Knowledge management
Introduction
In several different fields, knowledge is defined in multiple ways. As a general definition to people, knowledge is a familiarity with someone or something, which can include facts, information, descriptions, or skills acquired through experience or education. It can refer to the theoretical or practical understanding of a subject. It can be implicit (as with practical skill or expertise) or explicit (as with the theoretical understanding of a subject); it can be more or less formal or systematic. (http://oxforddictionaries.com/definition/american_english/knowledge?region=us) In the modern society, people are facing the requirements of knowledge from wherever you can see, such as communicating knowledge; situated knowledge which is is knowledge specific to a particular situation (Haraway 1998); partial knowledge, scientific knowledge and so on.
As a result of large amount knowledge in people’s mind, a good Knowledge management is a necessary concept for people in the fast-running world. Knowledge management and the management of intellectual capital has become a central theme in today's business literature and a commonly cited source of competitive advantage. (Michael J 2001)
Knowledge management is the explicit and systematic management of vital knowledge and its associated processes of creating, gathering, organizing, diffusion, use and exploitation. It requires turning personal knowledge into corporate knowledge than can be widely shared throughout an organization and appropriately applied. (http://www.skyrme.com/insights/22Knowledge management.htm) ‘Knowledge management draws from existing resources that your organization may already have in place-good information system management, organizational change management, and human resources management practices.’ (Davenport and Prusak 1998) Under this concept of Knowledge