What is the knowledge management cycle?

Knowledge Management Cycle describes the way in which the knowledge is captured, processed and distributed in the organization. Knowledge can be captured from sources that create it in an enterprise or external sources. This knowledge is then processed within the organization and distributed to the relevant people or the departments that need to use them. The cycle is completed with feedback, which is used to update the knowledge stored within the organization.

capturing knowledge of the organization requires an overview of points where knowledge is created. Knowledge can occur in the research department, reviews or audits of systems and processes, experience in sale and marketing, or through customer feedback or open innovation. Knowledge can also arise from external sources such as new products and processes purchased from suppliers, reports assembled consultants, business magazines, conferences and seminars.

knowledge must be captured by and rights software systems or other SYthe steps of reporting or collected by a designated staff. It is often one of the weaknesses of the knowledge of the knowledge of the knowledge cycle. Work for customers or clients can be submitted and archived without thinking about its importance for future projects. A suitable archiving of useful knowledge is usually not the first priority of employees who work under pressure to serve customers' needs in a strict term. Instead, the capture of knowledge and information collection must be usually supported by a designated knowledge management staff.

The next phase of the knowledge management cycle involves the processing and distribution of information to the points where it is necessary. In some cases, the staff can approach the appropriate archive and benefit from the knowledge stored in the organization. Knowledge distribution must also be managed by staff such as the knowledge manager whoIt is aware of the organization's activities and can direct the relevant information to activities where it is useful at the time it is required.

As a result of feedback, the knowledge archive is updated and renewed. Feedback and experience with a product or process can lead to designing or production. Marketing methods and techniques can be changed because sales statistics and market research results are considered by organization. Technological innovations develop through the knowledge management cycle, although research or open innovations and products are modified as a result of external information from magazines and conferences on competitive technology.