Document: The Compass of Local Competitiveness - A result-based management and monitoring tool for LED processes

This document gives a general overview to the compass concept. The document familiarizes the reader with the background and the basic features of the tool. The structure of a compass is introduced and is put in two special most innovative features of the tool, the four perspectives and the different levels of the compass. Finally, general information on facilitating a compass exercise and contact details for more information on the tool are provided.