Knowledge Management: A justifying interface in terms of its need, barriers & dimensions to the business

The main purpose of this study is to explore the expression “Knowledge Management”. In this paper we logically split the terms and tried to recognize their individual significance, then adjoined the individual connotations together in a way to avail the appropriate meaning and nature of the adjoined terms.

Knowledge includes skill, experience & strength of Living Assets of an organization; on the other hand Management is the process of managing and allocating these assets in a precise direction.

Management comprises two terms i.e. MANAGE + MEND = Management. Where managing involves organizing and tactfully achieving the objectives with the help of available resources, and mending means combining, fixing and allocating all the functions in a way to attain the predefined objectives. This study is an attempt of justifying the term in light the “Grid Strategy to Knowledge Management”,” Why we need knowledge management”, as well as “Barriers to Knowledge Management”.