Trends and Results in Private Sector Development: Next Steps

By Jim Tanburn, Coordinator of the Donor Committee for Enterprise Development (DCED)

Trends and Results in Private Sector Development: Next Steps

The Donor Committee for Enterprise Development (DCED) organised a Seminar on trends and results in private sector development (PSD), in January 2012. It focused on what we are learning about results and in part on the DCED Standard for results measurement. There were around 100 participants from 32 countries, representing 54 different organisations, field programmes and governments. We took a number of interviews to capture some of the key messages that came out. They also aim to create a discussion around the issues highlighted, and all comments are very welcome.

In the eighth video, Susanne Hartmann, Peter Tschumi and Jim Tanburn address next steps for results measurement and the DCED Standard.

The Seminar was not structured particularly to formulate conclusions, but rather to promote learning, exchange and networking; nonetheless, some next steps were suggested. There was widespread acceptance of the Standard as codifying good practice, as partly evidenced by enthusiasm to apply it to fields other than PSD. Several member agencies wanted to learn more about how to apply the DCED Standard to PSD in a challenge fund context and in business environment reform programmes. Other issues also attracted interest and discussion, including for example how best to report on employment creation. There was widespread support for the idea that the DCED should enhance and expand its plan for implementation of the Standard. Some of the discussions focused on the need to build capacity in the core skills needed to work towards compliance with all aspects of the Standard.

Susanne Hartman, GIZ, highlights how far the DCED Standard has come in a short time. Many projects around the globe are working towards it. However there is more to do and she notes that the Results Measurement Steering Group is committed to further developing the Standard. Peter Tschumi, Senior Policy Advisor for Employment and Income at the Swiss Agency for Development and Cooperation (SDC), suggests a focus should be on disseminating the Standard and building market capacity. Jim Tanburn, DCED Coordinator, notes an analytical process is required to look at developing the whole market for good monitoring.

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