Interesting approach. I'd like to also see a transparent system where campaign funds are kept in escrow until specific goals are achieved, those goals set by the donors
This is a great idea but I'm not sure it will work out.
Numbers are touched up all the time, both in politics (e.g. few governments will admit to lowering the employment rate, if things are not working, usually a new way of counting the unemployed is introduced) and in large companies (managers who report "everything's fine" up the chain until it's too late).
Applied to your idea, donors will have to come up with KPIs to meet. Whatever the situation, the KPIs will magically look good. And if there are no KPIs, nobody will dare take the job.
In my experience, politicians find new ways to massage the numbers but the civil service keeps collecting the old ones. But, I live in quite a democratic country:
Numbers are touched up all the time, both in politics (e.g. few governments will admit to lowering the employment rate, if things are not working, usually a new way of counting the unemployed is introduced) and in large companies (managers who report "everything's fine" up the chain until it's too late).
Applied to your idea, donors will have to come up with KPIs to meet. Whatever the situation, the KPIs will magically look good. And if there are no KPIs, nobody will dare take the job.