Abstract
The research’s overall aim was to investigate whether a methodical training development process could improve the uptake of financial management training aimed at non-specialists working in small enterprises.
Invitations were issued to non-financial specialist members of small enterprises to take part in financial management training and provide relevant feedback over an extended period on the impact of the training. The training course was adapted and developed in later versions through an iterative adaptive process based on feedback, resulting in a successive approximation training model that improved uptake of the training programme’s key learning aims. The feedback process allowed a grounded methodical approach to find recurrent themes and match these with key underlying theories that are associated with training development and management accounting applicability. These relevant theories were incorporated into the build process to aid the improvement of the uptake of the training.
The research concludes that when a successive approximation of a financial management training model is developed using an adaptive iterative design process, the result will be that the subsequent financial training will enhance self-assessments of financial competency. Furthermore, there will be improved adoption of the training when key applicable theories are incorporated into the model design maximising the effectiveness of the financial management training aimed at small enterprises.
This research is informative as it contributes to the process needed to build a perceived effective financial management training programme for non-finance specialists working in small enterprises.
Invitations were issued to non-financial specialist members of small enterprises to take part in financial management training and provide relevant feedback over an extended period on the impact of the training. The training course was adapted and developed in later versions through an iterative adaptive process based on feedback, resulting in a successive approximation training model that improved uptake of the training programme’s key learning aims. The feedback process allowed a grounded methodical approach to find recurrent themes and match these with key underlying theories that are associated with training development and management accounting applicability. These relevant theories were incorporated into the build process to aid the improvement of the uptake of the training.
The research concludes that when a successive approximation of a financial management training model is developed using an adaptive iterative design process, the result will be that the subsequent financial training will enhance self-assessments of financial competency. Furthermore, there will be improved adoption of the training when key applicable theories are incorporated into the model design maximising the effectiveness of the financial management training aimed at small enterprises.
This research is informative as it contributes to the process needed to build a perceived effective financial management training programme for non-finance specialists working in small enterprises.
| Original language | English |
|---|---|
| Type | PhD Thesis |
| Publisher | Birmingham City University |
| Number of pages | 501 |
| Publication status | Published - 30 Jun 2025 |
Keywords
- Small Enterprise
- Absorptive Capacity Theory.
- Contingency Theory
- Iterative Constructionist Design
- Financial Training
