4.1 Article

The Search for Real-Time Impact Monitoring for Private Sector Support Programmes

Journal

IDS BULLETIN-INSTITUTE OF DEVELOPMENT STUDIES
Volume 53, Issue 1, Pages 87-101

Publisher

INST DEVELOPMENT STUDIES
DOI: 10.19088/1968-2022.106

Keywords

private sector support; business coaching; economic development; theory-based evaluation; impact analysis

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The article explores the application of theory-based real-time monitoring and evaluation in private sector development programs, and concludes from in-depth interviews that theory-based evaluation can improve program reporting and quantify the importance of contribution, while real-time monitoring and evaluation requires more flexibility in data collection and interaction with mid-management.
An increasing consensus exists in the impact evaluation literature on using detailed theory-based evaluations to evaluate complex programmes such as private sector development (PSD) programmes. At the same time, PSD managers expect periodic and timely (so-called 'real-time') input from evaluators to improve programmes throughout their implementation. This article presents insights from real-time theory-based monitoring and evaluation shaped by the needs of policymakers in two Dutch PSD programmes. To learn about their experiences, we held in-depth interviews with researchers and policymakers involved in the evaluation. The interviews indicated that theory-based evaluation improved reporting on the programmes' contribution to higher-level impact areas and credibly quantified the importance of that contribution. The insights showed too that real-time monitoring and evaluation of PSD programmes requires more flexibility in data collection and increased interaction with mid-management.

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