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KnowledgeManagement &Practices
 
 
Knowledge Management is the
explicit 
 and
systematic 
management of 
vital knowledge
- and its associated
 processes
of creation, organization,diffusion, use and exploitation - inpursuit of business objectives.
 
 
DEFINITION
Knowledge Management (KM)
comprises
A range of practices used in an organisation to identify,create, represent, distribute and enable adoption of insights and experiences.
Such insights and experiences comprise knowledge,either embodied in individuals or embedded inorganisational processes or practice.
Many large companies and non-profit organisations haveresources dedicated to internal KM efforts.
Often as a part of their 'Business Strategy', 'InformationTechnology', or 'Human Resource Management'departments.
Several consulting companies also exist that providestrategy and advice regarding KM to these organisations.
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