Knowledge Management: Challenges and Opportunities

Abstract

This article deals with the knowledge management (KM) and its perspectives. The KM generation is discussed and in an industrial environment the vital importance of KM and its use by different models, methods and tools are discussed. The varieties of factors which are contributing to the growth of KM are given. Also discussed the KM in Library and information science environment with the changing profiles of the LIS professionals. The challenges faced by the librarians for providing quality library services, codifying the best practices and establishing KM systems (KMS) for providing support services are also discussed. The KM opportunities are emphasized with the need for next generation of KMS and the challenge for extracting tacit knowledge in an expanding environment. The key challenges for the managers and the opportunities of KM are discussed in detail.