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54                                                               Chapter 2



                                         Assess





                  Knowledge capture                   Knowledge sharing
                    and/or creation                   and dissemination



                                                           Contextualize


                                   Knowledge acquisition
                                      and application
                      Update
                 Figure 2.11
                 An Integrated KM Cycle

               signifi cant experience in making use of this content. Contextualization also implies
               identifying the key attributes of the content in order to better match to a variety of
               users; for example, personalization to translate the content into one preferred by the
               end user or the creation of a short executive summary to better accommodate the time
               constraints of a senior manager. Finally, contextualization will often succeed when
               the new content is fi rmly yet seamlessly embedded in the business processes of the
               organization.
                    The knowledge management cycle is then reiterated as users understand and decide
               to make use of content. The users will validate usefulness, that is, they will signal
               when it becomes out of date or when situations are encountered where this knowledge
               is not applicable. Users will help validate the scope of the content or to what extent
               the best practices and lessons learned can be generalized. They will also, quite often,
               come up with new content, which they can then contribute to the next cycle
               iteration.


                 Strategic Implications of the KM Cycle
                 Knowledge represents the decisive basis for intelligent, competent behavior — at all
               three levels: individual, group, and the organization itself. Only a conscious and
               organized refl ection of lessons learned and best practices discovered will allow com-
               panies to leverage their hard-won knowledge assets. A knowledge architecture needs
               to be designed and implemented in order to enable the staged processing and trans-
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