RISK MANAGEMENT OF PONDOK PESANTREN DARUSSALAM IN BLOKAGUNG SUB-VILLAGE BANYUWANGI REGENCY EAST JAVA PROVINCE

Abstract

Purpose: Risk exists in all organizations, including Pondok Pesantren. Risks need to be managed appropriately and correctly.Improperly managing risks can have serious consequences for the organization's operations. The purpose of this study is to analyze the managers’ perceptions of Islamic education institutions in Pondok Pesantren Darussalam Blokagung Banyuwangi Regency in implementing non-financial risk management (identifying and managing existing risks) in order to be able to compete with other educational institutions.

Methods: This study focuses on the management of non-financial risk management with reference to a holistic single case-study. Interviews were conducted with key informants from within the Pesantren (managers and administrators) and supporting informants from outside Pesantren. Data analysis in this study used the Interactive Model of Miles and Huberman.

Results: Darussalam boarding school managers perceive that risk management is very important to be implemented in Pondok Pesantren. Risk has a positive impact and a negative impact on the management of Pondok Pesantren, so it is important to manage risks well, so that Pondok Pesantren can develop and compete.

Conclusion and suggestion: The efforts of Pondok Pesantren in improving the quality of the management of educational institutions are carried out continuously. Managers of Pondok Pesantren should be more responsive and aware of the risks faced, as well as the importance of good risk management because they are related to the sustainability of Pondok Pesantren in the future.

Originality/Value:The most important contribution in this article is to develop the concept of non-financial risk management in Pondok Pesantren in order to be able to compete with other educational institutions.