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Employee savvy is the key to fiscal success

Terry Cottrell (University of St Francis, Joliet, Illinois, USA)

The Bottom Line

ISSN: 0888-045X

Article publication date: 30 November 2010

759

Abstract

Purpose

The purpose of this paper is to clarify employee financial prowess at every level as a key to good library management beyond the responsibilities of directors.

Design/methodology/approach

The paper presents a general review.

Findings

The paper finds that all employees of a library must possess and exemplify a general sense of fiscal savvy.

Research limitations/implications

This paper has implications for non‐library directors thinking about their role involving their library's finances.

Practical implications

Library leaders are looking for motivational strategies to expand beyond their own financial networking prowess.

Originality/value

The paper goes against the prototypical assumption that library managers are the only staff members who need to possess financial strategic skill.

Keywords

Citation

Cottrell, T. (2010), "Employee savvy is the key to fiscal success", The Bottom Line, Vol. 23 No. 4, pp. 215-217. https://doi.org/10.1108/08880451011104054

Publisher

:

Emerald Group Publishing Limited

Copyright © 2010, Emerald Group Publishing Limited

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