Article |
| series | Indonesian Interdisciplinary Journal of Sharia Economics |
| spelling | doaj-art-bddd0966a9ab4dbc96dfe525782e49db2025-02-05T16:04:54ZengUniversitas KH Abdul Chalim, Prodi Ekonomi SyariahIndonesian Interdisciplinary Journal of Sharia Economics2621-606X2025-02-018110.31538/iijse.v8i1.6422Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia CooperativesJaka Isgiyarta0Chaidir Iswanaji1Budi Hartono2Supanji Setiyawan3Erni Puji Astutik4Universitas Diponegoro, Semarang, IndonesiaUniversitas Tidar, Magelang, IndonesiaUniversitas Tidar, Magelang, IndonesiaUniversitas Tidar, Magelang, IndonesiaUniversitas Tidar, Magelang, Indonesia The application of the Business Model Canvas (BMC) in the context of Shariah Cooperatives becomes imperative to formulate and evaluate effective business models. BMC provides a clear framework for identifying the key elements of a business model, including customer segments, value propositions, distribution channels, customer relationships, revenue streams, key resources, key activities, key partnerships, and cost structures. This research aims to explore the application of BMC in Shariah Cooperatives, with a focus on Baitul Maal wat Tamwil (BMT) as a case study. The research method involves Focus Group Discussions (FGDs) with Shariah Cooperative actors and customers to gather in-depth insights regarding the challenges and opportunities faced. The study results show that by using BMC, Shariah Cooperatives can identify and exploit unexplored market opportunities, as well as overcome existing internal weaknesses. Through SWOT analysis, the study also identifies the strengths, weaknesses, opportunities, and threats faced by Shariah Cooperatives, which can be used to formulate more effective development strategies. The findings are expected to provide insights for stakeholders in improving the performance and sustainability of Sharia Cooperatives, as well as contributing to the improvement of the economic well-being of the community. https://e-journal.uac.ac.id/index.php/iijse/article/view/6422Sharia Cooperatives, Business Model Canvas, Islamic Microfinance, Product Innovation, SWOT Analysis |
| spellingShingle | Jaka Isgiyarta Chaidir Iswanaji Budi Hartono Supanji Setiyawan Erni Puji Astutik Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives Indonesian Interdisciplinary Journal of Sharia Economics Sharia Cooperatives, Business Model Canvas, Islamic Microfinance, Product Innovation, SWOT Analysis |
| title | Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives |
| title_full | Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives |
| title_fullStr | Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives |
| title_full_unstemmed | Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives |
| title_short | Optimizing Business Model Canvas and SWOT for Enhancing Performance and Sustainability in Sharia Cooperatives |
| title_sort | optimizing business model canvas and swot for enhancing performance and sustainability in sharia cooperatives |
| topic | Sharia Cooperatives, Business Model Canvas, Islamic Microfinance, Product Innovation, SWOT Analysis |
| url | https://e-journal.uac.ac.id/index.php/iijse/article/view/6422 |
| work_keys_str_mv | AT jakaisgiyarta optimizingbusinessmodelcanvasandswotforenhancingperformanceandsustainabilityinshariacooperatives AT chaidiriswanaji optimizingbusinessmodelcanvasandswotforenhancingperformanceandsustainabilityinshariacooperatives AT budihartono optimizingbusinessmodelcanvasandswotforenhancingperformanceandsustainabilityinshariacooperatives AT supanjisetiyawan optimizingbusinessmodelcanvasandswotforenhancingperformanceandsustainabilityinshariacooperatives AT ernipujiastutik optimizingbusinessmodelcanvasandswotforenhancingperformanceandsustainabilityinshariacooperatives |