6. Measuring Outcomes
Our International Strategy supports and enhances the interests of all those who live and work here. The actions that we have set out above will, combined, transform the city’s international engagement. However, we are clear that reporting against these actions, in isolation, will not deliver the change we wish to see.
Reporting on the strategy will go to the GEL Board on a regular basis and to a Council committee with an annual update. To that end, in the delivery plan stage, we will set out a suite of outcome measures by which we will judge the success of this strategy. A comprehensive suite of outcomes and associated baseline data will take further work to develop. This will also complement the reporting of wider outcomes across the Council family. In particular, the Glasgow City Region Economic Strategy sets out a number of outcome indicators over three grand challenges of Inclusive Economy, Enhancing Productivity and Climate Emergency.
We understand that our international activities will support the improvement of many of those indicators. However, for the purposes of supporting the International Strategy, we anticipate the following outcomes may be assessed:
- Higher employment and further job creation in high growth sectors;
- Export performance compared to current levels, including an increased number of businesses, and in particular SMEs, being export active;
- Attraction of Foreign Direct Investment (FDI), including the continued growth of FDI projects;
- Glasgow is perceived positively as a destination for tourism and investment, and recognised as a leader by other cities globally;
- Our participation in International Networks supports access to new funding opportunities and supports the development of national and international policy positions that benefit the people of Glasgow;
- Our ability to attract and retain International talent to Glasgow is recognised; and
- We make better use of the international diaspora of Glaswegians, and our alumni networks, to support FDI/FCI or market access opportunities.
The full suite of measures, and their integration into the wider outcome indicator reporting, will be fully developed during the creation of the delivery plan.