lifecycle

LIFE CYCLE OF KNOWLEDGE MANAGEMENT:

The knowledge life cycle is of five type according to(Birkinshaw and Sheehan, 2002) they are

• Acquire
• Store
• Refine
• Distribute
• Present

• According to me Knowledge should acquired and it should be stored in our minds and when people with lack of knowledge we should be capable to distribute our knowledge and help them to gain the knowledge.Knowledge is nothing but just like and input and output and our brain is like a locker where we store our knowledge and when necessary we should distribute to others. For Example :If we take the life cycle of knowledge management in Banking sector it acquires the customers and it saves the money and information of each customer .And it rotates the customers money with different people it is also a type managing or distributing the money and it issues the loan(presenting) this all come under knowledge management.The life cycle of knowledge management in a banking sector is
• Account
• Giving loans
• Credit and debit cards
• Internet banking
• Mobile banking
• lockers
  
• ATM

The life cycle of Management is different for different sectors.
REFERENCE:
Birkinshaw, J. and Sheehan, T. (2002), ‘‘Managing the knowledge life cycle’’, Mit Sloan Management
Review, Vol. 44 No. 1, pp. 75-83.