Information management concerns managing organization's information resources to improve the performance of the organization, whereas knowledge management concerns the processes of creating acquiring, capturing, sharing and using knowledge to enable learning in organizations.

Knowledge  ---->  Processed form of information

Information management focus on activities needed for controlling organisation's records. This is done trough managing information resources, and IT resources can be used. People are important but not a critical resource.

On the other hand, Knowledge management has people as a critical component to be managed. Also KM is oriented to improve the organisational performance and to add value through a set of key-process (mainly Knowledge sharing).

More information in: http://doctorat.feaa.uaic.ro/studii/Documents/03%20Firma%20post-industrial%C4%83.%20De%20la%20manag.%20produc%C5%A3iei%20la%20cel%20al%20cuno%C5%9Ftin%C5%A3elor/05_05_Understanding_IM_and_KM.pdf

Knowledge management is all about establishing a system within an organization that aligns the human resources and the IT capabilities and capacity such that the knowledge that exists within the organization is optimally utilised (and not lost).

In order to manage knowledge, you need rule-based computational linguistic routines to automatically locate and retreive morph-syntactic and semantic connections between big data sets (i.e. you need to link data). In a few words, knowledge management needs a knwoledge management system.

As for information management, you need to set up a procedure similar to the previous one; i.e. you automatically retrieve and extract information, but you do not work on linked data.

Information management deals with organizing information such in databases forms; while KM deals with exploiting explicit and implicit knowledge of others as their experiences in which such shortcuts could enhance and transform a whole business. Thus, KM is so crucial and beneficial if management play it right.     

Generally, library management includes 3 main chapter:

1. developing collection (information) management

2. information management                                                                                                                                                       

3.

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3. library services management

Information management is a complex process based on specific rules of cataloging and indexing information. Applying this cataloging and indexing rules you are able to trasform the informational chaos in a organised univers of information

Knowledge management is the process of searching, acquiring, documenting and sharing the knowledge between the people/employees in the organization. Information management is the process to store, retrieve and analyze information using ICT technology (hardware and software).

the management of conoicmiento focuses more on aspects of knowledge transmission (denotes a level of customization and change the information used as a basis) while the information management responds to the objectivity of knowledge, your physical display and transmission mechanics (meaning data without the touch of human value)

km is internal but information is external  the km is consept but the information is fact the km  is atitude but information  is awrencs.

you can eplanation km but you can analysing information management

I have a simple answer:

Information is derived/found by getting the relations between data

While Knowledge covers a wider perspective that could be an extension to the information (data relations) and skills (mental, skills, etc).

So managing knwoledge covers managining the tangible resources and intangible ones.

Another prespective maybe that knowledge needs interpretation and inferences to be found. also knowledge evolve.

Hope this helps

getting back to the definition of knowledge and information sets major differences wich affect the management of each.

Knowledge management is independent activity  and information management is Dependent activity. 

Of course the clue is people or documents. For knowledge management it is fundamental and neccessary to have the workers complicity whilst for information management you need good tools and a good processes design...

I agree with the previous answers, and add:

IM works to reduce "uncertainty" [state uncertain about something], but KM is to reduce "ambiguity" [something that being able to be interpreted in more than one way].

I would recommend this appropriate reading about the issue! "...in a general sense, it can be said that the "human element" is much more relevant from a KM perspective than from an IM perspective." KM stands for knowledge management while IM stands for information management!

Article Understanding the difference between Information Management ...

The term knowledge management came in to practise becuase of hidden knowledge which was not documented, published etc. Think about indeginous knowledge ...

Information Management (IM)is directly related to managing the information its structure, content, particularly the format for effective and efficient collection, organization and the dissemination of same information for the user’s point of view in an organization whereas the Knowledge Management (KM) is directly related to the creation, manipulation,production, analysis, synthesis , maintenance and the application of knowledge and information for achieving the objectives of an organization or a person hence IM is an information business or product business whereas KM is a peoples’ business or think tank business.

From data we aggregate information, from information we extract knowledge, knowledge plus experience becomes qualified experience e.g. by applying and reflecting action routines in different application domains. So one possible answer is, that the managed structures are on different levels of abstraction and elaboration in the process of aquiring expertise.

Information is gained knowledge (FRISCO, 1998) from recived messages (Shannon & Weaver, 1949, 1998, p.4). Messages are compositions of data. Knowledge is how a contextual message is understood. Cognition is the effectuation of what is understood (Blooms taxonomy, Iowa university webpage). Valu is the evaluated effect.

There is not a simple answer to this question. I seek an answer in the differences between the two philosophies underlying information management: objectivism and subjectivism.

For two papers on this topic, see: https://www.researchgate.net/publication/254401782_Objectivist_by_default_why_information_management_needs_a_new_foundation

And...

https://www.researchgate.net/publication/258439112_The_Value_of_a_Rose_Rising_Above_Objectivism_and_Subjectivism

Enjoy reading!

Article Objectivist by default: why information management needs a n...

Information is a spiritual entity's gained knowledge. It is uncertainy reducing; i.e., entropy reducing. Mainagement is to maintain dependability (reliability and trust). Search for Avizenies and Laprie.

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Everyone seems very keen on the complex answer but in asking the question you obviously have an application and real world issue - In simple terms managing information encompasses how all information is gathered, moved, stored and accessed. Knowledge management is making sure people (within an organisation or where needed) learn the lessons gained from experience and ensuring it is passed on.

Luke

Information in bits are gathered as data in messages. The messages are interpreted  and the pervious (if contextual requisie variety width) knowledge is gained (increased certainty; i.e., meaningful information). Knowledge management is  … See Luke M

(Shannon&Weaver 1949, 1998 p.4 technical (syntax), semantic, effect)

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Hi Shahajada,

It was very different. To know more about the different You have to understand the data, information and knowledge before. Data is not a contextual thing that have no a meaning. Information is the result of the data organizing (mostly on explicit content), now the data have a context. And after the information was understanding by people, it will be a knowledge for himself (mostly on tacit content). Generally, management is an art to organize the things in purpose to reach the goal of the institution. So the different of knowledge management and information management, is in the object.

The mayor difference between information and knowledge I believe is the level of comprehension and interaction between them. Consider information as recopilated data that can be comprehented by people in a particularly topic: hystoric data weather, estatistics, totals number sales... but knowledge is on the next people comprehention level, where they can do something with that information: apply the information to take a decision, apply it to design a car, or just decide where if we want to walk or take a the bus to go somewhere. 

Therefor, information and knowledge management apply in organizations are required. We have different techniques and methodologies about how to manage each of them. We can manage information in dashboards so executives can apply them and transform it into knowledge and take decisions. And we have techinques and methodologies to manage knowledge, wich must organizations are looking to capitalize it. Managing knowledge involves: identification, clasification and capitalization, wich involves the process in getting the value of it to the organization.. 

Interesting! For me the concept of 'knowledge' is very puzzling - as simplistic and familiar as it sounds, it is intricate and all-encompassing. A very simple example: What do we mean when we say "I know this person" as different from "I know this place" or "I know this word", etc? What is knowledge and what is knowing?

Both information and knowledge need to be managed (acquired, stored, shared and used), but the question of how and for what purpose makes the difference. We manage information to gain knowledge (we also need knowledge to understand information at hand), but we manage knowledge to learn,  to strategize and to develop intellectual capital at a higher level. As has been said, knowledge is essentially people-centric, that is what makes complex and dynamic.

In my opinion, knowledge management is carried out through research projects, refereed and indexed scientific journals and text books from accredited publishers. Information management can be carried out by ,the media, press, radio and television with a less rigorous selection and evaluation formalism than knowledge management.

Information management is the practice of collecting, managing and distributing information. Data can be acquired from a wide range of sources, and can come in a variety of formats. Then it must be stored securely in an organized and structured way that both meets relevant regulations and policies and ensures it is accessible to authorized employees. Strong information governance is essential to effective information management.

Knowledge management: the process of capturing, distributing and effectively using knowledge.

This definition might make knowledge management sound a lot like information management, but in this context, the word “knowledge” means a processed form of information that goes beyond merely extracting facts from collected data. Knowledge discovery focuses on the application of information: Knowledge creation is what happens when people refine information into something useful...

https://blog.netwrix.com/2020/01/21/information-management-vs-knowledge-management/