Collection management as risk management

Casserly, Mary F.

doi:10.1080/14649055.2004.10765976

Cited by 2 publications

(2 citation statements)

References 13 publications

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“…Casserly points to an ongoing reality for libraries, namely that "risk and technological changes are inexorably linked, risk and technological changes are inexorably linked, and librarians, as experts, must communicate these risks to lay persons and develop appropriate risk management strategies." 11 Financial pressures and accountability demands are becoming more intense with each passing year.…”

Section: Riskmentioning

confidence: 99%

Risk-taking in Academic Libraries: The Implications of Prospect Theory

Horava

2014

LLM

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Risk is a fundamental characteristic of the landscape of academic libraries, and has typically been seen in the context of strategic planning. However as the pace of technological change increases rapidly each year, and the financial and organizational pressure for demonstrating library value to our community grows apace, it is important to reassess our attitudes to risk. The future of our libraries is at play. Prospect Theory is an influential and ground-breaking model from the field of Economics that helps us to better understand how people make decisions under risk. Applying the basic principles of Prospect Theory to academic libraries can help us reframe our approach to risk assessment and to understand our actions from a different perspective. This paper describes the dynamics of risk in academic libraries and contextualizes these dynamics in relation to this model.

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Section: Riskmentioning

confidence: 99%

Risk-taking in Academic Libraries: The Implications of Prospect Theory

Horava

2014

LLM

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“…• changes in intrinsic management activities include planning, organization, methodology and politic and evaluation of all its activities (Law, 2009;Johnson, 2009;Casserly, 2004);…”

Section: Normal Science Phase Development Of "Collection Management"mentioning

confidence: 99%

The new paradigm of collection management in university libraries: from crisis to revolution

Montano

2014

Collection Building

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Purpose – This paper aims to argue regarding the evolution of the collection management as a gradual process where internal and external factors interact to transform the collection and its management activities. In this progress, cooperation is used as a necessary strategy for assuming its roles and to fit the new goals, mission and context of the library. Libraries are living organisms in continuous change to adapt to the context where they exist and which is the cause of their progress. It is formed by “vital elements” such as the collection – which is its basic element and the nucleus of its activity. Design/methodology/approach – This argumentative paper establishes a logical reasoning of the evolution process of the “collection management”, with the application of Kuhn’s structure of scientific revolutions. Findings – The library collection has had great changes, such as its origin, composition, ownership, volume and diversity, different life cycle from paper to digital formats and evaluation process. These changes have affected the principles and practices of collection management in three key areas: expansion and change of traditional activities in collection management; enlargement and modification of agents involved; and fundamental mission of giving access to all information resources needed by actual or potential remote users. The “cooperation” becomes an essential element and the main engine of great part of the collection management. Originality/value – In this paper, Kuhn’s structure of scientific revolutions theory is used to establish the evolution of the collection management, to become a revolution, with a new paradigm “cooperative collection management”.

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Collection management as risk management

Cited by 2 publications

References 13 publications

Risk-taking in Academic Libraries: The Implications of Prospect Theory

Risk-taking in Academic Libraries: The Implications of Prospect Theory

The new paradigm of collection management in university libraries: from crisis to revolution

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