Knowledge management is a [[management]] [[theory]] which emerged in the 1990s. It seeks to understand the way in which knowledge is created, used and shared within organizations. A significant part of Knowledge Management theory and practice aligns two models: (i) the [[DIKW]] model, which places data, information, knowledge and [[wisdom]] into an increasingly useful pyramid. (ii) Nonaka's reformulation of [[Michael Polanyi|Polanyi's]] distinction between [[tacit knowledge|tacit]] and [[explicit knowledge]]. Both of these models are increasingly under challenge with different schools of thought emerging which are more fully described and referenced in the main article. | Knowledge management is a [[management]] [[theory]] which emerged in the 1990s. It seeks to understand the way in which knowledge is created, used and shared within organizations. A significant part of Knowledge Management theory and practice aligns two models: (i) the [[DIKW]] model, which places data, information, knowledge and [[wisdom]] into an increasingly useful pyramid. (ii) Nonaka's reformulation of [[Michael Polanyi|Polanyi's]] distinction between [[tacit knowledge|tacit]] and [[explicit knowledge]]. Both of these models are increasingly under challenge with different schools of thought emerging which are more fully described and referenced in the main article. |