Historical Society of Pennsylvania Harvard Case Solution & Analysis

Historical Society of Pennsylvania (HSP) is one of the most important research libraries and museums of the country focusing on the colonial history. The financial analysis shows that society has absorbed increased costs of operation during the last decade through a slow but steady depletion of their donations and deferral of capital investment. Now the board faced three options: 1) to continue to work as a research library and museum at reducing the resource base, 2) continue to run academic library, but deaccess museum, using the proceeds to strengthen the scientific library, and 3) continue to run academic library, but to turn the artifact collection New Philadelphia entire museum will be built in collaboration with three other organizations. "Hide
by Stephen A. Greyser, Stephanie Werner Source: Harvard Business School 18 pages. Publication Date: November 20, 1996. Prod. #: 597062-PDF-ENG

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