Starships exploring new worlds, libraries offering new dimensions, people searching new challenges….all must be managed comprehensively to reach their goals…….

Accounting,budgeting, research lifecycle and its impact factors, altmetrics ,marketing and strategic engagement.   Although it may seem difficult to tie all these aspects of management in the information field together, they are, in fact quite dependent upon each other.

Cross (2011)states that the use of empirical data to assign weighting in a budget formula which claims objectivity ‘’introduces value judgements and subjectivity’’ which may lead to inequity.   Monica Crump emphasised the importance of managing commitments to journals and other regular charges.  She managed her budget perfectly after significant cuts and now she may need to emulate the council road workers.  In April a large hole was created outside my house in the road, and again in November.   When I asked why they told me if they don’t use the budget they lose it!  Show the impact of budget cuts! (Holt, 2005) states the results of data from UK libraries which concluded that British public libraries would be gone in 20 years unless reformed.  Libraries must keep up with information technology through proper funding.

I had no idea that budgeting would have such interesting and real life connections to things like the world money markets and Brexit.  It was interesting to learn about how connected libraries are to so many facets of life.

In ‘Fundraising in academic libraries’ Rader (2000) is unequivocal in stating that library budgets will have to increase in many formats to encompass the digital world and that librarians who are entrepreneurial will be required in the future.  Evidence based librarianship (Eldredge, 2006)  gives a 5 step structure which utilises the librarians experience in judging the best evidence. To this end many librarians are now practitioner researcher’s (Watson-Boone, 2000) in all but name and use the seven common research steps regularly .

Michelle Dalton spoke about scholarly research and the current importance of research impact.  The researcher must set goals, identify their audience and where they are online.  They must build an online presence and make key contacts.  In conjunction with traditional bibliometrics, altmetrics measures impact through mentions in mainstream media and give real-time indicators almost instantly.

After Jane Burns lecture on Altmetrics I decided to learn as much as I could about social media as it is such a relevant field now. The need for confirmation from social networks or expert resources increases depending on the size of financial investment and reputational risk.

When considering strategic planning  there is no point developing a strategy for the oil market which may fluctuate but won’t change completely if you work for an internet software company.(Reeves, 2015) The style of strategic planning should be varied according to two factors, the degree of predictability in the industry, and the extent of malleability, how much power one player has to change the environment.(Becerra & Reeves, 2015)

The starship had a vision to explore new worlds, to boldly go where no man had gone before, find new forms of life and habitable planets for mankind, it may or may not be an attainable strategic plan but it was one which motivated the crew and gave them direction and the energy to continue the quest.  This is what I learnt from our lecture today. I had misunderstood the difference between strategic and organisational planning.  I prefer to have an attainable goal and plan the steps to get there so I will have to adapt to learn how to analyse the strategic plan or vision of a company or organisation.

Becerra, J., & Reeves, M. (2015). Your strategy needs a strategy. In (Vol. 23, pp. 14). New York: Miami Media, LLC.

Cross, R. L. (2011). Budget allocation formulas: magic or illusion? The Bottom Line, 24(1), 63-67. doi:10.1108/08880451111142114

Eldredge, J. (2006). Evidence-based librarianship: the EBL process. Library Hi Tech, 24(3), 341-354. doi:10.1108/07378830610692118

Holt, G. E. (2005). Getting beyond the pain: understanding and dealing with declining library funding. The Bottom Line, 18(4), 185-190. doi:10.1108/08880450510632271

Rader, H. B. (2000). Fundraising in academic libraries: the United States experience. The Bottom Line, 13(2), 93-99. doi:10.1108/08880450010694052

Watson-Boone, R. (2000). Academic librarians as practitioner-researchers. The Journal of Academic Librarianship, 26(2), 85-93. doi:10.1016/S0099-1333(99)00144-5