| Summary: | The purpose of this paper is to discuss the issues on knowledge management that effect organizations embarking on a Knowledge Management journey(KM).KM is defined as the "conceptualization of an organization as an integrated knowledge system and the management of the organization for effective
use of that "knowledge". "Knowledge" here refers to the "human cognitive and innovative processes and artifacts that support them.In an information society today, daily additional information and raw data are made available for employees.Organization converts
knowledge and other resources into goods and
services. The human mind stores data, generates information and forms fantastic ideas. Information once translated and transformed can mean revenue.Knowledge sharing can bring synergistic effect on
organizations.Managers today realize that their own organization possess untapped resources-the human capital.A business entity has a tremendous capacity to create the right environment including cultural and structural inputs.The know-how and sharing of best practices can.determine organization survival.The right infrastructure and required support, the reward system to remove knowledge barriers, the tracking down of knowledge contributors and effective teams
plus the recognizing of intellectual assets would determine the success of the KM journey.
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