Purpose – This paper argues that, while one needs to logically decide on an organization's strategy, it does not need to be a product of a lengthy strategic planning process. Design/methodology/approach – The paper discusses and gives examples to illustrate why an institution does not need to go through an intricate strategic planning process. Findings – A laborious process is not needed to plan a library's strategic direction. Practical implications – A library can more efficiently use its money and time to satisfy its customers than by spending them on a drawn‐out strategic planning process. Originality/value – Hopefully, this article will motivate librarians to find the proper balance between having no strategy and wasting too much time and money on creating a lengthy strategic plan.
The Bottom Line: Managing Library Finances – Emerald Publishing
Published: May 30, 2008
Keywords: Strategic planning; Corporate strategy; Libraries; Librarians
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