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New smartkpis.com report ranks the Top Libraries and Archives KPIs of 2011-2012

Press Release   •   Jun 26, 2013 18:03 AEST

June 21, 2013, Melbourne, Australia – The KPI Institute, the global authority on Key Performance Indicators (KPIs) research and education announces the launch of a new report in its 2011-2012 edition of its popular Top 25 series of reports. The series is based on research conducted through www.smartKPIs.com, which contains over 20,000 Key Performance Indicator examples, making it the world's largest source of thoroughly documented KPIs.

Libraries and archives include all types of archives (academic, church, national etc.) and libraries (national library, local public library, school library). KPIs are related to the quality in serving and guiding customers, managing and preserving the archives and books, as well as the efficiency in organizing and structuring them.

The Top 25 Libraries and Archives KPIs of 2011-2012 report compiles the most popular 25 KPIs used by the Libraries and Archives function. The methodology used to conduct the research consisted of ranking the KPI examples published in the Libraries and Archives industry of smartKPIs.com, based on their number of views in 2011. Out of the more than 350 Libraries and Archives KPIs available on smartKPIs.com, the 25 most viewed by the members and visitors of smartKPIs.com were selected and analysed in detail in this report.

Libraries and Archives KPIs are reflective of Libraries and Archives functions, and are grouped into subcategories, such as Items Availability, Borrowing Level, Electronic Services and Materials, Library Costs, Library Popularity and Service Quality. From these subcategories, Items Availability, Borrowing Level and Electronic Services and Materials, were the most popular of Libraries and Archives, in 2011.

The top 5 Libraries and Archives KPIs of 2011-2012 in this report are:

1.  # Library item turnaround time

2.  # Items added to collections

3.  # Cataloging backlogs

4.  % Correct answer fill rate

5.  $ Cost per open hour

One of the most important benefits that this report brings is the international perspective on the most popular KPIs for Libraries and Archives Management. Libraries and Archives KPIs provide quantifiable measurements of factors determined to be important for Libraries and Archives strategy successful implementation. The skill in applying KPIs is in the selection of the optimum number and appropriateness of KPIs. By discussing the use of KPIs today, presenting the best practice in documenting them and listing the most popular KPIs of 2011, the Top 25 Libraries and Archives KPIs of 2011-2012 report is a valuable resource in promoting the informed use of KPIs or refreshing the existing performance measurement and management practice in any organization.

According to Aurel Brudan, The KPI Institute’s CEO “The Top 25 Libraries and Archives KPIs of 2011-2012” report is a synthesis of what smartKPIs.com is all about: it provides an overview of how Libraries and Archives KPIs are used in practice today, by combining input from the online community with analysis and insights from our research team."

ABOUT SMARTKPIS.COM

http://www.smartkpis.com is the leading online platform for performance management knowledge integration, hosting the largest database of thoroughly documented KPI examples available on the web today. It offers high quality resources and collaboration functionality for the community of members, assisting them in making smart decisions regarding their performance management initiatives. Registration is free and enables research, learning and interaction as part of a growing community of members from over 190 countries and territories.

ABOUT THE KPI INSTITUTE

The KPI Institute is a research, publishing and educational provider specialized in developing better practice in the use of KPIs. It developed the KPI Management Framework and runs five main research programs, dedicated to performance management, the Balanced Scorecard, KPIs, analytics and organizational strategy. Over the last 8 years, The Institute assisted over 5,000 organizations in finding solutions to their KPI needs.

Media contact

Cipriana Turcanu, The KPI Institute, Tel: +61 3 9670 2979, Email: cipriana.turcanu@smartKPIs.com