Analysis of the new knowledge management process: A literature review and waterfall model

Fast growth of information through different mediums, Knowledge is becoming the key if not the ultimate factor of organization success in terms of its competence and survival. The economies of many countries are depending more on knowledge availability and accessibility. Some organizations have taken initiatives to understand and manage this critical resource. So, managing knowledge has great significance recognition in the business community. In spite of these initiatives, the bulk of organizations still have not approached knowledge management (KM) activity properly. The reason for this confusion and lack of clarity can be attributed to a gap between the emerging KM and the current lack of understanding about this concept by practitioners. To bridge the lack this paper is that it presents the several taxonomies related to KM and KM process, reviews KM process theories and present suggestions for what a general process should include based on analysis of various models presented in KM. The main emphasis is laid upon the concepts goal definition review and training across the KM process from need for knowledge to knowledge training.