3) Tacit knowledge is not easily shared. Tacit knowledge consists often of habits and culture that we do not recognize in ourselves. In the field of knowledge management, the concept of tacit knowledge refers to a knowledge which is only known by an individual and that is difficult to communicate to the rest of an organization.
Examples of Tacit Knowledge
1) the notion of language itself—it is not possible to learn a language by being taught the rules of grammar—a native speaker picks it up at a young age almost entirely unaware of the formal grammar which s/he may be taught later.
2) how to ride a bike; this can only be learned through personal experimentation. It is hard to write down how to ride a bike. ....................................................................................................
3) Explicit knowledge is knowledge that has been or can be articulated, codified, and stored in certain media. It can be readily transmitted to others. (Knowledge that is easy to communicate is called explicit knowledge.) ............................................................................................
There are a lot of answers. Some answers for this question are as follow:
1) Knowledge Management is the collective of the existing knowledge which is scattered within organization and develop that knowledge to be up-to-date by organize to be accessible by all person in order to lead them to use the knowledge for effective develop and practice.
2) Knowledge Management is a systematic process of dealing with data and information from all stakeholders in an organization, compiling and transferring from tacit into explicit knowledge as wisdom in generating profitable value to the organization.
3) Knowledge Management is the sharing of information throughout a company or even between business partners. It creates an environment in which the company leverages all its knowledge assets.
4) Knowledge Management is a method of finding the finalized knowledge to get the information that benefit not only in the small business but also in a big firm which let us know how to transform the information into essential knowledge for the purposes of creating firm's competitive advantage in the selected directions.
5) Knowledge Management is a process framework in achieving a better organization performance by making a direct connection between an organization’s intellectual assets (individuals, teams and entire organizations) to collectively and systematically create, represent, share and apply knowledge of business activities among an organization. Such insights and experiences will be embedded in business process and reflect in strategies and practices at all level of an organization for increasing the return on knowledge capital and using them effectively to gain a competitive advantage.