For immediate release:
December 21, 2010

For more information, contact:
David Green
Association of Research Libraries
202-296-2296
david@arl.org

Measuring Library Value and Return on Investment (ROI) (Lib-Value) Videos Now Available

Washington DC—The Association of Research Libraries (ARL) has released video recordings of the Lib-Value Workshop at the Gelman Library of George Washington University on June 26, 2010. The workshop was hosted to bring awareness of the current state of the art on methods related to Measuring Library Value and Return on Investment (ROI) in academic libraries. Interested parties were engaged with a review of methodologies developed and applied to date and informed of the expanding understanding of how we can measure, describe and articulate the value of libraries in today’s competitive environment. Key members of the grant spoke at the workshop:

• Lib-Value as Collaborative Assessment by Martha Kyrillidou, Senior Director, ARL Statistics and Service Quality Programs, Association of Research Libraries http://www.youtube.com/watch?v=lEycaMqLlQg
• Lib-Value: Value, Outcomes, and Return on Investment of Academic Libraries by Regina Mays, Program Manager of the Lib-Value grant, University of Tennessee http://www.youtube.com/watch?v=obdsiQwM5pw
• The Library as Strategic Investment by Paula Kaufman, Dean of Libraries and University Librarian at the University of Illinois at Urbana-Champaign http://www.youtube.com/watch?v=GyhCLA1Ab9U
• Measuring Value: 30-years of Experience with Valuation Studies by Donald W. King, University of Tennessee and Bryant University http://www.youtube.com/watch?v=Xz6SKkCpzF8
• The Economics of Libraries, Cost-Benefit Analysis, and Return on Investment by Bruce Kingma, Associate Provost for Entrepreneurship and Innovation at Syracuse University http://www.youtube.com/watch?v=iQW_lnUXdMY
• A panel discussion of issues, challenges and opportunities including Paula Kaufman, Don King, Bruce Kingma and Regina Mays, facilitated by Martha Kyrillidou http://www.youtube.com/watch?v=P19S0zpbEEo

The PowerPoint presentations from this event, as well as additional information on the presenters, are available at: http://www.arl.org/stats/statsevents/return-on-investment-roi-lib-value-workshop.shtml.

Lib-Value is a three-year study, funded by a grant from IMLS, with the ultimate goal of understanding how to measure value and return on investment (ROI) in all aspects of academic libraries. The workshop was a collaborative effort of ARL with the University of Tennessee, University of Illinois at Urbana-Champaign, and George Washington University. For more information on the Lib-Value grant, please visit the project’s website: http://libvalue.cci.utk.edu/.

The Association of Research Libraries (ARL) is a nonprofit organization of 126 research libraries in North America. Its mission is to influence the changing environment of scholarly communication and the public policies that affect research libraries and the diverse communities they serve. ARL pursues this mission by advancing the goals of its member research libraries, providing leadership in public and information policy to the scholarly and higher education communities, fostering the exchange of ideas and expertise, facilitating the emergence of new roles for research libraries, and shaping a future environment that leverages its interests with those of allied organizations. ARL is on the web at http://www.arl.org/.