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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 />

2. Appraisal of programmes and projects<br />

Theory of change<br />

How and why will<br />

the interventions<br />

address market<br />

failures and other<br />

problems associated<br />

with each priority?<br />

What factors must<br />

exist <strong>for</strong> success?<br />

137<br />

Contextual indicators<br />

As well as these core indicators, a set of contextual indicators will be<br />

monitored to provide a full picture of broad trends in the <strong>economy</strong>, lab<strong>our</strong><br />

market, society and environment and to evaluate progress towards the<br />

underlying principles.<br />

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

The progress of implementation of the regional economic strategy (RES)<br />

will be reported at regular intervals:<br />

• targets will be measured annually and core indicators will be measured<br />

twice a year and published on the East of England Observatory website<br />

• progress against RES outcomes and latest regional development<br />

evidence and insight will be presented through an annual ‘State of the<br />

Region’ report<br />

• an East of England Implementation Plan progress report on <strong>action</strong>s<br />

and milestones will be published annually, based on quarterly reporting<br />

• economic and environment-<strong>economy</strong> modelling updates will be<br />

managed by the regional intelligence centre and published online.<br />

Evaluation<br />

The RES has been in<strong>for</strong>med by extensive evidence work, drawing on<br />

regional, local and national research, policy and assessments. However,<br />

we need to refresh constantly the evidence base <strong>for</strong> the RES and evaluate<br />

programmes and <strong>action</strong>s agreed through the East of England<br />

Implementation Plan. Evaluation is important to:<br />

• understand and demonstrate the impact of programmes and projects<br />

• improve decision-making, effectiveness and value <strong>for</strong> money<br />

• celebrate success.<br />

The East of England Implementation Plan and supporting sub-regional<br />

delivery plans are intended to be ‘living’ documents, kept fresh through<br />

a cycle of monitoring, reporting, evaluation and business planning.<br />

The diagram at Figure 16 outlines a ‘logic chain’ <strong>for</strong> ensuring activities<br />

are optimally positioned to deliver the RES vision. xxxiv<br />

Figure 16<br />

Logic chain<br />

1. Analysis of contextual conditions 5. Impact assessment and learning<br />

Contextual conditions and challenges to achieving headline<br />

regional ambitions and goal priorities<br />

Analysis of the problems to be addressed by policy interventions<br />

Implementation planning:<br />

delivery milestones and key per<strong>for</strong>mance measures<br />

Inputs<br />

Res<strong>our</strong>ces<br />

directed and<br />

influenced through<br />

the RES - people,<br />

time, materials,<br />

funds - dedicated<br />

to the delivery of<br />

the interventions<br />

Activities<br />

and processes<br />

The support and<br />

services provided<br />

by stakeholders<br />

jointly or severally<br />

to deliver the<br />

interventions<br />

3.Targeting and monitoring<br />

xxxiv SQW Consulting (May 2008).<br />

Gross outputs<br />

Direct effects from<br />

the interventions<br />

that can be targeted<br />

and monitored.<br />

Net outputs<br />

Adjusted from gross<br />

outputs <strong>for</strong> deadweight<br />

displacement and<br />

multipliers<br />

Impacts<br />

Changes to the East<br />

of England’s position<br />

in relation to<br />

headline regional<br />

ambitions<br />

Outcomes<br />

Change in the<br />

behavi<strong>our</strong>, capacity and<br />

per<strong>for</strong>mance of the<br />

people, communities,<br />

businesses and<br />

organisations over<br />

the medium term as<br />

measured by RES<br />

core indicators<br />

4. Evaluation

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