Knowledge management (KM) has no single definition and means different things to different people. Here are a few of our favorite defintions:
To us, the term "knowledge management" has evolved to become a useful umbrella term that encompasses a wide variety of approaches, methods, practices, and technology tools that somehow are involved with the management of knowledge. KM has been written about and discussed in almost every imaginable context by countless numbers of people. There are hundreds of on-line repositories and databases that contain KM articles, websites, and other resources, and at last count, a Google search on the term “knowledge management” returned roughly 314,000,000 listings! Unfortunately, this diversity has led to confusion, hype, and numerous detractors (for example, see Gartner's Hype Cycle for Knowledge Management).
More significant that the definition of KM is the distinction between the two main types of knowledge - explicit and tacit. Each type requires managing in different ways. Explicit knowledge is knowledge that is codified, such as in documents and databases. Tacit knowledge, such as knowing how to manage a project or play an instrument, is experiential, in people's heads, and not easy to capture and express in an explicit form. This distinction between types of knowledge has led to two complementary perspectives of knowledge management:
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