City Progress Index as a tool to measure donor and regional projects
On 23 February 2018, Deloitte Ukraine's team in partnership with Western NIS Enterprise Fund met with the donor community to discuss tools for monitoring the project efficiency in Ukrainian cities and regions.
During the event organized as a Brown Bag Luncheon, Deloitte's Municipal and Regional Development Group presented the City Progress Index (CPI) concept and methodology, and gave insights to the results of the first pilot measurement in Mykolaiv. The special guests were Mrs. Olena Kucherenko, Director of Regional Development Department at the Мinistry for Regional Development, Building and Housing of Ukraine, Mr. Vasyl Goshosky, ex-Director of Mykolaiv Development Agency, Mrs. Tetiana Sytnyk, representing GfK, a member of CPI development Consortium, and Mrs. Iryna Ozymok, Local Economic Development Program Manager of Western NIS Enterprise Fund.
“Measurement of investment efficiency is crucial for us as a donor organization. Needless to say, we are provided with financial and operational reports by the Agency. Yet, it is a whole different kettle of fish if we look at the results of our investments from a different perspective that rests on 119 indicators of a high-level analytics.
This detailed development analysis of Mykolaiv, with the CPI being produced, has attracted a number of foreign investors as a tool that allows determination of the development level of a specific locality. In contrast to somewhat abstract call “Invest in Ukraine”, the Index gives investors a clear picture of investment landscape before injecting their funds”, Iryna Ozymok commented on the value of the CPI for donor projects.
The results of the pilot measurement of Mykolayiv's Index were first presented in November 2018 at the International Mayors Summit where Mr. Gennadiy Zubko, Vice Prime Minister of Ukraine, Minister of Regional Development, Building and Housing, assured of his support to this innovative tool for regional development.
The City Progress Index is an innovative and comprehensive tool for measuring the progress of and determining the further development of cities and communities in Ukraine. The Index is intended for monitoring the city or community functioning in a broad range of aspects; it establishes individual approaches to measurement of success for each city or community at all levels of economic development. The methodology was developed by Deloitte Ukraine consortium members, including Baker Tilly, Gfk, Joint Effort Agency and Center for Economic Strategy.
“Strategic planning accompanied by setting of priorities and monitoring progress is as important for a municipality as it is for any business. We have developed the CPI tool so that all cities and municipalities could be governed in the same efficient manner as are business entities”, Mr. Andrii Bulakh, Deloitte Ukraine's Managing Partner, expressed his confidence.
Mayor’s offices in five Ukrainian cities, including Lviv, Vinnytsia, Zhytomyr, Dnipro, and Melitopol, are eager to implement the CPI. At the meeting, they asked the donor community to get involved in pilot measurements.
Deloitte's Brown Bag Luncheons are a series of exclusive informal meetings with the donor and international communities aiming to present new innovative ideas to stimulate the transformation of Ukraine.