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Thursday, November 9 • 11:35am - 12:15pm
“Money Doesn’t Grow on Trees”: Using a data-driven review process to add new resources with no budget increases

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At Drake University's Cowles Library, increasing budgetary pressures, combined with improvements in gathering and analyzing usage data, compelled us in 2014 to reassess our collection development philosophy and approach. Our new philosophy--that the value of a resource is directly related to its usage--necessitated a more systematic, analytical process. We have developed an annual review process that uses data-driven decision making for canceling and acquiring electronic resource subscriptions.

We will present each step of this process, including:

• reviewing cost per use data,
• generating candidate deselection lists (“watchlists”),
• soliciting faculty feedback via a Library liaison process,
• communicating and marketing,
• canceling low-use items, and
• identifying and acquiring new resources on a yearly cycle.

With a more intentional, organized process we were able to save $175,169 over a three-year period. Combined with reallocated book acquisition funds, these savings allowed us to cover inflation costs and acquire new electronic resources requested by faculty for unmet curricular needs.

We plan to give participants the opportunity to discuss how they approach data-driven decision making, whether they have a process in place, how that information is shared, and who is involved in the decision-making process

avatar for Teri Koch

Teri Koch

Director, Scholarly Collaborations & Communications, Drake University
Teri Koch is a Professor of Librarianship at Drake University. She is also the Collection Development and Scholarly Communications librarian. She oversees the collection, the library liaison program, and she promotes open access and OER initiatives.
avatar for Laura Krossner

Laura Krossner

Electronic Resources & Access Services Librarian, Cowles Library, Drake University
Laura has been the Electronic Resources Manager at Cowles Library Drake University for seven years. Her responsibilities include managing all aspects of electronic resources, chairing the Database Evaluation Group (DEG), and acting as music liaison. Hobbies include spoiling her basset... Read More →
avatar for Priya Shenoy

Priya Shenoy

Graduate Health Professions Librarian, Drake University
Priya Shenoy is an Associate Professor of Librarianship at Drake University.  Her official title is "Graduate Health Professions Librarian" at Cowles Library.  Her academic liaison areas are Pharmacy, Occupational Therapy, and Athletic Training in the College of Pharmacy and Health... Read More →

Thursday November 9, 2017 11:35am - 12:15pm EST
Cooper Room, Courtyard Marriott Hotel 125 Calhoun Street, Charleston, SC 29401