Managing with Purpose: Integrating Assessment, Planning, and Budgeting
Smith, G. A. (2016, October). Managing with purpose: Integrating assessment, planning, and budgeting [Conference session]. Annual Conference of the Virginia Library Association, Hot Springs, VA.
Library leaders can prepare to face challenging situations by developing managerial knowledge and skill. This presentation introduces four tools and two concepts with real-world application to libraries. The logic model visualizes connections between a program’s resources, activities, and results. Libraries can use six dimensions of assessment to identify the strengths and weaknesses of their assessment programs. The balanced scorecard, a performance analysis tool, measures success from four complementary perspectives. The relatively new business model canvas visualizes relationships between key elements of a business model. Opportunity cost, a basic economic concept, is readily applicable to prioritization decisions, including budgeting. Finally, understanding the principal-agent problem helps leaders to focus on the incentives that influence various stakeholders’ behavior.
Below are some sample slides from the presentation: