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Talk — Libraries in the New Information Economy
by Anthony W. Ferguson (Associate University Librarian, 514 Butler
Columbia University Libraries MC1103, 535 West 114th Street, New York, NY
10027; Ph: 212-854-7401; Fax: 212-854-9099 (Note: new fax number!) <ferguson@columbia.edu>
I suppose everyone but me has read Blown
to Bits by Philip Evans and Thomas S. Wurster (Harvard
Business School Press, 2000). If not,
you should get your hands on a copy. In
the first chapter they talk about the effects that changes in the technology of
communication are having upon the economy.
They use Britannica as a case study in the perils of being the
established leader in any given sector of activity: “One of the greatest brand names in the English-speaking world was nearly destroyed in just five years –
by a cheap, shiny disc” (p. 4). They go
on to discuss four lessons that can be learned from Britannica’s
experience. I will focus only on one of
these lessons, one that has special significance to large academic libraries:
“Even if the executives of the established businesses fully
grasp the impact of new technologies, and even if they can reason their way
beyond their corporate myths and assumptions, they still face a massive
competitive disadvantage arising precisely because they are incumbents. Incumbents are saddled with legacy assets –
not just clunky mainframe systems, but sales and distribution systems, bricks
and mortar, brands and core competencies.
Competing in the face of the new economics of information requires
cannibalizing those assets, perhaps even destroying them. Incumbents hesitate to do that, especially
as long as the business has positive margins.
Rather, they do complex financial calculations and get bogged down in
internal political debates. Insurgents have
no such inhibitions.” (pp. 5-6)
These words are extremely relevant to what is going on in
large academic libraries. Let me
substitute a few of my words and otherwise paraphrase Evans and Wurster’s words
to bring this lesson closer to my library world (although publishers and
vendors can do it as well):
Even if
we librarians from large academic libraries can fully grasp the impact
of new technologies and reason our way beyond the myths and assumptions that
have grown up around libraries, we still face a competitive disadvantage
arising precisely because we are the incumbents of the information delivery
world. Information incumbents are
saddled with legacy assets – not just our huge stores of books, but
acquisitions, cataloging, and public services systems, bricks and mortar, our
status as the people who are supposed to be meeting the information needs of
our students and faculty and core competencies to perform this mission.
Competing in the face of the new economics of information requires
cannibalizing those assets, perhaps even destroying them. Librarians as the information business
incumbents, hesitate to do this, especially as long as the larger proportion of
the faculty are tied to the culture of the print on paper world. Rather, we get bogged down in developing new
ways of doing old things and in just as costly a manner as in the past. Information insurgents have no such
inhibitions.
Who are the non-incumbents and what are the legacy assets that we should
think about cannibalizing or even destroying?
Non-incumbents.
We don’t have to look far to find the non-incumbents of the education
and information worlds. In higher
education, the University of Phoenix, Jones International University
and other intentionally lean institutions of higher learning are good
examples. They do not invest in the
bricks and mortar of academe, instead they focus on teaching and forget the
research and social missions that regular universities defend as critical. Their libraries are also much leaner –
focusing only on what the students will need to complete their courses. For them, digital forms of information are
not a disputed diversion, nor do they apologize for collecting for today’s
instead of tomorrow’s student. They
make a virtue of what we so often label as criminal.
In the information world,
the non-incumbents include the likes of Questia. A recent brochure notes:
No longer are users limited to just the resources available in their
brick-and-mortar libraries, rather, with an Internet connection, they can
access and interact with the full text of tens of thousands of books and
journals. Students can reach all these
resources at any time from home, the computer lab or anywhere else they connect
to the Internet. This is what
information access was truly meant to be.
—
(Questia: Innovative. Scholarly.
Indispensable)
Our legacy
assets. As indicated in the paraphrased version
of the Evans and Wurster quote, our legacy assets are only too apparent. One need only go to the ARL Statistics
yearbook to view a numerical record of our many legacies: Number of total volumes, number of volumes
added, number of current serials, amount spent on monographs and serials,
number of professional and non-professional staff members, etc, etc. They represent everything that is wonderful
about large research libraries and, when I am doing research, I want to be at
the biggest one on the planet – and yet, these strengths are our
vulnerabilities when it comes time to figure the size of the bang that our
universities are getting for their buck.
But we are loathe to change as long as the right 5 percent of our
faculty defend us, as long as 15 to 20 percent of our students push their way
past our turn- style machines on a daily basis (we intentionally don’t build
libraries big enough to house even half of the students at the same time). Instead, we get involved in the politics of
information. We get involved in all
sorts of important activities and make connecting students and information a
low profile activity. The people who do
this kind of work get paid the least in our libraries.
What Should We Be
Doing? It is, of course, easy to whack away at
what’s wrong, and more difficult to say what should be done. If we are to learn from the words of Evans
and Wurster, I believe we need to do the following:
• Independently
meet the needs of today’s students and faculty.
• Consortially
meet the needs of tomorrow’s students and faculty. Non-incumbents do this – it is called selling the same piece of
information to large numbers of people.
We are already doing a lot of this, we just need to do even more.
• Don’t look
for brick and mortar solutions – find a digital solution. Recognize that the question is when, not
whether, we will digitally reformat research information.
• If you can’t
find a digital solution, share the cost of whatever it is with as many other
institutions as possible. If not,
non-incumbents will figure this is a niche market and do it for you.
• We
already outsource much of what is selected to standing order and approval plan
vendors and we outsource much of our cataloging to bibliographic utilities
because these steps reduce our legacy costs – look for more opportunities at
every turn.
• Most
of us have made the transition from individually selected journals to publisher
and aggregator e-journal packages. Get
mentally ready for pay-per-use because
it will be the next logical step toward buying what is read, not what might be
read. I say mentally ready, because for
many of us volume counts are the means that we use to establish worth. We need to look at how non-incumbents define
worth.
• Focus
on buying digital materials which link to other digital materials. Knowledge output results from the
interaction between time, intelligence, and content. Our users have time and intelligence. The faster we can deliver the right content to them, the more
successful they will be in producing knowledge. Giving them access to digital materials that are linked to other
materials at the bibliographic reference level, is the most valuable thing we
can do for our users.
Unless we can take advantage of the new advances in information
technology, and rethink what legacy assets are really needed (e.g., cannibalize
some and discard others), we will not be able to compete with the
non-incumbents of the new information economy.
We have too much to offer to allow ourselves to be pushed to the margin
of the information age.