The document discusses ROI (return on investment) as it relates to academic libraries. It provides definitions of ROI and explains why it has become important for libraries to demonstrate ROI given budget constraints and demands for evidence of libraries' impact. The document summarizes several studies that have attempted to calculate ROI for libraries in various ways and contexts. It also describes an ROI calculation conducted for the Lebanese American University libraries based on book checkouts, reference transactions, and equipment loans. The conclusion notes challenges in library ROI methodologies and calls for libraries to also focus on new roles in meeting user needs in the digital information world.
Lecture presented by Fernan R. Dizon at PAARL's Summer Conference on the theme "Library Analytics: Data-driven Library Management", held at Pearl Hotel, Manila on 20-22 April 2016
Lecture presented by Rhea Rowena U. Apolinario at PAARL's Summer Conference on the theme "Library Analytics: Data-driven Library Management, held at Pearl Hotel, Manila on 20-22 April 2016
Marie O' Neill explores the expansion of DBS Library's research support services. She discusses key developments during this process including the production of a research development plan, the establishment of a research librarian post, the setting up of an institutional repository and the recent acquisition of Ebsco's Plumx software. The presentation also discusses the impetus, challenges and benefits of this expansion.
The Changing Nature of Collection Development in Academic LibrariesFe Angela Verzosa
Presented at the seminar-workshop sponsored by the Center for Human Research and Development Foundation Inc. at PBSP Bldg, Intramuros, Manila, Philippines on 24 August 2006
The Value & Economic Measures of Libraries - Economic PerspectiveJoe Matthews
A half-day workshop at the 10th Northumbria International
Library Conference, York England July 25, 2013. Topics discussed include return on investment (ROI), Direct use benefits, indirect use benefits, ROI in libraries, What to do, how to communicate value, and Orr's fundamental questions
Lecture presented by Fernan R. Dizon at PAARL's Summer Conference on the theme "Library Analytics: Data-driven Library Management", held at Pearl Hotel, Manila on 20-22 April 2016
Lecture presented by Rhea Rowena U. Apolinario at PAARL's Summer Conference on the theme "Library Analytics: Data-driven Library Management, held at Pearl Hotel, Manila on 20-22 April 2016
Marie O' Neill explores the expansion of DBS Library's research support services. She discusses key developments during this process including the production of a research development plan, the establishment of a research librarian post, the setting up of an institutional repository and the recent acquisition of Ebsco's Plumx software. The presentation also discusses the impetus, challenges and benefits of this expansion.
The Changing Nature of Collection Development in Academic LibrariesFe Angela Verzosa
Presented at the seminar-workshop sponsored by the Center for Human Research and Development Foundation Inc. at PBSP Bldg, Intramuros, Manila, Philippines on 24 August 2006
The Value & Economic Measures of Libraries - Economic PerspectiveJoe Matthews
A half-day workshop at the 10th Northumbria International
Library Conference, York England July 25, 2013. Topics discussed include return on investment (ROI), Direct use benefits, indirect use benefits, ROI in libraries, What to do, how to communicate value, and Orr's fundamental questions
lecture presented by Xenia B. Balgos-Romero at PAARL's Forum held at the Manila International Book Fair on 11 September 2013 at the SMX Convention Center, Pasay City
Collection evaluation techniques for academic libraries ALISS
Sally Halper, Lead Content Specialist - Business & Management, British Library. An excellent introduction to some really good practical qualitative and quantitative tools including White's brief tests. A bibliography of further readings is also provided.
Library Collection Development -- Class 1 -- The purpose of libraries and lib...Sarah Clark
What is the mission of libraries? How is that mission staying constant and how is it changing? Introduction to thinking about the purpose of libraries and collection development through the lens of one librarian at an independent school library in Los Angeles.
Presentation on scope, successes and challenges facing library Open Access publishing funds for the Canadian Association of Learned Journals meeting at Congress 2014. Focus on Canada but also some info on the U.S.
University Futures, Library Futures: re-examining academic library relevanceConstance Malpas
This presentation describes the methodology behind, and demonstrates the application of, a new typology of US higher education institutions based on IPEDs statistical indicators. Further information about the project is available here: oc.lc/libfutures
semi final version of presentation for opened2010; currently lacking decent alt text for graphs and clear licensing in the ppt - posted as backup; will update version after the event
Collection Development (that based on the five laws of S.R.Ranghanathan) is very important part of Collection Management. If we don’t adopt advanced technologies, collection then we can never fulfill the need of advanced users and libraries will become freeze, this is against the 5th law of Ranghanathan that “ Library is a growing organism”.
lecture presented by Xenia B. Balgos-Romero at PAARL's Forum held at the Manila International Book Fair on 11 September 2013 at the SMX Convention Center, Pasay City
Collection evaluation techniques for academic libraries ALISS
Sally Halper, Lead Content Specialist - Business & Management, British Library. An excellent introduction to some really good practical qualitative and quantitative tools including White's brief tests. A bibliography of further readings is also provided.
Library Collection Development -- Class 1 -- The purpose of libraries and lib...Sarah Clark
What is the mission of libraries? How is that mission staying constant and how is it changing? Introduction to thinking about the purpose of libraries and collection development through the lens of one librarian at an independent school library in Los Angeles.
Presentation on scope, successes and challenges facing library Open Access publishing funds for the Canadian Association of Learned Journals meeting at Congress 2014. Focus on Canada but also some info on the U.S.
University Futures, Library Futures: re-examining academic library relevanceConstance Malpas
This presentation describes the methodology behind, and demonstrates the application of, a new typology of US higher education institutions based on IPEDs statistical indicators. Further information about the project is available here: oc.lc/libfutures
semi final version of presentation for opened2010; currently lacking decent alt text for graphs and clear licensing in the ppt - posted as backup; will update version after the event
Collection Development (that based on the five laws of S.R.Ranghanathan) is very important part of Collection Management. If we don’t adopt advanced technologies, collection then we can never fulfill the need of advanced users and libraries will become freeze, this is against the 5th law of Ranghanathan that “ Library is a growing organism”.
NISO Virtual Conference: Expanding the Assessment Toolbox: Blending the Old and New Assessment Practices
Keynote Address: The Value of Library-Provided Content: Assessing Usage and Demonstrating Impact
Megan Oakleaf, Associate Professor of Library and Information Science, iSchool at Syracuse University
The presentation gives an overview on managing library's collection with the aim of effectively and efficiently meeting the information needs of library users.
Strategic Metrics, presented at the Leadership Seminar on Strategy, Assessment and Service Development. University of Lund, Sweden. 19th September 2012. Presentation by Selena Killick, Cranfield University. Presentation discusses the need for assessment of Library Strategies and some of the techniques available to achieve this.
Brief presentation on data driven collection development or evidence based collection development. Generally, some of the things to watch out for and advice on how to view your data.
Using ACRL's New Framework for Information Literacy to Explore Teaching Strat...World Bank Publications
Our objective today is to provide you with some information on ACRL's New Framework for Information Literacy and to show you some ways the World Bank eLibrary (http://elibrary.worldbank.org) and other intergovernmental websites can be used to teach the concepts presented in the framework.
Lecture by Dr. Naji Aoun, Infectious diseases specialist, Hotel Dieu, held at Le Bristol Hotel, Sept. 28, 2009 under the sponsorship of LIONS Midtown Club and Hoffmann-La Roche
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
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June 3, 2024 Anti-Semitism Letter Sent to MIT President Kornbluth and MIT Cor...Levi Shapiro
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Dear Dr. Kornbluth and Mr. Gorenberg,
The US House of Representatives is deeply concerned by ongoing and pervasive acts of antisemitic
harassment and intimidation at the Massachusetts Institute of Technology (MIT). Failing to act decisively to ensure a safe learning environment for all students would be a grave dereliction of your responsibilities as President of MIT and Chair of the MIT Corporation.
This Congress will not stand idly by and allow an environment hostile to Jewish students to persist. The House believes that your institution is in violation of Title VI of the Civil Rights Act, and the inability or
unwillingness to rectify this violation through action requires accountability.
Postsecondary education is a unique opportunity for students to learn and have their ideas and beliefs challenged. However, universities receiving hundreds of millions of federal funds annually have denied
students that opportunity and have been hijacked to become venues for the promotion of terrorism, antisemitic harassment and intimidation, unlawful encampments, and in some cases, assaults and riots.
The House of Representatives will not countenance the use of federal funds to indoctrinate students into hateful, antisemitic, anti-American supporters of terrorism. Investigations into campus antisemitism by the Committee on Education and the Workforce and the Committee on Ways and Means have been expanded into a Congress-wide probe across all relevant jurisdictions to address this national crisis. The undersigned Committees will conduct oversight into the use of federal funds at MIT and its learning environment under authorities granted to each Committee.
• The Committee on Education and the Workforce has been investigating your institution since December 7, 2023. The Committee has broad jurisdiction over postsecondary education, including its compliance with Title VI of the Civil Rights Act, campus safety concerns over disruptions to the learning environment, and the awarding of federal student aid under the Higher Education Act.
• The Committee on Oversight and Accountability is investigating the sources of funding and other support flowing to groups espousing pro-Hamas propaganda and engaged in antisemitic harassment and intimidation of students. The Committee on Oversight and Accountability is the principal oversight committee of the US House of Representatives and has broad authority to investigate “any matter” at “any time” under House Rule X.
• The Committee on Ways and Means has been investigating several universities since November 15, 2023, when the Committee held a hearing entitled From Ivory Towers to Dark Corners: Investigating the Nexus Between Antisemitism, Tax-Exempt Universities, and Terror Financing. The Committee followed the hearing with letters to those institutions on January 10, 202
Read| The latest issue of The Challenger is here! We are thrilled to announce that our school paper has qualified for the NATIONAL SCHOOLS PRESS CONFERENCE (NSPC) 2024. Thank you for your unwavering support and trust. Dive into the stories that made us stand out!
Macroeconomics- Movie Location
This will be used as part of your Personal Professional Portfolio once graded.
Objective:
Prepare a presentation or a paper using research, basic comparative analysis, data organization and application of economic information. You will make an informed assessment of an economic climate outside of the United States to accomplish an entertainment industry objective.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
Biological screening of herbal drugs: Introduction and Need for
Phyto-Pharmacological Screening, New Strategies for evaluating
Natural Products, In vitro evaluation techniques for Antioxidants, Antimicrobial and Anticancer drugs. In vivo evaluation techniques
for Anti-inflammatory, Antiulcer, Anticancer, Wound healing, Antidiabetic, Hepatoprotective, Cardio protective, Diuretics and
Antifertility, Toxicity studies as per OECD guidelines
Acetabularia Information For Class 9 .docxvaibhavrinwa19
Acetabularia acetabulum is a single-celled green alga that in its vegetative state is morphologically differentiated into a basal rhizoid and an axially elongated stalk, which bears whorls of branching hairs. The single diploid nucleus resides in the rhizoid.
1. 9th Annual AMICAL Meeting & Conference
April 4 – 7, 2012
American University of Sharjah
ROI @ LAU LIBRARIES
by
Cendrella Habre
Director, Riyad Nassar Library
Lebanese American University
Beirut
2. What is ROI?
• Naturally, everyone knows that the value a library provides is not the same as the
cost; it is more based on quality than quantity/bottom line. Annual expenditures
measure the cost, but what is the value in dollar sign? If one knew the value, one
could calculate the Return on Investment (ROI).
• Generally, ROI is a concept that is commonly used in evaluating business
investments.
• Lately, ROI has become the “MANTRA” of academic libraries.
• Wikipedia defines ROI as “the ratio of money gained or lost (whether realized or
unrealized) on an investment relative to the amount of money invested.”
• Dictionary of Economics (Wiley) defines ROI as “the net income divided by invested
capital.”
• About.com defines ROI as “the rate of revenues received for every dollar invested
in an item or activity.”
• And so on…
04/18/12 AMICAL_2012 2
3. Why ROI in Libraries?
FACTORS:
• Libraries and the library profession are facing some of the toughest times because
of the global financial crisis.
vs.
• On one hand we have budget constraints, restricted funds, reducing grants, etc. On
the other, we have increasing costs of books, periodicals, multimedia material, etc.
• Most importantly increasing demands to establish a well-developed digital
environment to satisfy users.
• Pressure from academic administrators and funders to provide new evidence that
a) libraries still matter; b) they make a significant difference in the quality of
academic life; c) and they play a significant role in supporting the colleges and
universities missions.
04/18/12 AMICAL_2012 3
4. What’s Happening?
• From the 1980 onwards, there was a growing interest in library economics, namely
ROI.
• Several researches and studies have been carried out to this effect. To name few:
4. In 2003, Roger Strouse of Outsell Inc., developed a model to value corporate
libraries based on calculating income generated with the use of library resources.
2. In 2006, Elsevier began discussing the idea of finding a formula that would show a
return on a university’s investment in its library. The University Library at the
University of Illinois (Urbana-Champaign) volunteered to undertake this case study
which was launched in 2007.
Focus: One component, i.e., using grant income generated by faculty using
library materials.
Value: 95% of the grants at the university were generated from tenures.
04/18/12 AMICAL_2012 4
5. More…
3. In 2007, two reports were published focusing on the social and economic benefits
of public libraries in the US, Sweden and Norway.
Titles: “Worth their weight: An assessment of the evolving field of library
valuation” & “Making cities stronger: Public library contributions to local
economic development”.
Findings: Consistent in the ROI figures = 4:1.
4. In 2009, a 3 year study “Lib-Value” was launched.
Funded: Institute of Museum and Library Services.
Project members: University of Tennessee, University of Illinois (Urbana-
Champaign), Syracuse University, and ARL.
Focus (expanded): Value of library collections, services, research, teaching
and learning, and social and professional areas.
Findings: Still in process.
04/18/12 AMICAL_2012 5
6. And More…
5. In 2010, ACRL published an important report “The value of academic libraries: A
comprehensive research review and report”.
Focus: Library value to external audiences rather than measuring internal
library procedures.
Findings: Set of recommendations.
6. Cornell University Library: Library value calculations website which includes
calculated dollar values for some core library transactions.
7. In 2010, the University of Oregon Libraries published their annual report FY 2009-
2010 in which a very simple ROI method was implemented.
Focus: Library end-user services.
Findings: 2.8:1
04/18/12 AMICAL_2012 6
7. LAU Libraries Exercise
ROI rate for the period Oct. 1, 2009 – Sept. 30, 2010
04/18/12 AMICAL_2012 7
8. Applied Formulas
• Book and Audio/Visual Checkouts Formula:
Nb of purchased items: 14,423
Total cost + Custom clearance = $1,583,826 + 3410.60 = $1,587,236.00
Average cost/item = 1587236.6/14423 = $110/item
Depreciation cost/item = 50% = $55/item
• Reference Service Formula:
Sum of salaries of 3 staff + 30% (comp. + benefits)/Nb of transactions per year =
$11.18
• Equipment Borrowed Formula:
5% of staff salary + 30% (comp. + benefits) + Total cost of equipment/3 years
(recycling) = Sum/310 days = $33 (Rate/day)
04/18/12 AMICAL_2012 8
9. Conclusion
• This field of library valuation is still fairly young, yet it is expanding.
• Studies differ in methods, aim, and scope.
• Problems:
Lack of consistency in methodologies
Cumbersome
Difficult to replicate
Value does not actually respond to the legitimate questions raised by our
administrators and funders.
• Comments and recommendations: While new quantitative measures of success are
needed, some say that Libraries are spending a lot of efforts to quantify impact in
the face of budget challenges. Instead these efforts must be shifted to taking new
roles and responsibilities in order to satisfy the needs of users (very sophisticated
and tech-savvy) as well as to facing the challenges of the digital information world.
04/18/12 AMICAL_2012 9
11. References
• Aabo, S. (2009). Libraries and return on investment (ROI): A meta-analysis. New Library World, 110(7/8), 311-324. Retrieved
February 22, 2011, from
http://www.emeraldinsight.com/journals.htm?issn=0307- 4803&volume=110&issue=7&articleid=1805424&show=html
• Green, D. (2010). ARL partners in grant to study value of academic libraries. Association for Research Libraries. Retrieved
February 22, 2011, from http://www.arl.org/news/pr/ROI-grant-12jan10.shtml
• Howard, J. (2011, April 1). College librarians look at better ways to measure the value of their services. The Chronicle of
Higher Education. Retrieved February 22, 2011, from http://chronicle.com/article/College-Librarians-Look-at/126975/
• Kaufman, P. (2008). The library as strategic investment: Results of the Illinois return on investment study. Liber Quarterly,
18(3/4), 425-436. Retrieved February 22, 2011, from http://liber.library.uu.nl/
• Kumar, H. A. (2011). “Return on investment (ROI) from libraries”. 8th International CALIBER, Goa, March 02-04, 2011,
Retrieved February 22, 2011, from
http://shodhganga.inflibnet.ac.in/dxml/bitstream/handle/1944/1641/49.pdf?sequence=1
• Mays, R., & Baker, G. (2011). ROI: Return on Investment. Future Ready 365. Retrieved February 22, 2011, from
http://futureready365.sla.org/04/29/roi-return-on-investment/
• Neal, J. G. (2011). “Stop the madness: The insanity of ROI and the need for new qualitative measures of academic library
success”. Proceeding from the Association of College and Research Libraries conference, Philadelphia, PA. March 30–April
2, 2011. Retrieved February 22, 2012, from
https://www.ala.org/ala/mgrps/divs/acrl/conferences/confsandpreconfs/national/2011/papers/stop_the_madness.pdf
• Tenopir, C., Mays, R., & Kaufman, P. (2010, August). Lib-value: Measuring value and return on investment of academic
libraries. Research Library Issues: A Bimonthly Report from ARL, CNI, and SPARC, 271, 36-40. Retrieved February 22,
2011, from http://publications.arl.org/rli271/38.
• Tenopir, C. (2009). “Measuring the value and return on investment of academic libraries”. Paper presented at the
International Conference on Academic Libraries (ICAL), Delhi, India, October 5–8, 2009. Retrieved February 22, 2011, from
http://crl.du.ac.in/ical09/papers/index_files/ical-2_158_377_1_RV.pdf
04/18/12 AMICAL_2012 11