Information Management and Knowledge Management Essay

Information Management and Knowledge Management - Essay ExampleAccording to the discussion in order to evaluate the importance of information flow and knowledge oversight both the concepts should be properly understood and analysed. According to Duan, Nie and Coakes, knowledge watchfulness concept is a further modelling of the information watchfulness which focuses on developing the database system of a firm whereas information management processes are used to attend that the right person is having the right information. On the other hand, BegonaLloria stated that use of knowledge and information management practices are used in a correlated manner. It has been observed in case of Danone who use their customised Networking perspective for sharing of information among their employee base and also measure the accuracy of the information.This paper declares thatin the 21st century, the functional process of Danone experienced many changes that were focused on enhancing diversity and also improve their knowledge management process. The introduction of Riboud as the CEO of Danone was such a step which enabled the company to maintain communication with the topical anaesthetic markets and gather relevant information regarding the market conditions. Ribouds belief was that having a proper information net profit through the operational channels will help the organisation in designing an accurate moving in measures. The company introduced the Growth Program in the year 2003 which would allow them to align their knowledge management activities with the addition of the organisation.