From Books to Bytes: Creating Effective & Efficient Corporate Libraries in the Digital Age
Posted on: Thursday, 22 June 2006, 09:00 CDT
CHAPEL HILL, N.C., June 22 /PRNewswire/ -- Corporate information centers have to apply scrutiny when purchasing information resources to assure quality and avoid unnecessary expenses. Leading corporate information centers employ aggressive cost avoidance programs that annually save them between $1.5 and $2.7 million, according to a ground-breaking study by research and consulting firm Best Practices, LLC. Online at http://www3.best-in-class.com/rr709.htm, the study examines effective practices for the operation of corporate libraries and information centers in pharmaceutical and medical device companies.
"From Books to Bytes: Creating Effective Corporate Libraries in the Digital Age" examines how leading corporate information centers operate in an effective and cost efficient manner. The study reveals how leading corporate information centers demonstrate value by keeping their costs below the perceived worth of the benefits they provide. For example:
- One company helps trim corporate spending by recognizing and eliminating web page duplication among the corporation's many divisions. - Another firm co-locates one of the information center's employees within the finance department to spot purchase requests for resources the library already owns.
The leading practices, managerial insights and benchmark metrics in this study are drawn from interviews and surveys at 25 healthcare companies. In addition to tips about reducing library costs and expenditures, this report includes guidelines for:
- Reducing non-strategic library functions - Demonstrating and building awareness of library value - Implementing cost recovery programs - Outsourcing selected services
Download a summary of From Books to Bytes: Creating Effective Corporate Libraries in the Digital Age at: http://www3.best-in-class.com/rr709.htm. For more information about this report or other benchmarking reports, contact James Toomer at (919) 767-9178 or jtoomer@best-in-class.com.
ABOUT BEST PRACTICES, LLC
Best Practices, LLC is a research and consulting firm that conducts work based on the principle that organizations can chart a course to superior economic performance by studying the best business practices, operating tactics and winning strategies of world-class companies. For more information about Best Practices, LLC, call (919) 403-0251, or visit the corporate website at http://www.best-in-class.com/.
Best Practices, LLC
CONTACT: Cameron Tew of Best Practices, LLC, +1-919-767-9246, orctew@best-in-class.com
Web site: http://www3.best-in-class.com/http://www3.best-in-class.com/rr709.htm
Source: PRNewswire
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