Back to Search Start Over

Applying Return on Investment (ROI) in Libraries.

Authors :
Kelly, Betsy
Hamasu, Claire
Jones, Barbara
Source :
Journal of Library Administration. Sep-Dec2012, Vol. 52 Issue 8, p656-671. 16p. 1 Black and White Photograph, 1 Chart.
Publication Year :
2012

Abstract

State, public, academic, and special libraries are conducting and publishing the results of studies aimed at showing the value of their services and resources. Librarians must be prepared and proactive so when asked to justify budget allocations they have the tools to show their library's value and understand the importance of expressing value in terms familiar to the administrators. By identifying stakeholders and obtaining their buy in, librarians can turn data into evidence of the organization's return on investment (ROI) in the library. ROI is a powerful tool to use when establishing credibility, accountability, and evidence demonstrating the library's value. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
01930826
Volume :
52
Issue :
8
Database :
Academic Search Index
Journal :
Journal of Library Administration
Publication Type :
Academic Journal
Accession number :
84222413
Full Text :
https://doi.org/10.1080/01930826.2012.747383