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Inventing our future Collective action for a sustainable economy

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How do we get there?<br />

Monitoring<br />

126<br />

4.2 Monitoring<br />

The strategy is underpinned by a robust<br />

framework that integrates per<strong>for</strong>mance<br />

monitoring and management.<br />

Per<strong>for</strong>mance monitoring<br />

The monitoring framework comprises f<strong>our</strong> tiers of indicators to assess<br />

progress towards the regional economic strategy (RES) vision:<br />

Figure 15<br />

Monitoring framework<br />

Delivering the strategy<br />

Vision<br />

Goals<br />

Priorities<br />

Actions<br />

Monitoring progress<br />

Headline ambitions<br />

What success will look like<br />

Core indicators<br />

Delivery milestones<br />

Headline ambitions: these are long-term targets that set the overall scale<br />

of ambition <strong>for</strong> the RES and quantify the strategy’s vision (see Where do<br />

we want to be? Headline regional ambitions section on page 31 and the<br />

table opposite).<br />

There are six headline ambitions based around:<br />

• economic output • employment<br />

• skills • inequality<br />

• greenhouse gas emissions • res<strong>our</strong>ce efficiency.<br />

What success will look like: these are visions <strong>for</strong> what success will look<br />

like <strong>for</strong> the successful delivery of each goal. They can be quantitative or<br />

qualitative (see table opposite).<br />

Core indicators: these <strong>for</strong>m a set of quantitative monitoring indicators<br />

linked to the priorities of each RES goal.<br />

Delivery milestones: this tier comprises the milestones and key<br />

per<strong>for</strong>mance measures of activities that are directly related to the inputs<br />

of partners delivering the strategy. They will be attached to <strong>action</strong>s set<br />

out in the East of England Implementation Plan.

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