The following are definitions common to Knowledge Management
Knowledge Management: is strategies and processes designed to identify,
capture, structure, value, leverage, and share an organization's intellectual
assets to enhance its performance and competitiveness
Tacit knowledge: is knowledge embedded in the human mind through experience and jobs.
Know-how and learning embedded within the minds of people and is more difficult to
extract and codify. insights, intuitions.
Explicit knowledge: is knowledge codified and digitized in books, documents, reports,
memos, etc. Documented information that can facilitate action.
Socialization: Tacit to tacit. Knowledge is passed on through practice, guidance, imitation, and observation.
Externalization: Tacit to explicit. Tacit knowledge is codified into documents, manuals, etc.
so that it can spread more easily through the organization.
Combination: Explicit to explicit. This is the simplest form. Codified knowledge sources are
combined to create new knowledge.
Internalization: Explicit to tacit. As explicit sources are used and learned,
the knowledge is internalized, modifying the user's existing tacit knowledge.