International Business Cooperation Digital Bridge

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Why Would You Need the Technical Cooperation Digital Bridge?

Mykhailo Magal's picture
Mon, 06/29/2015 - 17:21 - Mykhailo Magal

The Technical Cooperation Digital Bridge implements innovative technical cooperation (assistance) approach that bring technical cooperation (assistance) to the next evolutionary level. The purpose of the Technical Cooperation Digital Bridge is to:

  • eliminate costly and supply-driven technical assistance approaches, and instead,
  • reinforce innovative need-driven technology empowered systematic approach that create face-to-face interaction and trust among the technical assistance process participants, and brings technical cooperation (assistance) to the next evolutionary level by making it:
    • need-driven: technical cooperation takes place in response to country-beneficiary’s priorities;
    • owned by beneficiary: with high level of involvement on part of the country-beneficiary, since the initiative comes from them;
    • conducive to pooling technical assistance funds: sponsors pool their funds for selected technical cooperation initiative(s) to improve coordination and encourage country leadership;
    • clear about roles and results expected: technical cooperation beneficiaries and sponsors work together starting submission of Technical Cooperation Initiative to sponsor;
    • supportive to building mutual trust based on information exchange over platform and shared understanding, what is the foundation of most successful Technical Cooperation pooling exercises (including trust among sponsors, not just between sponsors and countries-beneficiaries);
    • contextually better analyzed: in-depth analysis of national contexts and underlying capacity constraints can be identified early and mitigated on project initiation phase;
    • cost-effective: most consulting meetings and part of trainings are being suggested for delivery online to save on per-diem, travel and printing of materials; 
    • technology empowered to achieve greater coordination: platform built-in workflow and private messaging system foster  coordination among sponsors and beneficiaries to better integrate technical cooperation process with relevant national development strategies; 
    • supportive to small, incremental, and context-sensitive initiatives that stand a better chance of success than comprehensive ones.

 

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