Moving beyond ROI to create impact assessment strategies

The number of information sources and amount of data is growing exponentially, yet academic librarians often must manage this abundance of knowledge with limited resources and stagnant budgets.

In a world with so much available information, it is critical that librarians be able to establish collection assessment programs — and it’s not just about monitoring usage, but being able to demonstrate the actual impact and value of the library.

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In this article, you will learn about:

  • Value on investment (VOI), and why it is better than ROI for collection impact assessment
  • The challenge of assessing not just when, but how and why collections are used
  • Strategies for building effective assessment programs