Over view of Grameen Phone Grameen phone is a GSM-based cellular operator in Bangladesh.Grameen Phone started operations on March 26‚1997. It is partly owned by Telenor (62%) and GrameenTelecom(38%).Grameen Phone is the largest mobile phone company in Bangladesh. It is also one the fastest growing cellular telephone network in Bangladesh.. Grameen Phone’s stated goal is to provide cost-effective and quality cellular services in Bangladesh. On the 16th of November‚ 2006 GPformally changed its logo
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Vision Analysis In general‚ Coca-cola vision guides all members to understand what the company does‚ how it is done‚ and who it is done for also keeps the employees focused on the realistic goals of the firm‚ customers‚ investors‚ and other business partners. An effective vision should consists of two component which the first one is a cognitive component; which focuses on outcomes and how the best to achieve it‚ and the second component is affective component which will helps to motivate people
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communication policy. There must be certain issues which create problem among the departments and teams. As we have already mentioned and described the existing communication policy‚ so we also need to share the lacking in these communication policies. Grameen Phone is always working hard to overcome this communication gap‚ but new and new technologies and its features again start to create gap between the departments and even in the single team management. Moreover‚ there is now organization without any kind
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The phenomenon of Bangladesh Grameen Bank Bangladesh Grameen Bank (Grameen) is an important phenomenon of modern times. The brainchild of Dr. Mohammed Yunus‚ a US educated professor who came to teach at Bangladesh’s University of Chittagong‚ Grameen is the pioneer of Microfinance. Microfinance‚ a lending practice for the poorest of the poor‚ which was conceptualised by Dr. Yunus in the course of his field work with his students in Bangladesh‚ has now spread across the world (Holcombe‚ 1995‚ p 4
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Grameen Danone Foods Muhama Yunus reinvented the world by giving the poor a way out of poverty through micro financing with Grameen Bank and improving the health of children with Grameen Foods. With the help of Grameen Group’s establishment‚ he was turned towards Danone‚ where he continued his venture of social entrepreneurship. The partnership between Grameen and Danone was crucial to the organization that was built. Just as Homeless World Cup and Nike partnered to give each other benefits
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Grameen Bank: Taking Capitalism to the Poor Evaristus Mainsah* MBA ’04 Schuyler R. Heuer MBA ’04 Aprajita Kalra MBA/MIA ’04 Columbia Business School Columbia University School of International and Public Affairs Qiulin Zhang MPA ’04 Columbia University School of International and Public Affairs This paper was written as part of the course Emerging Financial Markets taught by David O. Beim‚ professor of professional practice‚ at Columbia Business School in fall 2003. The authors are
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Introduction: Grameen Bank (GB) has reversed conventional banking practice by removing the need for collateral and created a banking system based on mutual trust‚ accountability‚ participation and creativity. Grameen Bank provides credit to the poorest of the poor in rural Bangladesh‚ without any collateral. At Grameen Bank‚ credit is a cost effective weapon to fight poverty and it serves as a catalyst in the overall development of socio-economic conditions of the poor who have been kept outside
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Bibliography: 1. Armendáriz de Aghion‚ B. (1999). ’On the design of a credit agreement with peer monitoring ’‚ Journal of Development Economics‚ vol. 60‚ pp. 79-104. 2. Auwal‚ MA(1996). Promoting Microcapitalism in the Service of the Poor: The Grameen Model and Its Cross-Cultural Adaptation Journal of Business Communication‚ Vol. 33‚ No. 1‚ 27-49 3 4. Besley‚ T. and Coate‚ S. (1995). ’Group lending‚ repayment incentives and social collateral‚ ’ Journal of Development Economics‚ vol. 46 (1)‚ (February)
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Grameen Bank | | |[pic] | |Type |Body Corporate (Bank Ordinance) | |Industry |Finance | |Founded |1983 | |Headquarters |Dhaka‚ Bangladesh
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Wawasan 2020 or Vision 2020 is a malaysian ideal introduced by the former Prime Minister of Malaysia‚ Mahathir bin Mohamad during the tabling of the Sixth Malaysia Plan in 1991. The vision calls for the nation to achieve a self-sufficient industrialized nation by the year 2020‚ encompasses all aspects of life‚ from economic prosperity‚ social well-being‚ educational worldclass‚ political stability‚ as well as psychological balance. In order to achieve Vision 2020‚ Mahathir lamented that the nation
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