Companies need to create and capture corporate knowledge, quickly disseminate it, and integrate it with new products and services. Knowledge management can provide opportunities for achieving substantial savings, significant improvements in human performance, and other competitive advantages. KM program have benefited in a number of ways including: enhanced collaboration, improved communication, improved employee skills, better decision making, and increased innovation. Buckman Labs is an example of a success story that significantly increased sales of products that are less than five years old from 14% in 1987 to 34.5% in 1996 through its global KM effort. For today’s enterprises, few challenges are as daunting as preparing tomorrow’s leaders. Mentoring is one of the most powerful tools at their disposal. But not all mentoring programs are equally effective, and not all companies have learned how to sustain mentoring. IBM has done it — and offers specific guidance and best practices you can use to achieve equally powerful results. IBM use mentoring to strengthen organizational intelligence...build sustainable communities of mentors and mentees... promote collaboration across differences... and above all, link mentoring to strategy and use it to sustain competitive advantage. Business organizations are coming to view knowledge as their most valuable and strategic resource, and bringing that knowledge to bear on problems and opportunities as their most important capability. They are realizing that to remain competitive they must explicitly manage their intellectual resources and capabilities .To build their intellectual capital, those organizations are utilizing the social capital that develops from people interacting repeatedly over time. Lincoln Re has an early-warning process in place to monitor research in the medical field for anything that eventually may