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Handbook of Financial Management for Information Professionals
Handbook of Financial Management for Information Professionals Author:Sheila Pantry, Stephen Roberts Worldwide, a significant number of library and information services in all sectors confront the professional problems addressed in this book. Although the details may differ, they all face the common difficulty of creating a cost effective service organization with limited resources. In small and large organizations alike, financial and economic... more » responsibilities have to be met and in both the public and private sectors, contracted out organizations which receive a level of public sector funding are supplemented by cost recovery and by commercial market orientated activities. Managerial and professional skills in decision making are required to deal with this situation, and this book seeks to outline the principles and practice which support these aims in a clear and practical way. It also provides an introduction to key areas such as the business approach to library and information management, business planning, obtaining financial support, physical resource acquisition, resource allocation, budgeting, and the monitoring and control functions. In addition the book covers many topics of increasing contemporary importance, such as income generation and management of revenue producing activities, market orientated commercial activities, market strategies, development of pricing and charging regimes and overall management of projects with significant financial implications. This book is designed to provide practitioners in the field with an overview of the subject and the structures for developing coherent practices in service management. At the same time it provides students with a text to support courses in management service provision and professional practice.« less