Knowledge Management ('KM') comprises a range of practices used by organisations to identify, create, represent, and distribute
knowledge for reuse, awareness and learning. It has been an established discipline since
1995 with a body of university courses and both professional and academic journals dedicated to it. Most large companies have resources dedicated to Knowledge Management, often as a part of '
Information Technology' or '
Human Resource Management' departments, and sometimes reporting directly to the head of the organisation. As effectively managing information is a must in any business, Knowledge Management is a multi-billion dollar world wide market.
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