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Valuing business information services: Calculating base costs, premia and discounts to demonstrate the benefits they offer
Bibliografi
Author:
James, Sylvia
Topik:
business information service
;
valuation model
;
value base cost
;
discounts
;
premia
Bahasa:
(EN )
Penerbit:
Unika Atma Jaya
Tahun Terbit:
2006
Jenis:
Article - Clipping / artikel surat kabar
Fulltext:
157BIR213.pdf
(81.0KB;
0 download
)
Abstract
Business information managers need to be able to justify and value their business information services to senior management within their organizations, particularly in these times of change and uncertainty. This applies to both the profit making and non-profit sectors. However, library and information services literature has tended to concentrate on only specific aspects of services that demonstrate value, rather than looking at valuing the complete department. They also tend to focus on the value elements of scientific, medical and academic libraries. This article describes a possible model that could be successfully used to value a business information department, which introduces business information service managers to the possibilities and opportunities of using the concepts, theories, rules of thumb and current methods of business valuation to value their information service as a discrete unit. By understanding and using elements from well-known business methods, business information service managers and librarians can relate their services directly to their reporting line and to the in-house financial management on their terms, and express them numerically and financially. This article will provide a summary of this methodology, which has been used successfully by the writer of this paper in many consulting projects over the last few years and in training sessions and seminars.
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