Financial management in library environment
Academic libraries in the United States have operated on inadequate budgets especially for the last ten years. Acquisition and maintenance of new technology, storage of electronic information, high cost of library materials and facilities has caused a strain on library financial management. Financial management models vary from one library to another depending on the nature of the institution (Rader, 2000). It could be public or private. The libraries are also operated under different budgetary regulations. Libraries are characterised with a wide range of costs to cater for. The currency of library materials keeps changing with time. For instance research studies recommend that source materials should be dated within the past few years. This consequently means that the libraries have to be restocked regularly with the most current materials ranging from electronic sources to shelve books.
Research shows that libraries in the US have not realised growth in the past three decades due to the impact of the inflation cost that has been associated with library materials. The libraries’ financial managers have been forced to cut on the budget by cutting on the operating expenses. The basic library budget covers material costs and personnel expenses only. A small proportion of the budget is allocated to maintenance of the building structures, library equipment and technology. In order to stay at par with the currency of the library materials, their financial managers resort to fundraising. Many libraries in the United States have fundraised to support library operations. Many University libraries have a development program through which fundraising can be made. Universities that provide doctorate grants are more likely to resort to fundraising for their libraries. However, even the smaller institutions that do not provide doctorates programs and grants are quickly pursuing fundraising opportunities (Rader, 2000).
Accounting for Librarians- Evidence Based Practice
The article,”Evidence based library and information practice”, states that it is not necessary to review evidence-based practice when one is writing for the Evidence based library and information practice. Some researchers insist that it is obvious for librarians who deal with medical information to use the paradigm of evidence based practice in their profession (Brophy, 2007). I agree with this argument because the medical sector is one of the most dynamic fields .This means that the professionals in that field have to keep up dated with the trending factors .Medical professionals have to be guided by evidence-based practice in their decision making for diagnosis and treatment (Holt, 2002). Evidence-based librarianship aims at enhancing library practice (Brophy, 2007). This is made possible when librarians use the best evidence available at their disposal together with the pragmatic perspective that is acquired from librarianship experience. Evidence-based librarianship allows librarians to use the most rigorous forms of evidence in decision making. The strength of the article is revealed in its acknowledgement of the importance of using more rigorous evidence. However, the article emphasizes on medical evidence .Don’t other fields need to be associated with complete and rigorous evidence?
Marketing & Strategic Engagement with End Users
In the world of information, end users have to know about the most current information. They also need to be aware of the procedures that are appropriate for handling new information as it comes in. Librarians are required to handle advanced information technology, altered organisation cultures and staying updated with virtual counterparts. They have to devise new ways of attending to end users. Librarians need to be aware of the cultural similarities and disparities in the clients (Reeves & Tillmanns, 2012). This ensures that they learn new knowledge, skills and techniques on a regular basis. Currently, the knowledge and skills that people acquire are bound to change with time. Knowledge that is acquired today may be replaced with another the next minute or tomorrow. Acquisition of information entails a continuous cycle in which end users change from a position of uncertainty to certainty (Watson-Boone, 2000). Information professionals have to continue learning in order to keep up with newer trends. This is true for Librarianship because the librarians are required to provide access to accurate meaning of information to the end users.
New librarians have to practice the theories they learn and apply the acquired skills and knowledge in order to establish their trustworthiness to the end users of the information they deliver. With time, they are able to transform their experiences into knowledge, attitudes skills, values, beliefs and attitudes. The professionals in the information field are able to add empirical knowledge to practice hence they are able to market themselves to end users and engage with them (Watson-Boone, 2000).
Brophy, P. (2007). Narrative based practice. Evidence based library and information practice, 2(1), 149-158.
Eldredge, J. (2006). Evidence-based librarianship: the EBL process. Library hi tech, 24(3), 341-354.
Holt, G. (2002). God–and the devil–are in the details. The Bottom Line, 15(4).
Rader, H. B. (2000). Fundraising in academic libraries: the United States experience. The Bottom Line, 13(2), 93-99.
Reeves, M., Love, C., & Tillmanns, P. (2012). Your strategy needs a strategy. Harvard Business Review, 90(9), 76-83.
Watson-Boone, R. (2000). Academic librarians as practitioner-researchers. The Journal of academic librarianship, 26(2), 85-93.