The Analysis of Knowledge, Knowledge Management and Knowledge Management Cycles: A Broad Review
International Journal of Academic Research in Economics and Management Sciences, November 2012, Vol. 1, No. 6
11 Pages Posted: 15 Jan 2013
Date Written: November 19, 2012
Knowledge is a vital asset for any organization. There are two types of knowledge, tacit and explicit knowledge. Knowledge management has become a serious topic in the last decade. Knowledge management turned into an essential part of the organization due to high importance. The common stages of the knowledge management process are storing, gathering, structuring, sharing, controlling, generating, distributing, codifying, using and exploiting. The main purpose of this study is to examine the knowledge, knowledge management and knowledge management cycles and how they are playing vital role in managing the knowledge. Knowledge is prestigious entity and organizations cannot survive without knowledge because it's offering lots of benefits in the professional world.
Keywords: Knowledge, Knowledge Management, KM Cycles
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