All too often one part of an organization repeats work of another part simply because it is impossible to keep track of, and make use of knowledge in other parts. Libraries as major functions of an organization need to know what the organization's corporate knowledge assets are and how to manage and make use of these assets to get maximum return. Then, the paper proposes new roles of librarians for maximizing the value of knowledge in an intelligent organization. The organization's success depends critically on a successful knowledge management. Knowledge assets are the knowledge that an organization owns or needs to own to achieve its goals.
Knowledge equals information, extracted, filtered or formatted in some way.
Knowledge can be divided into two types. They are tacit knowledge and explicit knowledge. The transfer of tacit knowledge is by tradition and shared experience, through for example, apprenticeship or job training. Whereas tacit knowledge is implicit, explicit knowledge is rule-based knowledge that is used to match actions to situations by invoking appropriate rules. Explicit knowledge is used in the design of routines, standard operation procedures, and the structure of data records.