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Employing the Balanced Scorecard in Academic Libraries  Presenter:  John Potter, Librarian ITT Technical Institute/Grand Rapids, MI
What is the Balanced Scorecard? ,[object Object],[object Object],[object Object],[object Object]
What is the Balanced Scorecard? ,[object Object],[object Object],[object Object],[object Object]
Strategic Perspectives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
How conceived:
What is a Strategy Map? ,[object Object],[object Object],[object Object],[object Object]
At the 2008 MLA Conference Poster Session (strategy map in background)
Why a Strategy Map? ,[object Object],[object Object],[object Object],[object Object],[object Object]
Financial  Perspective Provide services w/high ratio of value-cost   *ILL transaction unit cost Sufficient investment to remain top-ranked library *ARL index rating Increase financial base through donations, external support, & institutional support *Library expenses as a proportion of university expenses Customer  Perspective Educate users in Information Literacy *Student Satisfaction with Info Literacy Provide Excellent service to library users * Overall student faculty rating with Library Service Develop high quality collection that supports institution’s mission *CirculationRate Internal Process Perspective Identify and Improve with processes greatest  impact *Processing time for routine acquisitions Operate in the most innovative, effective way possible *regular usability testing of library websites Provide facilities that promote staff productivity, encourage library use *Response to equipment service requests Learning &  Growth Foster learning among library employees to encourage innovation * impact of staff dvlpt Recruit, develop, and retain productive, highly qualified staff *retention rate *job satisfaction   Develop an innovative & effective infrastructure to support library services & various initiatives **Funding generated by R&D
Library expenditures: ,[object Object],[object Object],[object Object],[object Object],[object Object]
Library Expenditures: ,[object Object],[object Object],[object Object],[object Object]
What does this mean? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]
Are any academic libraries using the Balanced Scorecard? ,[object Object],[object Object]

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Employing the Balanced Scorecard in Academic Libraries

  • 1. Employing the Balanced Scorecard in Academic Libraries Presenter: John Potter, Librarian ITT Technical Institute/Grand Rapids, MI
  • 2.
  • 3.
  • 4.
  • 6.
  • 7. At the 2008 MLA Conference Poster Session (strategy map in background)
  • 8.
  • 9. Financial Perspective Provide services w/high ratio of value-cost *ILL transaction unit cost Sufficient investment to remain top-ranked library *ARL index rating Increase financial base through donations, external support, & institutional support *Library expenses as a proportion of university expenses Customer Perspective Educate users in Information Literacy *Student Satisfaction with Info Literacy Provide Excellent service to library users * Overall student faculty rating with Library Service Develop high quality collection that supports institution’s mission *CirculationRate Internal Process Perspective Identify and Improve with processes greatest impact *Processing time for routine acquisitions Operate in the most innovative, effective way possible *regular usability testing of library websites Provide facilities that promote staff productivity, encourage library use *Response to equipment service requests Learning & Growth Foster learning among library employees to encourage innovation * impact of staff dvlpt Recruit, develop, and retain productive, highly qualified staff *retention rate *job satisfaction Develop an innovative & effective infrastructure to support library services & various initiatives **Funding generated by R&D
  • 10.
  • 11.
  • 12.
  • 13.