TOPIC: From Policies to Fiscal Management of Collections

• Recognize challenges and opportunities presented by electronic resources, including licensing, resource sharing, and cooperative collection management
• Augment an existing library collection based on user needs, the context of use, and identified gaps in the current collection (e.g. topical, format, etc.) and provide a budget and budget justification for these recommendations
• Recognize challenges and opportunities presented by electronic resources, including licensing, resource sharing, and cooperative collection management

• Textbook
• Unit 7 slide deck (PDF)
• Markers

• Read Chapter 5: Vendor Relations, Negotiations, and Contracts in the textbook
• Read Chapter 3: Planning, Policy, and Budgets in the textbook
• Read Appendix A: Professional Resources for Collection Development and Management starting on page 367
• Read Appendix B: Selection Aids starting on page 375
• Consult the Glossary starting on page 383
• Mayo, D., & Goodrich, J. (2002). Staffing for results: A guide to working smarter. Chicago, IL: American Library Association.
  Z678.M39 2002
• Valenti, D.C. (2004). Training Budgets Step-by-Step: A Complete Guide to Planning and Budgeting Strategically-Aligned Training.  San Francisco, CA: Pfeiffer.
• Wisneski, R. (2008) Collection development assessment for new collection development librarians, Collection Management, 33:1-2, 143-159, 
  DOI: 10.1080/01462670802158088

• Focusing Activity = Using an (hilarious) image provided by a librarian, we will examine a downside to working with a vendor.

• Lecture = Acquisitions: Vendor relations, negotiation, and contracts
• Activity = Time to work in Homework Groups on this section of the Proposal Assignment and Cumulative Report
• Lecture = Budgeting and Fiscal Management: Long-term fiscal planning vs. one-and-done
• Activity = Time to work in Homework Groups on this section of the Proposal Assignment and Cumulative Report

• Learning Consolidation
  Activity: CLUE Elements 
  According to some educational research, there are 4 key elements to increase motivation and memory in learning:
  C = Creative
  L = Linked
  U = Useful
  E = Emotional
  1. Around the room are four pages with each of these four letters.
  2. Students are to go around and use a pen/marker to add their thoughts on how they can maximize their learning of today's concept in by using these four strategies.
  Inspiration Source: Bowman, S.L.  (2005).  The ten-minute trainer: 150 ways to teach it quick & make it stick. San Francisco, CA: John Wiley & Sons, Inc.  pg. 219-229.