Data‐driven budget reductions: a case study

Abstract

Purpose

The purpose of this paper is to describe how a medium‐sized university library implemented activity‐based costing (ABC) and other broad‐based decision‐making strategies to make the necessary budgetary cuts and refocus library services accordingly.

Design/methodology/approach

The paper uses ABC to quantify the cost‐drive of services in the library.

Findings

Given the current budgetary cuts academic libraries are facing, a rational, data‐driven, ABC approach can lead to constructive organizational decision making and outcomes.

Originality/value

The paper demonstrates the value of activity‐based costing in assessing services and addressing issues on how libraries can do more with less.

Citation

Novak, D.D., Paulos, A. and St. Clair, G. (2011), "Data‐driven budget reductions: a case study", The Bottom Line, Vol. 24 No. 1, pp. 24-34. https://doi.org/10.1108/08880451111142015