Special Libraries - Corporate Libraries

Corporate Libraries

A corporate library is a collection of resources contained within a corporate entity. Corporate libraries help to organize and disseminate information throughout the organization for its own benefit. They often support areas in the company relating to finance, administration, marketing and technical specialization. In terms of size, they are seldom very large, and most library departments employ less than five full-time staff. One major issue in corporate libraries relates to the difficulty of putting a dollar value on the intangible services the library provides to its parent company. The information services provided by corporate libraries save employees time, and can aid in competitive intelligence work. However, neither of these values can be easily measured, a fact that is further complicated by the understanding that knowledge may be useful immediately upon acquisition, or at any unspecified time in the future. For these reasons, the budgets of corporate libraries are often challenged.

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