2013
Contents
How would you describe the system of control in the Grameen Bank? ......................................... 2
How does it contribute to the success of the bank’s vision and mission? ...................................... 3
What are the potential positive benefits of concertive control system, are there positive components or outcomes associated with the concertive control system at the Grameen Bank? .. 4
References: ...................................................................................................................................... 6
Appendix A ..................................................................................................................................... 7 INTRODUCTION: ..................................................................................................................... 7 BACKGROUND OF CASE STUDY: ....................................................................................... 7 CASE STUDY: ........................................................................................................................... 8 CONCLUSION ......................................................................................................................... 11
1
HAMIDREZA
MAGHAZEH
110033960
CONCERTIVE CONTROL SYSTEM
2013
How would you describe the system of control in the Grameen Bank?
Muhammad Yunus, an economics professor, thinks that the poor have skills that remain unor under-utilized, mainly because current institutions and policies fail to offer the support these people require. He founded the Grameen Bank in 1976 to supply credit to those who would not qualify as customers of established banks. Grameen Bank allowances unsecured loans to the poor in rural Bangladesh. It differs from other lending institutions on three counts. First, priority is assumed to designing the system so that the loans can