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DIFFERENCE BETWEEN KONWLEDGE MANAGEMENT AND INFORAMTION MANAGEMENT IN TABULAR FORAMT

Question

DIFFERENCE BETWEEN KONWLEDGE MANAGEMENT AND INFORAMTION MANAGEMENT IN TABULAR FORAMT

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Solution

Sure, here is a comparison between Knowledge Management and Information Management in tabular format:

Knowledge Management Information Management
Definition Knowledge Management is the process of creating, sharing, using and managing the knowledge and information of an organization. Information Management is the process of collecting, storing, managing and maintaining information in all its forms.
Focus Knowledge Management focuses on strategies and practices used in an organization to identify, create, represent, distribute, and enable adoption of insights and experiences. Information Management focuses on the handling of information in a structured way, including the rules for how information is collected, stored, arranged, and used.
Purpose The purpose of Knowledge Management is to improve efficiency by reducing the need to rediscover knowledge. The purpose of Information Management is to ensure that the right information is available to the right people at the right time.
Tools Knowledge Management uses tools like databases, networks, and technical platforms. Information Management uses tools like Database Management Systems, Content Management Systems, and Data Warehouses.
Outcome The outcome of Knowledge Management is an enhanced intellectual capital and a competitive advantage. The outcome of Information Management is an efficient data handling, information sharing, and optimal use of information.

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