Knowledge management is focused on capturing the expertise of organizations and individuals and on the disposal and application of this expertise in order to maximize the benefits and the returns from knowledge assets. KM helps to bring the right knowledge to the right people at the right time, thus enabling them to make the best decision. KM involves the identification and analysis of available and required knowledge and the subsequent planning and control of actions to develop knowledge assets so as to fulfil organization objectives.

Read more: KM Inventory