ICT applications in Library and Information Service domain not only altered
the library services but also opened avenues for document management leading
thereby, propagation of the term information management and subsequently to
knowledge management with the proliferation of information on web. Explicit,
Embedded and Tacit, the three panoptic group of knowledge has predominant impact
in libraries. Arriving to the massive missions like, accumulation, systematic
organisations, preservation and effective dissemination of knowledge, the
libraries require adequate professional competencies along with
infrastructures. Preservation of knowledge and its management from valuable
records of culture connect to succeeding generations and the Libraries through
out the ages have proved to be essential intermediary in establishing communication
among past, present, and future. Further, it adopts multiple knowledge
management tools to ensure preservation of knowledge both in print or
electronic. The paper discusses various dimensions and activities involved in
information management and knowledge management including its creation, impetus
on library services and technological issues including various knowledge
management tools for effective organization of knowledge and its dissemination.
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