INTEGRATED REPORTGRAMEEN BANK

Presented ByGary Tarafder

PREVIEW• Grameen Bank• Grameen Bank Family Organization• PEST Analysis• Industry Analysis• VRIO Analysis• Corporate Culture• Strategy• Corporate Governance• Conclusion• References

GRAMEEN BANK• In 1974, Professor Muhammad Yunus from Chittagong University as led his student on field trip on poor village

• His students interviewed a poor women who made stools by bamboo

• He borrowed 15p to buy raw bamboo for each stool. • Sometimes rate as high as 10% a week, after repaying the middleman, she left penny profit margin.

• Professor Yunus realising that something must going wrong with the economic he was teaching.

• He took this matter own hand and from his pocket lent of 17 to 42 basket-weavers.

•Carried on giving out “micro-loan”, against the advice of banks and government

•Grameen Bank formed in 1983, meaning of ‘Village Bank’•In the process of whole bank was created as he done it opposite way to conventional bank.

•Rich-Poor, Man-Women, City-Village, Office-Home.•The name, the term micro credit•2,564 branches, 8.29 million borrowers serving by 19,800 staffs in 81,367 villages. Average $1.5 million in weekly instalment collected by Grameen Bank any working day. 97% borrower are women and 97% recovery rate.

•58 nations are applied Grameen Bank method, includes United State, Canada, France, Netherlands and Norway

GRAMEEN BANK FAMILIES’ ORGANIZATION

• Grameen Communication• Grameen Trust• Grameen fund• Grameen Phone• Grameen Telecom• Grameen Energy• Grameen Education• Grameen Knitwear Limited• Grameen Solution

PEST ANALYSIS• Is a part of external analysis• Framework of micro environment.• This tools help assess market growth, decline, potential buyer, business position and future crisis or threats.

Political FactorEconomical FactorSocial FactorTechnological Factor

INDUSTRY ANALYSIS• Michael E Porter improve a model for business industry analysis in 1979.

• Model use as a strategy develop. • Can assess competitor strength, weakness, threat and position of company.

New entrants in market Bargaining power of suppliers Bargaining power of customer Threat of substitute product Rivalry among existing competitor

VRIO ANALYSIS• Value• Rare• Cost of Imitate• Organization

CORPORATE CULTURE• Who have no work experience• Person must come from disadvantage back ground• Never hire expert who previous work in banking industry• Pick up young fresh people• Young employee love to work with team and take responsibility• Who do not have any work experience at all, they are committed for the company and energetic, passionate for decision making

• Grameen Bank staff punished if they see in office.• Client vs Member

CORPORATE CULTURE

Area Colour

100 Percent Repayment Green

Earning Profit Blue

More Deposit than Outstanding Violet

100 Percent Literacy Brown

100 percent borrower out of Poverty

Line

Red

STRATEGY

•Maintain close relationship with borrower•Why is poverty?•Is it in the person is something missing in the person or something else

•Poverty is not made by the poor.•It is created by the institutions and policies which surround them.

•Business to make money•Human being stuck•It’s part of us but not whole of us•It’s called social business

POTENTIAL CONFLICT• Microcredit has not had a positive impact on gender relationships

• Interest rates are too high• Microcredit has driven poor households into a debt trap• Basic strategy same as like conventional bank that lend money and receive interest.

• New higher loan are immediately hand over

ORGANIZATION STRUCTUREBoard of Director

Head Office

Zonal Office

Area Office

Branches (2500)

Centre (101,000)

Groups (1,100.000)

Borrowers

(8,200,000)

CORPORATE GOVERNANCE•Managing Director of Grameen Bank until 2011•Investor are confident•Borrower own Grameen Bank•Nine Board of Director who are women selected from borrower all over the country and represent them

•Bangladesh Government take over Grameen

ORGANIZATION FLOW CHART

CONCLUSION• Limited success in developed country class of homeless people through micro finance

• Unable to adapt vision long tern micro finance • The real power of Dr. Yunus was trust, honesty and sympathy of poor people

• Success of Grameen Bank came from Micro Finance and new system of banking

• He is one of the greatest leader change the meaning of capital as well as the meaning lives many poor people around the globe

• The last hope left those faced with absolute poverty is credit.• Dr. Yunus believe that credit should be human fundament right.

REPORT PROGRESS

What When Progress

Report Presentation 4/12/2014 Ongoing

Report 03/12/2014SubmittedAt 8.07pm

REFERENCES•Barnett, T. (2011, March). Theory Z. Retrieved August 25, 2014, from Reference for Business: http://www.referenceforbusiness.com/management/Str-Ti/Theory-Z.html•Black, L. (2012, September 12). The Guardian. Retrieved August 23, 2014, from Muhammad Yunus: the model social enterprise leader?: http://www.theguardian.com/social-enterprise-network/2012/sep/12/muhammad-yunus-social-enterprise-leader•Board of Directors. (2014, July 14). Retrieved August 28, 2014, from Grameen Bank: http://www.grameen-info.org/index.php?option=com_content&task=view&id=321&Itemid=332•Butzloff, P. R. (2007, January 3). Leadership styles. Muhammad Yunus: an entrepreneurial leader analysis with strategic implications.,

7(2), 52. doi:1555-1296•Global Business Learning. (2014, May 04). Retrieved August 23, 2014, from The Growth Faculty: http://www.thegrowthfaculty.com.au/thought-leaders/muhammad-yunus#.U_rhbdHloaJ•Grameen Bank. (2014, August 20). Retrieved August 22, 2014, from Biography of Dr. Muhammad Yunus: http://www.grameen-info.org/index.php?option=com_content&task=view&id=329&Itemid=363•Micro Credit Finance for Beggars. (2008, January 17). San Francisco, CA, United State Of America.•Muhammad Yunus - Insight. (2014, January 05). Retrieved August 24, 2014, from A vision. A bank. A leader: http://rolandoedward.tripod.com/id4.html•Professor Muhammad Yunus. (2014, August 22). Retrieved August 22, 2014, from Grameen Bank: http://www.grameen-info.org/index.php?option=com_content&task=view&id=29&Itemid=140•The Nobel Peace Prize 2006. (2014, August 22). Retrieved August 22, 2014, from Nobel Prize Laureates: http://www.nobelprize.org/nobel_prizes/peace/laureates/2006/yunus-bio.html•To Eliminatethe Blindness. (2014, August 23). Retrieved 25 August, 2014, from Aravind Eye Care Hospital: http://www.aravind.org/Default.aspx•Tsanis, K. (2014, August 01). A Leadership Case Study. Retrieved August 23, 2014, from International Journal of Young Leaders: http://leadersjournal.org/index.php?option=com_content&view=article&id=84&Itemid=94•Tsanis, K. (2014). International Journal of Young Leaders. A Leadership Case Study, 4. Retrieved August 22, 2014, from http://leadersjournal.org/index.php?option=com_content&view=article&id=84&Itemid=94•Yunus, P. D. (2011). Inspiring speech for a better world by Bangladeshi Muhammad Yunus of Grameen Bank. [Compact Disc]. United State of America. Retrieved August 23, 2014, from https://ed.grammarly.com/register/signup/report_pale/?newv=1