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November 13, 2007
ROI and Public Libraries
I picked this up from the SLA Rocky Mountain Chapter disucssion list (Thanks Nicolle and Ty):
"Whether you're a public library director or a public library user, there is a return on investment (ROI) resource for you. Check out the...
CALCULATORS
Personal ROI Calculator http://www.lrs.org/public/roi/usercalculator.php
This online tool calculates the individual estimated return on investment for the Colorado public library of your choice. Other states have done ROI calculators, but not like this one!
Do you work in a public library? Well, this calculator can be customized for your library's website. See DPL's at:
http://www.denverlibrary.org/news/dplnews/roi_calculator.html (it is also linked from their homepage). Or if you prefer, it can be a direct link from your library's website. Link to the calculator on the LRS website and your library's name can be pre-filled in the drop-down box.
Either way, it can be a fun, yet powerful tool to demonstrate the dollar-and-cents value of your library.
Library ROI Calculator http://www.lrs.org/public/roi/calculator.php
This tool estimates the ROI for your library using a peer-based return on investment calculator.
OTHER RESOURCES
At the CAL Conference last week, Zeth and I did a presentation on the ROI study for public libraries. The PowerPoint presentation and other resources we discussed can be found on the ROI page at:
http://www.lrs.org/public/roi/.
Other resources on the ROI page (http://www.lrs.org/public/roi/) include individual reports for participating libraries, newspaper articles, and links to other studies.
Zeth also recently added a function called "LRS Conversation" so that you can share your comments online about the ROI study or the personal ROI calculator. We look forward to reading what you have to say!"
Worth a look!
Stephen
Posted by stephen at November 13, 2007 11:53 PM