By Alexandra Zatarain
Knowledge management has been around for ages and recently, organizations have found ways to implement successful KM programs to benefit from the practice.
Even as there is no universal definition of knowledge management, we could describe it as the collection of processes that govern the creation, dissemination, and utilization of knowledge within an organization.
This is a process that creates value through the aggregation and utilization of intellectual and knowledge-based assets.
From the definition it might not sound so concrete, but there are actual ways of developing and implementing KM programs that can allow the company to get the best out of the practice.
However, knowledge management presents several challenges. CIO.com outlines the following: