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Item Collection Management and the Budget Crunch: Are We Adequately Preparing Library Students for Current Practices?(2013-06) Hedlund, Olivia; Copeland, Andrea J.Purpose – The purpose of this paper is to determine whether collection management practices that evolved as a result of recent budgetary constraints are included in the LIS curriculum or not. Design/methodology/approach – Ten collection management trends related to budgetary constraints were identified through a review of the literature. Then, collection management educators at ALISE member institutions were identified and surveyed regarding the inclusion of the aforementioned trends in their curricula. Survey results were analyzed using descriptive statistics and content analysis. Findings – Four trends (collaborative collection development, just-in-time acquisitions, patron-driven-acquisitions, and participation in consortia) were mentioned in nearly all curricula; six others were covered with varying frequency. Professional standards are also found to include limited information on collection management. Additionally, a review of two popular collection development texts revealed that very few of the trends were covered in a budgetary context. Originality/value – This study examines collection management education in a novel way and highlights the disconnect between professional practice, professional standards, and education. The paper also adds the domain of collection development to the discussion of how or why LIS courses are influenced by practice.Item Critical Business Collections: Examining Key Issues Using a Social Justice Lens(The Charleston Library Conference, Purdue University Press, 2017) Howard, Heather A; Macy, Katharine V.; Corey, Seeman; Vaaler, Alyson S.Academic librarians perform a balancing act between the needs of patrons, licensing restrictions, and the missions of our libraries. As part of the work to develop our campus collections, academic business librarians work with both schools and commercial vendors to provide resources that our business students and faculty require. Business publishers charge academic customers pennies on the dollar for access, but are likely to seek protections for their intellectual content by placing usage restrictions that run counter to what librarians would prefer. This can cause difficulties for librarians in serving their unique populations. This also can run counter to the central principles of “Critical Librarianship,” which is based on a foundation of social justice, the belief that everyone deserves equal opportunities and basic economic, political, and social rights. Balancing the needs of the publishers and business school communities with the principles of critical librarianship is a great challenge for everyone who serves these communities. Business librarians from across the United States explore ways in which collections and critical librarianship collide. Topics covered include the effects of database licenses on the intersection of theoretical academic work and practical business activities, challenges faced by public institutions supporting community entrepreneurs, and how the integration of critical pedagogy with information and data literacies can bring awareness to problems within current collections such as access to information, issues in data collection, and information creation. Through discussion, we hope to provide insight to ways in which libraries, as intermediaries between patrons and vendors, can help address these difficult problems.Item Information creates relative bargaining power in vendor negotiations(Emerald Publishing Limited, 2018-06) Macy, Katharine V.Purpose: This paper aims to examine how libraries can create relative bargaining power and presents a methodology for analyzing collections and preparing for negotiations. Design/methodology/approach: A brief literature review of the current state of collection budgets and electronic resource prices is presented prior to proposing a methodology based on business analysis frameworks and techniques. Findings: Electronic resource subscription prices are increasing at a rate significantly higher than inflation, while collection budgets grow slowly, remain stagnant or decrease. Academic libraries have the ability to counteract this trend by creating relative bargaining power through organizational efforts that take advantage of size and concentration (e.g. consortia), vertical integration through practices such as library publishing and open access and through individual efforts using information. This paper proposes metrics and methodologies that librarians can use to analyze their collections, set negotiation priorities and prepare for individual resource negotiations to create relative bargaining power. Practical implications: The proposed methodology enables librarians and buyers of information resources to harness the information available about their electronic resource collections to better position themselves when entering negotiations with vendors. Originality/value: This paper presents metrics, some not commonly used (i.e. average annual price increase/decrease), that aid in understanding price sensitivity. Pareto analysis has been traditionally used to analyze usage, but this paper suggests using it in relation to costs and budgets for setting negotiation priorities.Item Managing the changing climate of business collections(The Charleston Library Conference, Purdue University Press, 2018) Macy, Katharine V.; Howard, Heather A.; Vaaler, Alyson S.Librarians that support business programs are weathering competing priorities in business collection management. When making decisions to cut and add new databases, we must assess the value of a given resource by considering a variety of quantitative metrics such as usage, cost per use, cost per citation, and pricing history. In addition, qualitative criteria are increasingly important when making decisions. These criteria include, but are not limited to, content coverage, accessibility, and whether a resource can be provided in a way that supports the principles of critical librarianship. This Lively Lunch discussion provided three brief presentations, which discussed (1) how value is determined for existing resources using metrics that are useful for holistic collection analysis and individual resource analysis (Macy), (2) critical librarianship and the selection of new business resources (Howard), and (3) managing accessibility requirements with business resources (Vaaler). Following the presentations, the librarians and vendors engaged in conversation in regard to evaluating business resources and making collection decisions.Item Managing the changing climate of business collections(2018-11-08) Macy, Katharine V.; Howard, Heather A; Vaaler, Alyson S.Librarians that support business programs are weathering competing priorities in business collection management driven by requests from faculty and students, increasing resource costs with limited budgets, institutional and state requirements for accessibility, and the desire to support social justice. Librarians are walking a tight rope when managing collections, balancing changing collection budgets with the need to purchase data, databases, and other resources that are often proprietary in order to support the research and learning needs of their patrons. When making decisions to cut and add new databases, we must assess the value of a given resource considering a variety of quantitative metrics such as usage, cost/per use, cost/citation, and pricing history. In addition, qualitative criteria is increasingly important when making decisions. This criteria includes, but is not limited to, content coverage, accessibility, and whether a resource can be provided in a way that supports the principles of critical librarianship. The speakers will provide brief presentations on different aspects of collection management and assessment for business resources. Topics to be covered: • Determining the value of existing resources using metrics for holistic collection analysis and individual resource analysis, • Critical librarianship and the selection of new business resources, • Managing accessibility requirements with business resources. After the brief presentations provided by our speakers, the audience is invited to engage in a conversation about the topics presented as well as share how they are evaluating and making collection decisions. What are top priorities? What are sticking points with resources and/or vendors? This will be an opportunity for librarians and vendors to create a dialogue in regards to challenges and priorities that are being considered when making collection decisions.Item Negotiate like an MBA: How to conduct principled negotiations for library resources(2020-03-11) Macy, Katharine V.; Pike, CaitlinWorkshop Presentation: This workshop is designed to teach a framework for planning and conducting negotiations based on negotiation best practices found in the literature. Participants who are new to negotiating or those with negotiating experience but without formal training will find the content of this workshop useful. It should appeal to multiple audiences, people new to the field of e-resource management as well as experienced practitioners who desire more negotiation training.Item Negotiation Case: ACES Database(2023) Macy, Katharine V.Library resource negotiation case study for practicing negotiation preparation for fictional ACES Database.Item Negotiation Case: Cap & Mikey Press(2023) Macy, Katharine V.Fictional journal negotiation case study to help libraries practice preparing and conducting journal negotiations. It provides the case for both the library and vendor point of view with differing information to help replicate the missing information common that must be uncovered during the negotiation process.Item Negotiations 101: How to Conduct Principled Negotiations for Library Resources(2021-05-04) Macy, Katharine V.; Pike, Caitlin; Ameen, MahasinThis Negotiations 101 workshop is focused on providing a better foundation for librarians tasked with negotiating on behalf of their library. While many librarians are responsible for leading or providing support for negotiations with vendors, quite a few receive little to no formal training for doing so. To address this challenge, this three-hour online training will provide an introduction to negotiating theory followed by an exercise where the participants will be split into two smaller groups to prepare for a negotiation that will then be executed. Following the negotiation, participants will reflect on the results from this exercise together as a group. ACRL and SPARC co-hosted this workshop.Item Preparing for No: Understanding Your BATNA, Priorities, and Values(2021-08-19) Macy, Katharine V.What happens when you hear “no” during a negotiation? How should you consider reacting? This workshop will consist of a moderated discussion between panelists who will share their own experiences with handling no during a negotiation, allowing time for questions and discussion from the audience.