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IIM Consortia


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IIM Consortia

  1. 1. Submitted byKalpita K. Potawad M.L.I.Sc 2012-2013
  2. 2. Definition of ConsortiaA Consortium could be described as a group of organizations whocome together to fulfill a combined objective that usefully requiresco-operation and the sharing of resources and need to have a clearmutual goal in order to ensure their success. The aim should be todeliver “more than the sum of the individual parts”. A libraryConsortium formation can be local, regional, state, national andinter institutional level.Need for library consortiumThe consortium is needed for libraries because of:1. Information explosion2. Diversity of user needs3. Financial crunch4. Impossibility of self-sufficiencyIssues related to library consortiumVarious factors to be taken for an effective functioning of asuccessful consortium. The major issues of consortia approachesare  Selecting a coordinating agency to deal on behalf of the entire group of participants and Executing and monitoring the work.  Sources of funding to meet the subscription cost  Identifying and negotiating the potential publishers / vendors or aggregators to provide Access under consortia purchase.  Source of funding to meet the subscription cost  Legal issues involved in contracts and usage of material within the consortia.  Identification of libraries interested in participating and agreeing on common terms and conditions.  Identifying the necessary infrastructure from electronic access to resources  Issues related to backup and archival of database  Documentation and training to staff.  Designing and launching a library consortium should be long run 1
  3. 3. INTRODUCTIONThe voluminous growth of published documents in the recent past,increasing cost of information resources, technologicaladvancements that offer newer methods of information processing,retrieval and dissemination are some of the factors which havemade partnership a necessity. Building partnership is currently away of business to leverage the resources in order to provide moreeffective services. Partnership allows to gain competitive advantageby pooling the resources. Because of mutual interests andcomplementary skills, partnership brings better solutions.Partnership goals and the plan must be shared by all participatingorganizations. The partnership must also be aligned with themissions and visions of all participating organizations. Resourcesmust be identified to accomplish the plan, and the plan must befrequently reviewed and updated as new information becomesavailable. The professional relationship among the partners must bebased on mutual respect and an interest in participation in awin/win manner. A successful partnership may take years todevelop to the point that all participants possess the trust needed toshare.Need of resource sharing was realized by IIM Libraries. Besidesentering into the interlibrary loan practice, IIM Libraries alsothought seriously of resource sharing in many other areas such ascooperative acquisition, cooperative processing and decentralizedutilization. The concept of IIM Consortium has been floated a fewyears back. IIM Consortium is becoming a reality. The two areaswere identified for partnership viz., (a) developing the collection onshared basis, and (b) developing the services for exploiting such 2
  4. 4. collection. IIM Library consortium has in the last one yearsuccessfully executed a few shared acquisition services viz., ScienceDirect of Elsevier, John Wiley electronic journals and Kluwerelectronic journals, Proquest and EBSCO services. More areas areidentified for partnership.IIM HistoryIndian Institutes of Management have been set up by theGovernment of India as Institutes of higher learning to help improvemanagement systems in the country. Together they cover widestrange of activities, setting standard of performance in everythingthey do. This family comprises six institutions as centers ofexcellence. They are Indian Institute of Management Ahmedabad(IIMA, 1961), Indian Institute of management Calcutta (IIMC 1961),Indian Institute of Management Bangalore (IIMB, 1972), IndianInstitute of Management Lucknow (IIML, 1984), Indian Institute ofManagement Kozhikode (IIMK, 1996) and Indian Institute ofManagement Indore (IIMI, 1996).Each institute is an autonomous body registered as an independentsociety in respective state. State governments have played animportant role in the formation and functioning of theseinstitutions.IIM’s Library Consortia-Indian Institute of ManagementIIM Library consortia is a Digital Library network system based oninternet technology to provide the IIM community (faculty, studentsand staff) an online web enabled access to the informationresources available in all the IIMs without any barriers of time anddistance. It will be a simple, efficient and cost effective system. Thebasic operating principle of this system is decentralized acquisition,decentralized processing and centralized utilization. 3
  5. 5. IIM’s Library Consortia Members.1. Indian Institute of Management, Ahmedabad (IIMA),http://www.iimahd.ernet.in2. Indian Institute of Management Bangalore (IIMB), Indian Institute of Management Calcutta (IIMCAL), Indian Institute of Management Indore (IIMI), Indian Institute of Management Kozhikode (IIMK), Indian Institute of Management Lucknow (IIML), IIMs Library Consortia Members IIMA IIML IIMB IIMK IIMCAL IIMIActivitiesAll the Institutes conduct Postgraduate Programs in ManagementProgramme, Long and Short duration Management DevelopmentProgrammes, Faculty Development, Research and provideconsulting support. The first four conduct doctoral programme alsoknown as Fellow Program in Management. Some of them offer 4
  6. 6. Interactive Distance Learning Programmes. Besides, they offerindividually a wide range of other sharply focused set of activities byestablishing various specialized centers.IIM LIBRARY CONSORTIA Indian Institutes of Management are premier nationalbusiness management education set up by the legislation ofGovernment of India. The major objective of the Institutes is to trainyoung graduates to become professional managers. To achieve theobjective each IIM set up libraries to support teaching, learning,research and other consultancy activities of the institutes, now allof them are fully modernized. The concept of IIM LibraryConsortium has been floated a few years back, when the IIMsLibraries felt to interact on the possible sharing of their subscribeddigital resources, and a pilot study was conducted to identify thecurrently subscribed digital resources among the IIMs.Subsequently, the IIMs Directors, in a meeting held at IIMK duringAugust 2001 approved the formation of the „consortia‟ andencouraged the libraries to actively participate for mutual benefit. Accordingly, the libraries jointly identified the consolidatedelectronic resources, which will be of great relevance to the IIMcommunity and invited the major publishers/vendors of databases,journals and other value added service providers. Naturally thepublished/vendors enthusiastically responded to the invitation,even they invitation; even they made their presentation along withtheir competitive offers for the consortia. In some cases they offeredat drastically reduced price-as much as 40-45 percent discounts,provided all IIMs subscribe to the same resources, viz.ABI/INFORM-full text, Business sources Premier, Gale Products,Global Marketing Information Database, etc; and other resources,viz., EBSCO-BSE, EconLit-Ovid, CAPITALINE, INDIA INFORMER,etc. were priced in a rational way. 5
  7. 7. Therefore, being a closed proportion, IIM Consortia identified twoareas for partnership viz. developing the collection on shared basis,and developing the services exploiting such a collection. Theconsortia envisaged the operating principle of decentralizedacquisition, decentralized processing and centralized utilization andaccess. In reality, they successfully executed a few sharedacquisition services viz. Science Elsevier, John Wiley electronicjournals, and Kluwer electronic journals, Proquest and EBSCOServices. More areas identified for partnership. Now the IIM Libraryconsortia have their success for partnership. Present Situation Not optimal, lack of strategy, inequality, uncoordinated,unstructured, lack of IT infrastructure, lack of resources, budgetary constraints, light at the end of the tunnel, etc Desired Situation Formulation of a strategy, optimal access to information, sufficient financial support, availability of resources, infrastructural facilities, shared risk etc. Extreme Situation Enormous resources, adequate quality, sufficient infrastructure, sufficient budget, minimum risk, easiest access, utmost satisfaction etc.This above figure shows that how the IIM library consortium willmake the present position more convenient, user friendly andfruitful for the future IIM libraries in the country. 6
  8. 8. e-Resources for IIMsABI / INFORM CompleteACM Digital LibraryAsian CERCs InsightCapitalineCRIS INFAC Industry InformationEBSCO DatabaseEmerald Full-textEuromonitor(GMID)IEL OnlineScience Direct (3 Subject Collections)ABI / Inform CompleteABI / Inform is a world-renowned database of full text journals onbusiness, economy and management providing a comprehensivecoverage on various micro as well as macroeconomic aspects ofvarious economies of the world. It covers nearly 4,000 journals inbusiness, management and social sciences with around 3000 ofthem in full text and remaining 1000 at the abstract level withcoverage dating back to 1923. Among new sources added to ABIincludes EIU Newswire, Going Global Career Guides, 14,000Dissertations. Publications from world famous publishers like Sage,Kluwer, Macmillan, Oxford University Press, Wiley, Emerald, MITSloan, Springer, Blackwell, Taylor & Francis etc. 7
  9. 9. ACM Digital LibraryThe ACM Digital Library (DL) is the most comprehensive collection offull-text articles and bibliographic records in existence todaycovering the fields of computing and information technology. Thefull-text database includes the complete collection of ACMspublications, including journals, conference proceedings,magazines, newsletters, and multimedia titles.CapitalineFrom desktops to Internet and Intranet websites, it delivers thehighest quality market data and financial information available onsecurities, derivatives and commodities traded on Indian stockmarkets.CRIS INFAC Industry InformationCRISIL is a global analytical company providing ratings, research,and risk and policy advisory services. It is Indias leading ratingsagency. They are also the foremost provider of high-end research tothe worlds largest banks and leading corporations. Withsustainable competitive advantage arising from our strong brand,unmatched credibility, market leadership across businesses, andlarge customer base, they deliver analysis, opinions, and solutionsthat make markets function better. 8
  10. 10. EBSCO DatabaseEBSCOhost databases and discovery technologies are the most-used, premium online information resources for tens of thousandsof institutions worldwide, representing millions of end- users.Emerald Insight Full-textEmerald publishes the worlds widest range of management andlibrary & information services journals, as well as a strongspecialist range of engineering, applied science and technologyjournals. Emerald database allow instant access to the latestresearch and global thinking. It provides information, ideas andopportunity to gain insight into key management topics. Emeraldwas established in 1967 by a group of senior academicians formedMCB University Press, a publishing house that focused on nichemanagement disciplines including strategy, change managementand international marketing. 9
  11. 11. Euromonitor(GMID)Established in 1972, Euromonitor International is the world leaderin strategy research for consumer markets. Comprehensiveinternational coverage and leading edge innovation make ourproducts an essential resource for companies locally and worldwide.IEL OnlineIEEE is the worlds largest professional association dedicated toadvancing technological innovation and excellence for the benefit ofhumanity. IEEE and its members inspire a global communitythrough IEEEs highly cited publications, conferences, technologystandards, and professional and educational activities.Science Direct (3 Subject Collections)Science Direct is a leading full-text scientific database offeringjournal articles and book chapters from more than 2,500 peer-reviewed journals and more than 11,000 books. There are currentlymore than 11 million articles/chapters, a content base that isgrowing at a rate of almost 0.5 million additions per year. 10
  12. 12. B i b l i o g r a p h i c R e s o ur c e s J-Gate Custom Content for Consortia (JCCC) JCCC@ INDEST-AICTEThe Ministry of Human Resource Development (MHRD) has set-up the"Indian National Digital Library in Engineering Sciences and echnology(INDEST) Consortium" on the recommendation made by the ExpertGroup appointed by the ministry under the chairmanship ofProf.N.Balakrishnan. The Ministry provides funds required forsubscription to electronic resources for (57) institutions including IISc,IITs, NITs, IIMs and a few other centrally-funded Governmentinstitutions through the consortium headquarters set-up at the IITDelhi. Besides, (60)Government or Government-aided engineeringcolleges and technical departments in universities have joined theConsortium with financial support from the AICTE. Moreover, theINDEST-AICTE Consortium, as an open-ended proposition, welcomesother institutions to join it on their own for sharing benefits it offers interms of highly discounted rates of subscri339ption and better termsof agreement with the publishers. All electronic resources beingsubscribed are available from the publisher‟s Website. The Consortiumhas an active mailing list and a Web site hosted at the IIT Delhi.ConclusionThe consortium, with its collective strength of participatinginstitutions, has attracted highly discounted rates of subscription withmost favorable terms of agreement. Consortia are tools, which will aidin exploiting the features of the e-journals as well as in effectingsavings 11
  13. 13. ReferenceYernagla, R., & Kelkar, P.K. Library Consortia: benefits and models of E-journals Consortia. Retrieved from, A., Pandian. P., & Gupta, D.K. Partnership for Success: A case ofIIMs libraries consortia model. Retrieved from, Anil. (2012). Manual of Digital Libraries. (vols. 1-2). New Delhi: EssEss Publications. 1046p. 12