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                   Table 3.1
                 Wiig KM model — degrees of internalization

                 Level  Type        Description
                   1      Novice    Barely aware or not aware of the knowledge and how it can be used
                   2      Beginner  Knows that the knowledge exists and where to get it but cannot
                                    reason with it
                   3      Competent  Knows about the knowledge, can use and reason with the
                                    knowledge given external knowledge bases such as documents and
                                    people to help
                   4      Expert    Knows the knowledge, holds the knowledge in memory,
                                    understands where it applies, reasons with it without any outside
                                    help
                   5      Master    Internalizes the knowledge fully, has a deep understanding with
                                    full integration into values, judgments, and consequences of using
                                    that knowledge


               this knowledge form would be common in communities of practice, informal net-
               works of likeminded professionals who typically interact and share knowledge in
               order to improve the practice of their profession. Finally, personal knowledge is the
               least accessible but most complete form of knowledge.  Personal knowledge  is typically
               more tacit than explicit knowledge, and is used unconsciously in work, play, and
               daily life.
                    In addition to the three major forms of knowledge (personal, public, and shared)
                 Wiig (1993)  defi nes four types of knowledge (factual, conceptual, expectational, and
               methodological).  Factual knowledge  deals with data and causal chains, measurements,
               readings — typically directly observable and verifi able content.  Conceptual knowledge
                 deals with systems, concepts, and perspectives (e.g., concept of a track record, a bull
               market).  Expectational knowledge  concerns judgments, hypotheses, and expectations
               held by knowers. Examples are intuition, hunches, preferences, and heuristics that we
               make use of in our decision making. Finally,  methodological knowledge  deals with rea-
               soning, strategies, decision-making methods, and other techniques. Examples would
               be learning from past mistakes or forecasting based on analyses of trends.
                    Together, the three forms of knowledge and the four types of knowledge combine
               to yield a KM matrix that forms the basis of the Wiig KM model.   Table 3.2  summarizes
               the Wiig KM model.
                    To summarize,  Wiig (1993)  proposes a hierarchy of knowledge that consists of
               public, shared, and personal knowledge forms. Wiig ’ s hierarchy of knowledge forms
               is shown in   fi gure 3.9 .
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