Skip to main content
Top

2017 | OriginalPaper | Chapter

3. Lessons from Muhammad Yunus and the Grameen Bank: Leading Long-Term Organizational Change Successfully

Activate our intelligent search to find suitable subject content or patents.

search-config
loading …

Abstract

Katharine Esty analyzes how Muhammad Yunus grew the Grameen Bank over forty years and demonstrated that it was practical to lend money to the poorest of the poor. Yunus turned conventional banking practices upside down and developed innovative management practices to address his particular situation. Esty believes there is much for today’s managers to learn from him about leading change over a long period of time. She compares his model of leadership to those of John Kotter and Rosabeth Kanter and highlights the differences in their models. Yunus’ emphasis on the importance of all kinds of communication, his ability to brand his organization, and his flexibility in adapting to change are key factors that explain his stunning successes. She concludes with some preliminary thoughts about how leading successful long-term change differs from leading more time-limited change efforts.

Dont have a licence yet? Then find out more about our products and how to get one now:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

  • über 102.000 Bücher
  • über 537 Zeitschriften

aus folgenden Fachgebieten:

  • Automobil + Motoren
  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Elektrotechnik + Elektronik
  • Energie + Nachhaltigkeit
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Maschinenbau + Werkstoffe
  • Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

  • über 67.000 Bücher
  • über 340 Zeitschriften

aus folgenden Fachgebieten:

  • Bauwesen + Immobilien
  • Business IT + Informatik
  • Finance + Banking
  • Management + Führung
  • Marketing + Vertrieb
  • Versicherung + Risiko




Jetzt Wissensvorsprung sichern!

Literature
go back to reference Blakely, R. (2010, August 9). Big guns battle over small loans. The Times. Blakely, R. (2010, August 9). Big guns battle over small loans. The Times.
go back to reference Bornstein, D. (1996). The price of a dream: The story of the Grameen Bank. New York, NY: Simon and Schuster. Bornstein, D. (1996). The price of a dream: The story of the Grameen Bank. New York, NY: Simon and Schuster.
go back to reference Esty, K. (2010). Personal Interviews with Yunus. Esty, K. (2010). Personal Interviews with Yunus.
go back to reference Kanter, R. M. (1999). The enduring skills of change leaders. Leader to Leader, 13(summer), 15–22.CrossRef Kanter, R. M. (1999). The enduring skills of change leaders. Leader to Leader, 13(summer), 15–22.CrossRef
go back to reference Kotter, J. P. (1998). Winning at change. Leader to Leader, 10(fall), 27–33.CrossRef Kotter, J. P. (1998). Winning at change. Leader to Leader, 10(fall), 27–33.CrossRef
go back to reference Marshak, R. J. (2008). The paradoxes of sustaining organizational change. OD Practitioner, 40(2), 61–63. Marshak, R. J. (2008). The paradoxes of sustaining organizational change. OD Practitioner, 40(2), 61–63.
go back to reference Yunus, M. (1999). Banker to the poor: Micro-lending and the battle against world poverty. New York, NY: Public Affairs. Yunus, M. (1999). Banker to the poor: Micro-lending and the battle against world poverty. New York, NY: Public Affairs.
go back to reference Yunus, M. (2009). Grameen Bank at a glance. Dhaka, IN: Grameen Bank. Yunus, M. (2009). Grameen Bank at a glance. Dhaka, IN: Grameen Bank.
go back to reference Yunus, M. (2010). Building social business. New York, NY: Public Affairs. Yunus, M. (2010). Building social business. New York, NY: Public Affairs.
Metadata
Title
Lessons from Muhammad Yunus and the Grameen Bank: Leading Long-Term Organizational Change Successfully
Author
Katharine Esty
Copyright Year
2017
DOI
https://doi.org/10.1007/978-3-319-47045-0_3

Premium Partner