Knowledge Management vs Information Governance to Unlock Information Value
Business leaders know that information holds incredible value for the organization. Data-driven decision-making drives innovation. On the other hand, when knowledge remains stuck in silos and unavailable, efficiency suffers. Understanding the differences and similarities between knowledge management vs information governance will help unlock information value. The first step to understanding knowledge management vs information governance involves defining data, information, and knowledge. The term “data” refers to facts and figures, while “information” describes data that has been organized and put into context. “Knowledge” involves understanding, gained by combining information with experience or education. For example, business data might include a list