Knowledge Management

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KNOWLEDGE MANAGEMENT SYSTEM
KNOWLEDGE:
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. In philosophy, the study of knowledge is called epistemology; the philosopher Plato famously defined knowledge as "justified true belief." However, no single agreed upon definition of knowledge exists, though there are numerous theories to explain it.
Knowledge acquisition involves complex cognitive processes: perception, communication, association and reasoning; while knowledge is also said to be related to the capacity of acknowledgment in human beings.
Alternative Perspectives on Knowledge
Knowledge can be defined as a justified belief that increases an entity’s capacity for effective action.
It may be viewed from several perspectives:
(1) a state of mind – knowledge is the state of knowing and understanding
(2) an object – knowledge is an object to be stored and manipulated
(3) a process – knowledge is a process of applying expertise
(4) a condition – knowledge is organized access to and retrieval of content
(5) a capability – knowledge is the potential to influence action 6
KNOWLEDGE MAANAGEMENT:

Knowledge management (KM) comprises a range of strategies and practices used in an organisation to identify, create, represent, distribute, and enable adoption of insights and experiences. Such insights and experiences comprise knowledge, either embodied in individuals or embedded in organisations as processes or practices. More recently, other fields have started contributing to KM research; these include information and media, computer science, public health, and public policy.
Many large companies and

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