The life cycle on knowledge management throws light on how we move from learning to creating knowledge. Examples in bracket are given by me.
KM is the set of professional practices that improves an organisation's human resource capabilities and enhances the organisation's ability to share what employees know. KM is a set of processes that delivers capability to others in order to meet the organisation's objectives.
Knowledge in business can be seen to have a life cycle of its own.
Knowledge is created either within or outside the organisation. Ideas evolve in tacit and explicit loops until the knowledge is ready for distribution to those outside the creating group. ( Eg Policy formulation on Compensation)
Knowledge can then be stored somewhere, either tacitly or explicitly, so that it's accessible for others to find and use.(Documenting The Policy)
Those who need the specific knowledge must find out where it is by searching in the right places and /or asking the right people.( Codifying and storing the policy in such manner it is traceable easily)
Once the knowledge source is found, the user will then go through the act of actually acquiring it. ( Learning the policy through documents or through the individual on compensation)
Once acquired, the knowledge can be put to use toward some productive purpose (The learner gains knowledge to implement the policy now)
As a result of having applied the knowledge, perhaps repeatedly, the user will learn what worked well and what didn't. This learning can then be significant input into further iterations of the knowledge creation and distribution process. (The learner by virtue of his experience gradually moves in formulating policy)