The Experts below are selected from a list of 121899 Experts worldwide ranked by ideXlab platform
Svanhild Aabø - One of the best experts on this subject based on the ideXlab platform.
-
Libraries and return on investment (ROI): a meta‐analysis
New Library World, 2009Co-Authors: Svanhild AabøAbstract:Purpose – The purpose of this paper is to show that the need to communicate the value of libraries is growing, and especially now during the global financial crisis. As a response library valuation research is expanding and there is now a need for a status report.Design/methodology/approach – The library valuation field is developing towards generating a critical mass of empirical studies. The focus of the meta‐analytical review is on the subgroup that reports a return on investment (ROI) or a cost‐benefit ratio. Meta‐analysis is a quantitative analysis of findings of previous studies, conducted to infer general findings and lessons from prior empirical research. The dataset is 38 library valuation studies reporting a return on investment figure or cost‐benefit ratio.Findings – Of the 38 studies, 32 are of public libraries, a number high enough to indicate a tenable result. The meta‐analysis indicates that the patterns in the findings are consistent with expectations regarding the benefit types that are i...
-
libraries and return on investment roi a meta analysis
New Library World, 2009Co-Authors: Svanhild AabøAbstract:Purpose – The purpose of this paper is to show that the need to communicate the value of libraries is growing, and especially now during the global financial crisis. As a response library valuation research is expanding and there is now a need for a status report.Design/methodology/approach – The library valuation field is developing towards generating a critical mass of empirical studies. The focus of the meta‐analytical review is on the subgroup that reports a return on investment (ROI) or a cost‐benefit ratio. Meta‐analysis is a quantitative analysis of findings of previous studies, conducted to infer general findings and lessons from prior empirical research. The dataset is 38 library valuation studies reporting a return on investment figure or cost‐benefit ratio.Findings – Of the 38 studies, 32 are of public libraries, a number high enough to indicate a tenable result. The meta‐analysis indicates that the patterns in the findings are consistent with expectations regarding the benefit types that are i...
Patti P. Phillips - One of the best experts on this subject based on the ideXlab platform.
-
Technology’s return on investment
Advances in Developing Human Resources, 2002Co-Authors: Jack J. Phillips, Patti P. PhillipsAbstract:The problem and the solution. The increasing use of Internet and Web-based information technology (IT) tools in the modern workplace has heightened the need for a comprehensive return on investment (ROI) methodology that can be used with the spectrum of IT project implementations. This chapter presents an ROI process that can be implemented along with most technology projects.
Isaac S Kohane - One of the best experts on this subject based on the ideXlab platform.
-
calculating the return on investment of mobile healthcare
BMC Medicine, 2009Co-Authors: Nancy E Oriol, Paul J Cote, Anthony Vavasis, Jennifer Bennet, Darien Delorenzo, Philip Blanc, Isaac S KohaneAbstract:Mobile health clinics provide an alternative portal into the healthcare system for the medically disenfranchised, that is, people who are underinsured, uninsured or who are otherwise outside of mainstream healthcare due to issues of trust, language, immigration status or simply location. Mobile health clinics as providers of last resort are an essential component of the healthcare safety net providing prevention, screening, and appropriate triage into mainstream services. Despite the face value of providing services to underserved populations, a focused analysis of the relative value of the mobile health clinic model has not been elucidated. The question that the return on investment algorithm has been designed to answer is: can the value of the services provided by mobile health programs be quantified in terms of quality adjusted life years saved and estimated emergency department expenditures avoided? Using a sample mobile health clinic and published research that quantifies health outcomes, we developed and tested an algorithm to calculate the return on investment of a typical broad-service mobile health clinic: the relative value of mobile health clinic services = annual projected emergency department costs avoided + value of potential life years saved from the services provided. return on investment ratio = the relative value of the mobile health clinic services/annual cost to run the mobile health clinic. Based on service data provided by The Family Van for 2008 we calculated the annual cost savings from preventing emergency room visits, $3,125,668 plus the relative value of providing 7 of the top 25 priority prevention services during the same period, US$17,780,000 for a total annual value of $20,339,968. Given that the annual cost to run the program was $567,700, the calculated return on investment of The Family Van was 36:1. By using published data that quantify the value of prevention practices and the value of preventing unnecessary use of emergency departments, an empirical method was developed to determine the value of a typical mobile health clinic. The Family Van, a mobile health clinic that has been serving the medically disenfranchised of Boston for 16 years, was evaluated accordingly and found to have return on investment of $36 for every $1 invested in the program.
Hugh P. Possingham - One of the best experts on this subject based on the ideXlab platform.
-
diminishing return on investment for biodiversity data in conservation planning
Conservation Letters, 2008Co-Authors: Hedley S Grantham, Tony Rebelo, Atte Moilanen, Kerrie A. Wilson, Robert L Pressey, Hugh P. PossinghamAbstract:It is generally assumed that gathering more data is a good investment for conservation planning. However, the benefits of additional data have seldom been evaluated by analyzing the return on investment. If there are diminishing returns in terms of improved planning, then resources might be better directed toward other actions, depending on their relative costs and benefits. Our aim was to determine the return on investment from spending different amounts on survey data before undertaking a program of implementing new protected areas. We estimated how much protea data is obtained as a function of dollars invested in surveying. We then simulated incremental protection and loss of habitat to determine the benefit of investment in that data on the protection of proteas. We found that, after an investment of only US$100,000 (∼780,000 South Africa Rand [ZAR]), there was little increase in the effectiveness of conservation prioritizations, despite the full data set costing at least 25 times that amount.
-
Protecting Biodiversity when Money Matters: Maximizing return on investment
PloS one, 2008Co-Authors: Emma C. Underwood, Kerrie A. Wilson, M. Rebecca Shaw, Peter Kareiva, Kirk R. Klausmeyer, Marissa F. Mcbride, Michael Bode, Scott A. Morrison, Jonathan M. Hoekstra, Hugh P. PossinghamAbstract:Conventional wisdom identifies biodiversity hotspots as priorities for conservation investment because they capture dense concentrations of species. However, density of species does not necessarily imply conservation 'efficiency'. Here we explicitly consider conservation efficiency in terms of species protected per dollar invested. Methodology/Principal Findings. We apply a dynamic return on investment approach to a global biome and compare it with three alternate priority setting approaches and a random allocation of funding. After twenty years of acquiring habitat, the return on investment approach protects between 32% and 69% more species compared to the other priority setting approaches. To correct for potential inefficiencies of protecting the same species multiple times we account for the complementarity of species, protecting up to three times more distinct vertebrate species than alternate approaches. Conclusions/Significance. Incorporating costs in a return on investment framework expands priorities to include areas not traditionally highlighted as priorities based on conventional irreplaceability and vulnerability approaches.
T. A. Byrd - One of the best experts on this subject based on the ideXlab platform.
-
Empirical models of the effect of integrated manufacturing on manufacturing performance and return on investment
International Journal of Production Research, 2004Co-Authors: S. C. Henderson, Paul M. Swamidass, T. A. ByrdAbstract:The effect of integrated manufacturing on non-financial manufacturing performance and return on investment is studied. Technology-use data from over 1000 manufacturing plants in the USA were used to test empirically the relationships between variables integrated manufacturing, non-financial manufacturing performance and return on investment. Notable findings were (1) integrated manufacturing shows a strong effect on non-financial manufacturing performance and (2) non-financial manufacturing performance has a statistically significant direct effect on return on investment. It is recommended that the justification of investments in manufacturing technologies that contribute to integrated manufacturing must be based on non-financial manufacturing criteria as well as on return on investment. Using two different models, it is shown that the causal model developed in the study is robust.
