Abstract:
Presently the rapid growth and diversification of the gigantic NGO sector of Bangladesh has given rise to
questions and concerns, about their trade-offs between sustainability and pro-poor orientation; the impact and quality
of services; corporate governance; management and accountability. The paper is based on a proposal to introduce a
modern management system viz. value based management (VBM) in the NGOs of Bangladesh. Value-based
management can be defined as an integrated management control system that measures, encourages and supports the
creation of net worth. The report of Transparency International Bangladesh ‘Problems of Governance in the NGO
Sector: The Way Out’ (TIB) 2007 is used here as an information source of finding out the flaws of existing management
techniques. Finally the paper recommended implementation techniques of VBM in order to regain the image of the
NGOs as a pioneer of social welfare in Bangladesh.
