Analytics & Reports: Return on Investment

How can I get my tuition money's worth from the library? from the Office of the Dean of Libraries at the University of West Florida. See other tabs on the linked guide for Institutional ROI, and how to calculate Return on Investment.

Values, Outcomes, and Return on Investment of Academic Libraries (LibValue) was a three-year study funded by the Institute of Museum and Library Services to define and measure ways in which academic libraries create value through research, teaching and learning, and social, professional, and public engagement.

“Tell us in a few sentences about a time that Libraries staff, services, resources, or spaces had a positive impact on your academic work.”

Syracuse/Megan Oakleaf IMLS Grant Project: "Syracuse University requests $50,000 and will provide an additional $12,889 in cost share to perform preliminary planning activities to pioneer the integration of library data in institutional learning analytics and develop detailed proofs of concept and models to guide academic libraries preparing to engage in this emerging and important use of data to support student success."

Return on investment (ROI) measures are a concrete means of demonstrating to institution administrators and public audiences the vital role academic libraries hold within both their respective communities and on a global scale. While libraries have traditionally been rather modest about broadcasting their own worth, today they must learn to make clear the often unrecognized ways in which they contribute to institutional success. This demonstration of value is exactly what LibValue, an IMLS-funded grant project, aims to empower.

We scoped an experiment around existing data from the library instruction request system and the University data warehouse. What we learned has direct implications for our program planning (demographics, sequencing, curriculum development), resource allocation, and delivery of library instruction. This session will provide an overview of our experiment, dive into the challenges we faced, outline our methodology, highlight preliminary results, and invite attendees to envision experiments for their own campus.