SlideShare une entreprise Scribd logo
1  sur  12
Who Do We Trust?
A Vendor Perspective
Charleston Conference
November 4th, 2010
http://muse.jhu.edu
Dean Smith
Director, Project MUSE
http://muse.jhu.edu
“Trust is the expectation that arises within a community
of regular, honest, and cooperative behavior, based on
commonly shared norms, on the part of other
members of that community.” --Francis Fukuyama,
Trust and the Creation of Prosperity
The evolving trust dynamic between publishers, vendors, a
libraries…
http://muse.jhu.edu
Packaging Characteristics Relationship Dynamics
Print-only Strength of print brand*
Publisher reputation for quality*
Circulation
Faculty recommendations*
Price lists & catalogs
Delivery of bound physical object
Reliance on a third party
Competency
Predictable frequency
Authenticity/integrity
Print/Digital Access (ownership vs. lease)
Pricing policies
Licensing/authorized users
Archiving/Preservation
Discoverability & usage
Depth and breadth
Budgets
24/7 communication (1-to-1)
Transparency
Flexibility
Availability
Responsiveness
Learning together
Digital Customization
Disaggregation (chapters, articles, snippets)
Commentariat (blogs, tweets)
Personal brand
Crowd-sourced
Collaboration
Willingness to experiment
Facilitation
Continuing the dialogue
Questions?
http://muse.jhu.edu
What happens to
“Sports Guy” is the
“community authority”
with 90,735 posts since
2003
Who is Sports Guy?
Project MUSE Balances the Interests of Publishers
and Libraries
Started as a conversation between a publisher and a
librarian
A leading content community in the humanities and social
sciences – 460 journals, 118 publishers, 2000+ libraries
Over $70 million to publishers and more than $80 million in
savings to libraries since 2000
http://muse.jhu.edu
From the session abstract…
“The currency of both the scholarly publishing
industry and academic librarianship is trust.”
http://muse.jhu.edu
Reliability and responsiveness were the most
important factors in building and maintaining
trust for librarians and publishers
http://muse.jhu.edu
Which characteristic is MOST IMPORTANT for
building and maintaining trust? (Please choose only
one.)
Transparency
Authenticity
Competency
Consistency
Responsiveness
Reliability
Which characteristic is MOST IMPORTANT for
building and maintaining trust? (Please choose only
one.)
Transparency
Authenticity
Competency
Consistency
Responsiveness
Reliability
MUSE Publishers
n=25
MUSE Libraries
n=115
MUSE Publishers surveyed value trust over financial
arrangements, contract terms, and technical
capabilities
http://muse.jhu.edu
Trust: 70%
Contract Terms: 30%
Trust: 52%
Technical Capabilities: 48%
Which of these is more important?
Preferential
contract terms
Trusting the
vendor
And which of these is more important?
Vendor
technical
capabilities
Trusting the
vendor
When deciding with which vendor(s)
you will partner, which is more
important?
Favorable
financial
arrangements
Trusting the
vendor
Trust: 70%
Financial: 30%
Comments from Publishers…
http://muse.jhu.edu
“Many things are handled through email and ftp sites so trusting in
your vendor is very crucial.”
“We view vendors as innocent until proven guilty. In other
words, we give them the benefit of the doubt until they act in
such a way that erodes our trust.”
“No long term relationship will work without trust.”
MUSE libraries surveyed value favorable financial
arrangements, contract terms, and technical
capabilities over trust
http://muse.jhu.edu
And which of these is more important?
Vendor
technical
capabilities
Trusting the
vendor
Which of these is more important?
Preferential
contract terms
Trusting the
vendor
Contract Terms: 56%
Trust: 44%
Technical Capabilities: 59%
Trust: 41%
When deciding with which vendor(s)
you will do business, which is more
important?
Favorable
financial
arrangements
Trusting the
vendor
Financial: 58%
Trust: 42%
Comments from Librarians…
http://muse.jhu.edu
“The contract "trumps" trust in that it is written (at my institution)
with consequences should some parts of it not be fulfilled.”
“Trust is built on a number of factors: competency,
reliability, reputation; to me it's the outcome of a well run
business.”
“Trust is built over time. An initial relationship with a new vendor is
not really based on trust - you do some due diligence but it is partly
based on contract and partly leap of faith.”
Questions for Discussion?
http://muse.jhu.edu
1. What is happening to trust in a down economy between
publishers/vendors and libraries?
2. Related to shrinking budgets, does delivering high-quality content
to end-users matter as much anymore? Is “good enough” okay?
3. How do we establish and maintain trust given the web’s
many disguises?

Contenu connexe

Similaire à Who Do We Trust? A Vendor Perspective by Dean Smith, Project MUSE

Ed Tech Efficacy Symposium Working Group on Higher Education Results
Ed Tech Efficacy Symposium Working Group on Higher Education ResultsEd Tech Efficacy Symposium Working Group on Higher Education Results
Ed Tech Efficacy Symposium Working Group on Higher Education ResultsDr. Kristin Palmer
 
Physicians & Social Media
Physicians & Social MediaPhysicians & Social Media
Physicians & Social MediaLaurie Gelb
 
2010 – The Year Of Social Business UC Expo Unified Communications
2010 – The Year Of Social Business UC Expo Unified Communications2010 – The Year Of Social Business UC Expo Unified Communications
2010 – The Year Of Social Business UC Expo Unified CommunicationsJulian Bradder
 
The future of scholarly publishing under digital transformation data, ai an...
The future of scholarly publishing under digital transformation   data, ai an...The future of scholarly publishing under digital transformation   data, ai an...
The future of scholarly publishing under digital transformation data, ai an...Xiaofeng Chen
 
ComRes stakeholder consultation
ComRes stakeholder consultationComRes stakeholder consultation
ComRes stakeholder consultationCharityComms
 
NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6
NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6
NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6Jacqueline Quek
 
A key contribution for leveraging trustful interactions
A key contribution for leveraging trustful interactionsA key contribution for leveraging trustful interactions
A key contribution for leveraging trustful interactionsSónia
 
20 06-2014
20 06-201420 06-2014
20 06-2014Sónia
 
Analysis to Engagement: Demystifying the Digital Communications Landscape
Analysis to Engagement: Demystifying the Digital Communications LandscapeAnalysis to Engagement: Demystifying the Digital Communications Landscape
Analysis to Engagement: Demystifying the Digital Communications LandscapeGina Luttrell, PhD
 
OLC 2017 Session: EdTech Efficacy Research Summary
OLC 2017 Session: EdTech Efficacy Research SummaryOLC 2017 Session: EdTech Efficacy Research Summary
OLC 2017 Session: EdTech Efficacy Research SummaryDr. Kristin Palmer
 
The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014
The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014
The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014Rory Curran
 
Transforming Your Company with Open Source
Transforming Your Company with Open SourceTransforming Your Company with Open Source
Transforming Your Company with Open SourceKartik Subbarao
 
Psycology of Digital Trust
Psycology of Digital TrustPsycology of Digital Trust
Psycology of Digital TrustBahaa Al Zubaidi
 
Article 05 trust in websites
Article 05   trust in websitesArticle 05   trust in websites
Article 05 trust in websitesЮниВеб
 
Telerx Social Media Presentation (Ext) Nov 09
Telerx Social Media Presentation (Ext) Nov 09Telerx Social Media Presentation (Ext) Nov 09
Telerx Social Media Presentation (Ext) Nov 09mle1953
 
Libraries and licenses: Best practices, pitfalls and trends
Libraries and licenses: Best practices, pitfalls and trendsLibraries and licenses: Best practices, pitfalls and trends
Libraries and licenses: Best practices, pitfalls and trendsCorey Halaychik
 
Creating the Future of Financial Services
Creating the Future of Financial ServicesCreating the Future of Financial Services
Creating the Future of Financial ServicesRoss Dawson
 

Similaire à Who Do We Trust? A Vendor Perspective by Dean Smith, Project MUSE (20)

Ed Tech Efficacy Symposium Working Group on Higher Education Results
Ed Tech Efficacy Symposium Working Group on Higher Education ResultsEd Tech Efficacy Symposium Working Group on Higher Education Results
Ed Tech Efficacy Symposium Working Group on Higher Education Results
 
Physicians & Social Media
Physicians & Social MediaPhysicians & Social Media
Physicians & Social Media
 
2010 – The Year Of Social Business UC Expo Unified Communications
2010 – The Year Of Social Business UC Expo Unified Communications2010 – The Year Of Social Business UC Expo Unified Communications
2010 – The Year Of Social Business UC Expo Unified Communications
 
The future of scholarly publishing under digital transformation data, ai an...
The future of scholarly publishing under digital transformation   data, ai an...The future of scholarly publishing under digital transformation   data, ai an...
The future of scholarly publishing under digital transformation data, ai an...
 
ComRes stakeholder consultation
ComRes stakeholder consultationComRes stakeholder consultation
ComRes stakeholder consultation
 
NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6
NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6
NMIT-SUPPLY-CHAIN-MANAGEMENT-Lesson6
 
A key contribution for leveraging trustful interactions
A key contribution for leveraging trustful interactionsA key contribution for leveraging trustful interactions
A key contribution for leveraging trustful interactions
 
20 06-2014
20 06-201420 06-2014
20 06-2014
 
SF_A_Part3R7_LP_CDI
SF_A_Part3R7_LP_CDISF_A_Part3R7_LP_CDI
SF_A_Part3R7_LP_CDI
 
Analysis to Engagement: Demystifying the Digital Communications Landscape
Analysis to Engagement: Demystifying the Digital Communications LandscapeAnalysis to Engagement: Demystifying the Digital Communications Landscape
Analysis to Engagement: Demystifying the Digital Communications Landscape
 
OLC 2017 Session: EdTech Efficacy Research Summary
OLC 2017 Session: EdTech Efficacy Research SummaryOLC 2017 Session: EdTech Efficacy Research Summary
OLC 2017 Session: EdTech Efficacy Research Summary
 
Luther "Shared Electronic Resource Sharing (SERU)"
Luther "Shared Electronic Resource Sharing (SERU)"Luther "Shared Electronic Resource Sharing (SERU)"
Luther "Shared Electronic Resource Sharing (SERU)"
 
The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014
The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014
The-Forrester-Wave_Enterprise-Listening-Platforms_Q1-2014
 
Transforming Your Company with Open Source
Transforming Your Company with Open SourceTransforming Your Company with Open Source
Transforming Your Company with Open Source
 
Psycology of Digital Trust
Psycology of Digital TrustPsycology of Digital Trust
Psycology of Digital Trust
 
Article 05 trust in websites
Article 05   trust in websitesArticle 05   trust in websites
Article 05 trust in websites
 
Telerx Social Media Presentation (Ext) Nov 09
Telerx Social Media Presentation (Ext) Nov 09Telerx Social Media Presentation (Ext) Nov 09
Telerx Social Media Presentation (Ext) Nov 09
 
Libraries and licenses: Best practices, pitfalls and trends
Libraries and licenses: Best practices, pitfalls and trendsLibraries and licenses: Best practices, pitfalls and trends
Libraries and licenses: Best practices, pitfalls and trends
 
Creating the Future of Financial Services
Creating the Future of Financial ServicesCreating the Future of Financial Services
Creating the Future of Financial Services
 
ALA NISO-BISG Forum - Patron Privacy
ALA NISO-BISG Forum - Patron PrivacyALA NISO-BISG Forum - Patron Privacy
ALA NISO-BISG Forum - Patron Privacy
 

Dernier

1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdfQucHHunhnh
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseAnaAcapella
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxAmita Gupta
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxVishalSingh1417
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.MaryamAhmad92
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxnegromaestrong
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfNirmal Dwivedi
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...pradhanghanshyam7136
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...christianmathematics
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptxMaritesTamaniVerdade
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSCeline George
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17Celine George
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhikauryashika82
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsMebane Rash
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introductionMaksud Ahmed
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingTechSoup
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17Celine George
 

Dernier (20)

1029 - Danh muc Sach Giao Khoa 10 . pdf
1029 -  Danh muc Sach Giao Khoa 10 . pdf1029 -  Danh muc Sach Giao Khoa 10 . pdf
1029 - Danh muc Sach Giao Khoa 10 . pdf
 
Spellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please PractiseSpellings Wk 3 English CAPS CARES Please Practise
Spellings Wk 3 English CAPS CARES Please Practise
 
Third Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptxThird Battle of Panipat detailed notes.pptx
Third Battle of Panipat detailed notes.pptx
 
Spatium Project Simulation student brief
Spatium Project Simulation student briefSpatium Project Simulation student brief
Spatium Project Simulation student brief
 
Unit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptxUnit-IV; Professional Sales Representative (PSR).pptx
Unit-IV; Professional Sales Representative (PSR).pptx
 
ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.ICT role in 21st century education and it's challenges.
ICT role in 21st century education and it's challenges.
 
Seal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptxSeal of Good Local Governance (SGLG) 2024Final.pptx
Seal of Good Local Governance (SGLG) 2024Final.pptx
 
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdfUGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
UGC NET Paper 1 Mathematical Reasoning & Aptitude.pdf
 
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...Kodo Millet  PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
Kodo Millet PPT made by Ghanshyam bairwa college of Agriculture kumher bhara...
 
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
Explore beautiful and ugly buildings. Mathematics helps us create beautiful d...
 
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
2024-NATIONAL-LEARNING-CAMP-AND-OTHER.pptx
 
How to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POSHow to Manage Global Discount in Odoo 17 POS
How to Manage Global Discount in Odoo 17 POS
 
How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17How to Create and Manage Wizard in Odoo 17
How to Create and Manage Wizard in Odoo 17
 
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in DelhiRussian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
Russian Escort Service in Delhi 11k Hotel Foreigner Russian Call Girls in Delhi
 
Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024Mehran University Newsletter Vol-X, Issue-I, 2024
Mehran University Newsletter Vol-X, Issue-I, 2024
 
On National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan FellowsOn National Teacher Day, meet the 2024-25 Kenan Fellows
On National Teacher Day, meet the 2024-25 Kenan Fellows
 
microwave assisted reaction. General introduction
microwave assisted reaction. General introductionmicrowave assisted reaction. General introduction
microwave assisted reaction. General introduction
 
Grant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy ConsultingGrant Readiness 101 TechSoup and Remy Consulting
Grant Readiness 101 TechSoup and Remy Consulting
 
Asian American Pacific Islander Month DDSD 2024.pptx
Asian American Pacific Islander Month DDSD 2024.pptxAsian American Pacific Islander Month DDSD 2024.pptx
Asian American Pacific Islander Month DDSD 2024.pptx
 
How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17How to Give a Domain for a Field in Odoo 17
How to Give a Domain for a Field in Odoo 17
 

Who Do We Trust? A Vendor Perspective by Dean Smith, Project MUSE

  • 1. Who Do We Trust? A Vendor Perspective Charleston Conference November 4th, 2010 http://muse.jhu.edu Dean Smith Director, Project MUSE
  • 2. http://muse.jhu.edu “Trust is the expectation that arises within a community of regular, honest, and cooperative behavior, based on commonly shared norms, on the part of other members of that community.” --Francis Fukuyama, Trust and the Creation of Prosperity
  • 3. The evolving trust dynamic between publishers, vendors, a libraries… http://muse.jhu.edu Packaging Characteristics Relationship Dynamics Print-only Strength of print brand* Publisher reputation for quality* Circulation Faculty recommendations* Price lists & catalogs Delivery of bound physical object Reliance on a third party Competency Predictable frequency Authenticity/integrity Print/Digital Access (ownership vs. lease) Pricing policies Licensing/authorized users Archiving/Preservation Discoverability & usage Depth and breadth Budgets 24/7 communication (1-to-1) Transparency Flexibility Availability Responsiveness Learning together Digital Customization Disaggregation (chapters, articles, snippets) Commentariat (blogs, tweets) Personal brand Crowd-sourced Collaboration Willingness to experiment Facilitation Continuing the dialogue
  • 4. Questions? http://muse.jhu.edu What happens to “Sports Guy” is the “community authority” with 90,735 posts since 2003 Who is Sports Guy?
  • 5. Project MUSE Balances the Interests of Publishers and Libraries Started as a conversation between a publisher and a librarian A leading content community in the humanities and social sciences – 460 journals, 118 publishers, 2000+ libraries Over $70 million to publishers and more than $80 million in savings to libraries since 2000 http://muse.jhu.edu
  • 6. From the session abstract… “The currency of both the scholarly publishing industry and academic librarianship is trust.” http://muse.jhu.edu
  • 7. Reliability and responsiveness were the most important factors in building and maintaining trust for librarians and publishers http://muse.jhu.edu Which characteristic is MOST IMPORTANT for building and maintaining trust? (Please choose only one.) Transparency Authenticity Competency Consistency Responsiveness Reliability Which characteristic is MOST IMPORTANT for building and maintaining trust? (Please choose only one.) Transparency Authenticity Competency Consistency Responsiveness Reliability MUSE Publishers n=25 MUSE Libraries n=115
  • 8. MUSE Publishers surveyed value trust over financial arrangements, contract terms, and technical capabilities http://muse.jhu.edu Trust: 70% Contract Terms: 30% Trust: 52% Technical Capabilities: 48% Which of these is more important? Preferential contract terms Trusting the vendor And which of these is more important? Vendor technical capabilities Trusting the vendor When deciding with which vendor(s) you will partner, which is more important? Favorable financial arrangements Trusting the vendor Trust: 70% Financial: 30%
  • 9. Comments from Publishers… http://muse.jhu.edu “Many things are handled through email and ftp sites so trusting in your vendor is very crucial.” “We view vendors as innocent until proven guilty. In other words, we give them the benefit of the doubt until they act in such a way that erodes our trust.” “No long term relationship will work without trust.”
  • 10. MUSE libraries surveyed value favorable financial arrangements, contract terms, and technical capabilities over trust http://muse.jhu.edu And which of these is more important? Vendor technical capabilities Trusting the vendor Which of these is more important? Preferential contract terms Trusting the vendor Contract Terms: 56% Trust: 44% Technical Capabilities: 59% Trust: 41% When deciding with which vendor(s) you will do business, which is more important? Favorable financial arrangements Trusting the vendor Financial: 58% Trust: 42%
  • 11. Comments from Librarians… http://muse.jhu.edu “The contract "trumps" trust in that it is written (at my institution) with consequences should some parts of it not be fulfilled.” “Trust is built on a number of factors: competency, reliability, reputation; to me it's the outcome of a well run business.” “Trust is built over time. An initial relationship with a new vendor is not really based on trust - you do some due diligence but it is partly based on contract and partly leap of faith.”
  • 12. Questions for Discussion? http://muse.jhu.edu 1. What is happening to trust in a down economy between publishers/vendors and libraries? 2. Related to shrinking budgets, does delivering high-quality content to end-users matter as much anymore? Is “good enough” okay? 3. How do we establish and maintain trust given the web’s many disguises?