Achieving Business Focus
- 1 December 2007
- journal article
- research article
- Published by SAGE Publications in Industry and Higher Education
- Vol. 21 (6), 415-426
- https://doi.org/10.5367/000000007783099773
Abstract
The development of entrepreneurial management skills by owner-managers of existing small firms has been neglected in comparison with the attention paid to new venture entrepreneurs. However, the survival and growth of small firms is vital in regional economic development. Many small businesses are vulnerable in the period after start-up, or when faced with changes in the market, competition or technology. This article explores an innovative approach to the development of owner-managers of small firms through the ‘Achieving Business Focus’ programme, which is based on entrepreneurial learning rather than training perspectives. The article summarizes the relevant literature to distinguish between training and learning approaches to owner-manager development. The development of an innovative approach to opportunity-centred entrepreneurial learning is described, including its objectives, design, structure, marketing, delivery and use of technology, and the partnership between the university and the private-sector delivery team. The author addresses four key questions. How can an effective intervention be designed and delivered to enable owner-managers to develop their entrepreneurial management capabilities? How can this be delivered effectively by a university to meet the expectations of Regional Economic Development agencies, entrepreneurs, the university and other stakeholders? How can the impact be evaluated? What are the transferable lessons for developing, delivering and sustaining this type of intervention?Keywords
This publication has 23 references indexed in Scilit:
- A conceptual model of management learning in micro businessesEducation + Training, 2005
- Contemporary training initiatives in Britain: a small business perspectiveJournal of Small Business and Enterprise Development, 2004
- Exploring the link, among small firms, between management training and firm performance: a comparison between the UK and other OECD countriesThe International Journal of Human Resource Management, 2004
- A systemic approach to entrepreneurial learning: an exploration using storytellingBehavioral Science, 2004
- Opportunity centred learning: an innovation in enterprise education?Education + Training, 2003
- The determinants of management training within smaller firms in the UK. What role does strategy play?Journal of Small Business and Enterprise Development, 2002
- Owner‐manager learning in small firmsJournal of Small Business and Enterprise Development, 1999
- Determinants of management development in small businessesJournal of Small Business and Enterprise Development, 1999
- Management development in SMEs: what needs to be done?Journal of Small Business and Enterprise Development, 1998
- Entrepreneurship and Small Business Management: Can We Afford to Neglect Them in the Twenty‐first Century Business School?British Journal of Management, 1996