Designing and evaluating a high-quality training program for an electric cooperative employees

Abstract

This evaluation research investigated the quality and effectiveness of a high-quality training program designed for 30 electric cooperative employees. The training program employed a modular approach, encompassing seven key areas such as Accounting Equation, Recording Transactions, Financial Statements, Adjusting Journal Entries, Statement of Cash Flows, Analyzing Financial Statements, and Forecasting and Valuation. A comprehensive evaluation questionnaire was developed and administered to rigorously evaluate the training program. This instrument was structured into three distinct sections: the collection of participant demographic data to provide context, a thorough evaluation of the training program's content and delivery, and a detailed evaluation of the program's effectiveness from the employees’ perspectives. The latter two sections utilized a 5-point Likert scale, enabling quantitative measurement of responses and facilitating statistical analysis. The study's findings demonstrated the successful design and implementation of the training program. The training modules were consistently rated as excellent by the participants. This positive reception suggests that the program's content and delivery methods resonated well with the electric cooperative employees. Furthermore, the overall effectiveness of the training program, when considered in its entirety, was also evaluated as highly effective, indicating a strong positive impact on the participants' knowledge and skills. This research establishes that the training program demonstrated significant effectiveness. The results further suggest that such a program holds substantial potential to contribute to the enhancement of financial competence among electric cooperative employees, ultimately benefiting both the employees and the cooperative.