Discover what Information Management and Knowledge Management are, and how each of them helps your organization to be more competitive.
Information Management and Knowledge Management in organizations are two processes that improve decision-making. One optimizes the use of information in pursuit of the company’s objectives. The other capitalize on learning to make the organization more competitive and innovative.
In this article, we not only tell you what each one is and how it impacts but also the key to carrying out these processes efficiently.
Are data, information, and knowledge the same thing?
Data, information, and knowledge are terms we use frequently. Therefore, we consider it appropriate to specify these concepts before addressing these management processes.
As we can see, the scope of these concepts is linked and mutually nurturing. Because if data management is adequate, it is transformed into intelligent information. That is the key to better decision-making in organizations.
Information Management and Knowledge Management are two parts of the same process.
Therefore, Information Management and Knowledge Management are part of the same process. However, their scopes are different within the company.
Source: Función Pública de Colombia
This is why IM is so important because the information is a strategic resource, an essential intangible value, and its management is key to achieving organizational competitiveness. Finally, the process completes its function when it is complemented by QA.
What characteristics should an information management system have?
IM seeks to ensure the availability of information to each person in the organization in a timely manner. To achieve this, you need appropriate solutions such as Coldview´s.
They must perform the following tasks:
Information management, a possible challenge
In conclusion, processing the enormous volumes of data generated by each transaction is a major challenge. But today, organizations can count on solutions such as those offered by Coldview to ensure the quality of the data stored and the availability of the information according to their needs.
Managing your organization’s information is possible, you just need a team of experts to help you find the right solution. We know how to do it, write us and we will tell you.
- Choo, Chu Wei (2002) Information Management for the Intelligent Organization: The Art of Scanning the Environment. 3rd ed. Medford(NJ): American Society for Information Science.
- Contexto sobre Gestión de la Información en las Organizaciones. https://sites.google.com/site/gioinfo04/
- Hill, Michael W(2000), The impact of Information on Society: An examination of its nature, value and usage. London: Bowker–Saur.
- Itami, Hiroyuki (1987). Mobilizing invisible assets. Cambridge (MA): Harvard University Press.