Poverty in Museums....what???

“Human beings are much more than just making money”  

                                                        - Mohammad Younus

                                                                                 

Hello everyone, few days back ,while searching on the internet, I read that  Dr. Mohammad Yunus aims to place poverty in museums. I was totally astounded by his statement. I was intrigued by his idea of removing the poverty from whole world and ended up watching this amazing video. This video opened my eyes to the whole world of opportunities which earlier I couldn’t see.This video will surely broaden your horizon about doing business.

According Dr. Mohammad Yunus, poverty is the absence of all human rights. The frustrations, hostility and anger generated by abject poverty cannot sustain peace in any society. For building stable peace we must find ways to provide opportunities for people to live decent lives. If you go out into the real world, you cannot miss seeing that the poor are poor not because they are untrained or illiterate but because they cannot retain the returns of their labor. They have no control over capital, and it is the ability to control capital that gives people the power to rise out of poverty. He believes that we can create a poverty-free world because poverty is not created by poor people. It has been created and sustained by the economic and social systems that we have designed for ourselves; the institutions and concepts that make up that system; the policies that we pursue. 

When a destitute mother starts earning an income, her dreams of success invariably center around her children. A woman's second priority is the household. She wants to buy utensils, build a stronger roof, or find a bed for herself and her family. A man has an entirely different set of priorities. Thus money entering a household through a woman brings more benefits to the family as a whole. Hence, 96% of grameen bank customers are women.

Achieving Excellence :

Excellence = Effectiveness * Efficiency

Excellence is the product of efficiency and effectiveness. They go hand in hand. One can not achieve excellence with either efficiency or effectiveness. Both things needs to happen simultaneously achieve excellence as that happened in case of grameen bank. Humans working as individuals can not achieve  the excellence. It is the organizations alone that can help in producing excellence

Effectiveness of Grameen Bank :

Where to go to, how to go,why to go to is effectiveness. Grameen  bank is very clear about its destination and how to reach that destination. They want to create a poverty less world by helping , believing in poor people.As peaceful society can not exist with poverty, they want to empower poor people by lending money to them.

Efficiency of Grameen Bank  :

How fast one should go, How one should spend is efficiency. Following are factors which improves the efficiency of Grameen bank.

• Focus on poor
• Tiny loans
• Priority to women
• Credit with social development agenda
• Trust on poor ; no need for collateral  

This is how Grameen bank achieved effectiveness and efficiency which ultimately makes them excellent organisation in the world. It is for this excellence, the whole world salutes Dr. Mohammad Yunus.

Happy Reading !!!