Deep in the pocket of technology creative fiscal management in tight times

ABSTRACT

In 2002, Middlebury College merged Information Technology and Library Services into one new organization (Library & Information Services.) This paper will discuss how one organization took creative measures to make budget and labor reductions, while forging ahead with new technologies, new initiatives, a new organization and plans for a new building (<http://www.middlebury.edu/new_library/>.) Discussion will include a model approach of zero-based budgeting, technological forecasting and developing a 5-year flexible budget model, creating a not-to-do list, streamlining existing processes, and making the "tough" decisions.

INDEX TERMS

Primary Classification:
  K. Computing Milieux
  K.6 MANAGEMENT OF COMPUTING AND INFORMATION SYSTEMS
      K.6.0 General
          Subjects: Economics

Additional Classification:
  K. Computing Milieux
  K.6 MANAGEMENT OF COMPUTING AND INFORMATION SYSTEMS
      K.6.1 Project and People Management
          Subjects: Strategic information systems planning; Staffing

General Terms:
Economics, Human Factors, Management

Keywords:
budget planning, cost reduction, crisis, not-to-do list, opportunity, process analysis, streamlining, zero base budget (ZBB)