O'Reilly logo

An Evaluation of the Benefits and Value of Libraries by Linnéa Sjögren, Viveca Nyström

Stay ahead with the world's most comprehensive technology and business learning platform.

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, tutorials, and more.

Start Free Trial

No credit card required

4

Financial benefit assessment

Financial value

Libraries are involved in many activities aimed at benefitting stakeholders. It is therefore important to know the relationship between the costs associated with providing an activity and the impact of that activity. In this chapter and the next we will attempt to show how financial analysis can help to answer the question of whether or not we are doing the right things.

The question of whether maintaining or starting certain activities is financially feasible can arise either within one’s own organisation or from outside it. It may also relate to a one-time investment. This chapter provides an example of a financial benefit assessment in a specialised library. The next chapter describes a model ...

With Safari, you learn the way you learn best. Get unlimited access to videos, live online training, learning paths, books, interactive tutorials, and more.

Start Free Trial

No credit card required