In Table 2 purpose is represented by Requires and Identification , and learning is represented by Acquisition , Diffusion , and Renewal . Application is not represented in that table as it is about change proficiency, which is a separate but co-dependant competency that has been discussed here previously at length. Portfolio puts strategic emphasis on the dynamics of knowledge value. Requires is a key word. It assumes a timely evaluation of what knowledge is needed when and by whom to meet operational needs and strategic objectives.
Renewal recognizes that knowledge value degrades with time and can become toxically negative.
Diffusion recognizes that knowledge is understanding, that this occurs in peoples heads, and that it involves learning. Acquisition recognizes that knowledge may be captured from internal resources, obtained from outside resources, or created by the organization. Identification recognizes the dynamic nature of knowledge value and seeks to anticipate new needs in time to acquire knowledge and diffuse it. First About Learning Knowledge management is first and foremost about learning - what should be learned, when should it be learned, and who should be learning it. How these things are done, of course, is where the management part comes in.