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Using Return on Investment in Collection Development

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Return on investment (ROI) is a ratio used to evaluate the efficiency of an investment or to compare the efficiency of a number of different investments. The document discusses how ROI can be used in library collection development to justify budget allocations, evaluate the success of previous acquisitions, and demonstrate the value and impact of the collection. Some challenges to using ROI include a lack of consensus on measurement values and difficulties assessing intangible values. The document also reviews previous research on applying ROI in libraries and factors that influence its use.

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Using Return on Investment in Collection Development Larry Nash White, Ph.D. NELINET Webinar April 15, 2009
Today’s Agenda ,[object Object],[object Object],[object Object],[object Object]
ROI Defined ,[object Object],[object Object],[object Object]
ROI Development in Libraries ,[object Object],[object Object],[object Object]
Previous Research on using ROI in Collection Development ,[object Object],[object Object]
Previous Research on using ROI in Collection Development ,[object Object],[object Object]
Factors influencing use of ROI in library quality assessment today ,[object Object],[object Object],[object Object]
Factors influencing use of ROI in library quality assessment today ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors influencing use of ROI in library quality assessment today ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Factors influencing use of ROI in library quality assessment today ,[object Object],[object Object],[object Object]
Factors influencing use of ROI in library quality assessment today ,[object Object],[object Object],[object Object],[object Object],[object Object]
Potential Benefits of Using ROI ,[object Object],[object Object]
Potential Benefits of Using ROI ,[object Object],[object Object],[object Object]
Potential Challenges of Using ROI ,[object Object],[object Object]
Potential Challenges of Using ROI ,[object Object],[object Object]
How can we apply ROI to collection development? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How can we apply ROI to collection development? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How can we apply ROI to collection development? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How can we apply ROI to collection development? ,[object Object],[object Object],[object Object],[object Object],[object Object]
How can we apply ROI to collection development? ,[object Object],[object Object],[object Object],[object Object],[object Object]
What ROI applications to collection development can you think of?
Other ideas / Questions ,[object Object],[object Object]

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Using Return on Investment in Collection Development

  • 1. Using Return on Investment in Collection Development Larry Nash White, Ph.D. NELINET Webinar April 15, 2009
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  • 21. What ROI applications to collection development can you think of?
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