Competition for resources within a community makes it important for library directors and leaders to not only be ethical stewards of resources, but also active communicators about the value of library services and impact in the community. Library leaders:
Understand and employ basic budget and finance concepts and terminology .
Establish effective financial management processes and services, using sound business and financial judgment .
Identify and pursue multiple funding sources for the library .
Financial Management ranked #23 out of 51 self-identified urgent training needs. It ranked #56 out of 60 topics staff would like training in. 56% (44) of respondents indicated they would like training at the Beginner level, 21% (21) would like training at the Intermediate level, and 22% (22) would like training at the Advanced level.