introducing investors in collections

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Investors in Collections Introduction & Overview January 2014 INVESTORS IN COLLECTIONS

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The Collections Trust is piloting a new concept called 'Investors in Collections'. Designed to be compatible with the UK Museum Accreditation Scheme and the American Alliance of Museums 'Continuum of Excellence', Investors in Collections provides a way for museums to demonstrate their commitment to achieving excellence in their Collections Management.

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Page 1: Introducing Investors in Collections

Investors in Collections

Introduction & OverviewJanuary 2014

INVESTORS IN

COLLECTIONS

Page 2: Introducing Investors in Collections

Investors in Collections

A museum development tool administered by the

Collections Trust on behalf of the international cultural

heritage community

Page 3: Introducing Investors in Collections

Benefits

• Investors in Collections helps museums demonstrate their commitment to delivering public value and excellence in Collections Management, enabling them to:

• Celebrate strengths• Target areas for development• Articulate a case for support• Improve resilience• Promote accountability

INVESTORS IN

COLLECTIONS

Page 4: Introducing Investors in Collections

Long-term impact

• Investors in Collections isn’t a short-term win. It helps museums ensure that the collections in their care are accessible and cared for so that they can be enjoyed long into the future.

• Long-term impacts for your cultural heritage organisation include:

– Organisational health– Improved visitor services– Greater professional recognition– Profile & credibility with funders– A culture of continuous improvement

INVESTORS IN

COLLECTIONS

Page 5: Introducing Investors in Collections

Aligned to Museum Accreditation

• Investors in Collections is compatible with the requirements of the UK Museums Accreditation Standard and American Alliance of Museums Continuum of Excellence

• Investors in Collections supports requirements relating to :

– Organisational health– Collections– Visitor services

INVESTORS IN

COLLECTIONS

Page 6: Introducing Investors in Collections

Core Model

Page 7: Introducing Investors in Collections

Components

• Investors in Collections is structured around the following standards and frameworks:

– SPECTRUM: The UK & International Collections Management Standard published by the Collections Trust and trusted by over 23,000 museums in 40 countries;

– The Collections Management Competency Framework

– The Collections Management KPI Framework

INVESTORS IN

COLLECTIONS

Page 8: Introducing Investors in Collections

How it works

• Investors in Collections is structured around a cycle of self-assessment, planning, implementation and peer-review

• Step 1: Complete a Self-assessment Questionnaire

• Step 2: Use our Diagnostic Tool to identify strengths & areas for development

• Step 3: Develop and implement a Collections Improvement Plan

• Step 4: Peer-review and recommendations

• Step 5: Recognition as an Investor in Collections INVESTORS IN

COLLECTIONS

Page 9: Introducing Investors in Collections

Pricing

• Investors in Collections resources, toolkits and self-assessment questionnaire are provided free of charge

• Peer-review and recognition are available to members on a tiered basis:

BAND ANNUAL MEMBERSHIP (plus VAT)

Tier 1: Turnover £2m plus per annum £2,750

Tier 2: Turnover £501k - £2m per annum £1,250

Tier 3: Turnover £500k or less £500INVESTORS

IN COLLECTIONS

Page 10: Introducing Investors in Collections

Talk to us today

• Investors in Collections is administered by the Collections Trust on behalf of the international cultural heritage community.

• To find out what Investors in Collections can do for your museum or heritage organisation, talk to us today on +44 (0)208 541 4914 or email [email protected].

• Visit www.collectionstrust.org.uk/investors to find out more

INVESTORS IN

COLLECTIONS