Soyo practice: revitalization of local wisdom values in the community empowerment of the modern management era

Munir, Misbahul ORCID: https://orcid.org/0000-0003-3344-6845, Sagena, Basir and Prajawati, Maretha Ika ORCID: https://orcid.org/0000-0002-3084-4031 (2021) Soyo practice: revitalization of local wisdom values in the community empowerment of the modern management era. European Journal of Business & Management Research (EJBMR), 6 (1). pp. 206-211. ISSN 2507-1076

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Abstract

The mutual help or soyo practice, which has relevance in modern management systems, is an effort to strengthen the local wisdom values in urban communities that tend to rely on cultural mechanisms. This research aims to show the cultural mechanism that still survives in Javanese urban communities concerning modern management systems development. Meanwhile, the analysis performed was based on data obtained through interviews, observation, and documentation methods. The research showed that soyo is a local tradition that emphasizes the survival of solidarity bonds and mutual help or ta’awun. Furthermore, the practice describes the efforts to maintain community cohesion and solidity amid life’s complexities. The mutual help principle in soyo has also proven to assist the community in achieving goals without fully relying on economic capital and other parties’ intervention, especially from the state. Therefore, a modern management system should be open to the local wisdom values in reflecting how to achieve these goals.

Item Type: Journal Article
Keywords: soyo practice; local wisdom; ta’awun; cooperation; modern management
Subjects: 14 ECONOMICS > 1401 Economic Theory > 140101 History of Economic Thought
Divisions: Faculty of Economics > Department of Management
Depositing User: Maretha Ika Prajawati
Date Deposited: 19 Mar 2021 07:02

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