Knowledge is also elusive and the task of tying it down, encoding it and distributing it is tricky. It is a problem that information experts, consultants, and now IT vendors, are attempting to solve under the heading of knowledge management. They forget that theories of knowledge management were developed by a number of modern management writers, including Karl Eric Sveiby, Karl Wiig, Tom Stewart, Ikujiro Nonaka and Hirotaka Takeuchi. The need for vigilance in the information battle Knowledge Management is about spreading information throughout a corporate body. But there has to be a limit to what is disseminated and how far that information goes.
Some information has to be kept hidden from the competition.
In business, a lot of energy is spent in the field of competitive intelligence. This is a grand title for what is often a mundane task. Computers can collect data but they cannot interpret it If knowledge management attracts a lot of sceptical comment it is because the term has been abused by the IT industry. KM actually has solid foundations in libraries of printed matter. Understanding that as human knowledge grew, so the ability to mix and match elements of that knowledge became increasingly difficult is a good starting place for a KM service.