Integrated KM Cycle

The phrase Knowledge Management did not become popular until the 1980s when the term started to appear in books and business-oriented journals. Knowledge management has been around for decades and have been used by librarians, philosophers, teachers, and writers. There are several perspectives of knowledge management:
Business Perspective - Knowledge management is a business activity that is reflected in strategy, policy, and practice throughout the organization.
Cognitive Science - Fundamental resource that allows us to function properly.
Process/Technology - A systematic approach to manage and use information that will provide a continuous flow of knowledge that enables efficient and effective decision making.
Integrated KM Cycle
The three main stages of a knowledge management cycle are:
1. Knowledge capture and/or creation.
2. Knowledge sharing and dissemination.
3. Knowledge acquisition and application.
Knowledge capture refers to the identification and subsequent codification of existing internal knowledge within an organization. This knowledge can also be used externally from the environment. The creation of knowledge is the development of new knowledge that previously did not exist in the organization. After the new knowledge has been identified as sufficient value, the content will need to be contextualized. Contextualism the content maintains a link between the knowledge and translates the knowledge to content that can be understood by the end user. An integrated knowledge management cycle starts with knowledge acquisition and application. This is then updated to knowledge capture and/or creation. The knowledge captured is then assessed through knowledge sharing and dissemination. Finally, the knowledge is contextualized back into knowledge acquisition and application.
 
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