The Clarion- International Multidisciplinary Journal

Knowledge management (KM) is the process of transforming information and intellectual assets into enduring value. It connects people with the knowledge that they need to take action, when they need it. In the Corporate Sector, managing knowledge is considered key to achieving breakthrough competitive advantage (Jillinda J. Kidwell, Karen M Vander Linde, Sanda L. Johnson, 2000). The purpose of this study is to explore the role of library & information professionals in India's Knowledge based corporate. This study is supposed to study new roles of librarians for maximizing the value of knowledge in an intelligent organization. The paper uses a sample comprising 10 private sector organizations. The extent of role of Library professional in Knowledge Management practices was evaluated to asses the current and potential future role in, to find the way the library & information professionals can contribute more to knowledge management, study skills and competencies required for library & information professionals, challenges and problems of corporate knowledge management, make recommendations that will promote library professionals as economic development partners and major KM roles in Indian corporate sector. The paper shows that the role of Library professional in KM is favored by the majority of corporate in India but they are also concerned about library professional's reliability, loyalty, commitment and willingness to stay in the job and better people management skills etc. Although this research presents strong evidence regarding the KM in Indian corporate sector and role of library and Information professionals, the results should be interpreted in light of the study's limitations like the study uses a sample of ten private sector organizations and the findings may lack generalization. The paper tries to bring forth concern areas for KM in Indian private sector organizations and Role of library & information professionals in it.