Knowledge Management or KM is any process which incorporates the desire to expand our range of inquiry with the need to simplify our decisions. This can involve both human and technological applications which help create, organize or share knowledge.

Knowledge management has always existed as an informal process i.e. apprenticeships, colleagues chatting, or a parent handing over her/his business to offspring. As a formal theory KM has developed in response to advances in technology - the scope and speed by which knowledge is accessed and exchanged. Individuals and companies continually seek better ways to harness their knowledge potential, therefore KM works to provide real world solutions and best practices.