Abstract:
The term ‘Knowledge Management’ became more prevalent in during the last few years of the 20th century. There is an ever-increasing acknowledgement of knowledge and information among individuals, organizations, and communities. Knowledge Management (KM) focuses on various aspects that accelerates to find, identify, capture, store, share, and renew information/knowledge for better performance of any individual, organization, or business. Libraries are no exception to the adoption of KM as libraries always focus on continued improvement, up gradation in their services and facilities. This paper discusses in detail about the knowledge management concepts, types, process, benefits etc and why it is needed in libraries. Library professionals have prospective benefits if they adopt knowledge management, this benefits their career, upgrades their position and status in the LIS field. Knowledge management benefits both the libraries and the library professionals, however the library professional is held responsible for the success of the same
