There is a wealth of research on the development of libraries in this internet era, particularly regarding information retrieval and technical considerations. However, little has focused on how information is sought and transformed into knowledge and how this should influence library design and use. The libraries are not simply collections of print and digital versions of existing resources and in fact these valuable information resources procured in the library should be useful to people who use them. Research on faculty and research scholars indicates that they are increasingly able to use digital resources even though they are not necessarily information literacy of students. Questionnaire method has been adopted for collection of data from the teaching faculty and research scholars of Management institutes. This research examines and analyses how management faculty and research scholars gather and use information individually and collectively, and how they share their work across geographic boundaries. The recommendations emerging from this study form the basis for best practice guidelines for developing a future management library. This book is useful to the librarians.