A study on the significant factors that contribute to an effective learning and development program of Foundation for Enterprise Management Innovations, Inc.

• Main Authors: Contreras, Gerard Samuel Alphonsus B., Pinero, Leoj Ian Earl A., Racines, Jule Lian C., Villanueva, Juan Rafael L.
• Format: text
• Language: English
• Published: Animo Repository 2012
• Subjects: Microfinance > Philippines; Small business > Finance; Small business marketing > Philippines; Business Administration, Management, and Operations
• Online Access: https://animorepository.dlsu.edu.ph/etd_bachelors/11922; https://animorepository.dlsu.edu.ph/cgi/viewcontent.cgi?article=12567&context=etd_bachelors
• Institution: De La Salle University

Currently in the Philippines, a lot of Micro, Small, and Medium Enterprises (MSMEs) are struggling due to capital needs and lack of entrepreneurial skills. In line with this, Foundation for Enterprise Management Innovations, Inc. (FEMI), a non-government organization, pioneered the assistance and support of this sector in the country through low interest loans and training & consultancy programs. Ever since FEMI conducted its training program for its clients, the seminars are only evaluated in terms of logistic matters such as venue, food, facilitator, and others. However, less is known about the impact it made to the trainees. Hence, in this study, the significant factors that contribute to an effective training program were determined as in the case of the Learning and Development program of FEMI. As the study's foundation for analysis, the proponents made reference to the Impact Measurement Framework for training programs designed by Bersin. The analysis focused on a per seminar basis. Due to limitations in available data, as apparent in the latter portions of this study, it is only in Sales II: Negotiation Seminar where there had a significant factor that contributed to an effective training program. Here, individual performance of trainees was used as measurement. This is significant factor is Alignment or a key performance indicator that measures whether the seminar addressed the needs of the participants.