The knowledge management cycle is a process of
transforming information into knowledge within an
organization. It explains how knowledge is
captured, processed, and distributed in an organization
The knowledge management cycle has six steps. The six steps are
discussed as follows:
- Share and Learn: The sharing of knowledge in
order to facilitate learning is the first step in knowledge
management life-cycle. Sharing of knowledge is one in which people
exchange their views and ideas on a particular domain.
- Create: Knowledge is created by sharing of
ideas by people working in an organization. Better sharing leads to
better ideas thereby creating a valuable knowledge repository.
- Capture and Acquire: Capture and acquisition
of knowledge is one in which the knowledge created is collected in
huge numbers and stored in a repository.
- Organize: Organizing is the next step to
capturing of knowledge. The captured content is organized using a
framework or knowledge model. The model reflects the elements of
knowledge and flows that are embedded inherently in the specific
processes and culture of organization.
- Access, Search and Disseminate: The organized
knowledge is put in such a way that it could be accessed, searched
and disseminated by the users working in the organization.
- Use and Discover: The last step is to make use
of the knowledge acquired in solving problems in real time.