The Knowledge Creation Process

The main destination of this paper is to show the great importance of knowledge as a vital resource for businesses and individuals. Most business processes are prospected through knowledge management, the real challenge is developing a system of knowledge management in companies. Peter Drucker stated “We now accept the fact that learning is a lifelong process of keeping abreast of change and the most pressing task is to teach people how to learn.”, Peter’s statement clearly shows that learning and obtaining knowledge is significant to the individual growth as it helps in developing their awareness and advances their intelligent, which is one of the conclusion of this report search. There are many ways for obtaining knowledge and creating it.

Then they must provide the right forums for knowledge to be shared. This implies a particular emphasis on informal communication, while for explicit knowledge this implies a focus on a variety of IT systems. On the strategic side management must create/design the right environments, processes, and systems that provide the means and willingness for it to take place.

-Creating a suitable work environment:

This includes the notion of creating interplay between knowledge and knowing, by offering relevant courses and education, but most importantly allowing new knowledge to be created through interaction, practice, and experimentation. Botha et al (2008) point to the importance of shared experiences in the knowledge creation process when dealing with tacit knowledge, and the need for an environment where these can be formed. March (1988) discusses how our cultural norms often stifle innovation and new knowledge creation. He advocates environments where we recognize that goals can be created through action, where intuition is accepted and valued, and where experience is nothing more than a theory. These concepts bring us back to the concept of theory in use (referring to work environments that do not follow strict, "official" rules and procedures), and the acceptance and support of

As it is seen in (Figure 2), A percentage of 60% of the students mentioned that KM is important and relevant, while 20% stated that the rules & regulations in KM are harmful for knowledge development, however 10% stated that it is just a formality that should be followed which is not used.

In (Figure 3) students gave their thoughts of the reason why KM is not considered and paid attention to as it can result in future advancement.

The results shows that 15% assumed that sharing knowledge is not a part of their daily work, whereas 20% of them lack the skills and experience to bring out the idea of knowledge management and a high percentage of 65% stated that the lack of training to implement knowledge management in an organization was the reason.

A question was brought forward about how the role of knowledge management is significant in achieving a competitive edge.

And the results for the questions were as follows, 15% of them believe that it is a part of employee development, where 50% decided that it has a significant role in improving the competitive advantage and the rest (35%) decided that it improves the