BDS market development guide.pdf - PACA
BDS market development guide.pdf - PACA
BDS market development guide.pdf - PACA
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70<br />
produce roughly accurate data—they may be wildly misleading. 47 Although case studies may<br />
generate valuable qualitative insights, in general there is widespread dissatisfaction with the<br />
usefulness of monitoring and evaluation for project managers. Responding to this situation,<br />
<strong>market</strong> <strong>development</strong> perspective assesses change within SMEs by:<br />
# Using common <strong>market</strong>-research tools to assess their perception and use of services as<br />
consumers;<br />
# Using case studies to gain a deeper understanding of how <strong>BDS</strong> can impact on business<br />
processes and performance; and<br />
# Leaving rigorous impact assessment to “one-off” scientific approaches (these will usually<br />
need to be instigated and resourced externally).<br />
WHAT’S NEW IN MONITORING AND EVALUATION: WHY WE MEASURE<br />
Although monitoring and evaluation generally is concerned with performance measurement<br />
for management decision-making, accountability, and learning purposes, in specific terms it<br />
has two objectives:<br />
• Improving Performance: helping organizations (and their managers)—donors,<br />
facilitators, and providers—improve what they do, that is, offering them the right kind of<br />
information at the right time so they can make the right decisions.<br />
• Proving Impact: helping prove that a <strong>BDS</strong> intervention has led to positive and significant<br />
change.<br />
Both of these reasons—improving performance and proving impact—are important and<br />
valid. But it is also important to realize they are different. The first serves an operational and<br />
business-oriented interest; the second is associated with a wider, strategic, economic, and<br />
social (and political) perspective—especially those of <strong>development</strong> agency funders. Knowing<br />
why monitoring and evaluation information is required leads to different conclusions about<br />
what should be measured and therefore on how they are measured. For example:<br />
• Providers’ direct interest is the profitability of services and the direct feedback from<br />
SMEs on quality and satisfaction; with this knowledge, they can make appropriate<br />
improvements.<br />
• Facilitators are also interested in the above but, pursuing the overall objective of <strong>market</strong><br />
<strong>development</strong>, want to know about the volume of transactions, number of providers, and<br />
the like.<br />
47 Commonly (if privately) <strong>development</strong> professionals will admit to having little confidence in the data<br />
generated through such surveys.<br />
Microenterprise Best Practices<br />
Development Alternatives, Inc.