The Assignment structure is as follows:

1. Introduction: (5 Marks)
   • Explain the concept of knowledge management.
   • Write a paragraph highlighting the evolution of knowledge management and how knowledge management can help the organisation in present day competitive world.
   • How is tacit knowledge different from explicit knowledge? Why is it important for the organisation to capture both Tacit as well as explicit knowledge?
2. Knowledge management cycles and Models: ( 5 Marks

• Discuss in detail Bukowitz and Williams KM cycle.
• Describe how the major types of knowledge (i.e., tacit and explicit) are transformed in the Nonaka and Takeuchi knowledge spiral model of KM. Use a concrete example to make your point (e.g., a bright idea that occurs to an individual in the organization).
• a. Which transformations would prove to be the most difficult? Why?

b. Which transformation would prove to be fairly easy? Why?