Study of Knowledge Management Models and Their Relevance in Organizations

Over the last few decades, information generation has accelerated significantly, leading to vast volumes of data that organizations must manage. This paper explores the role of Knowledge Management (KM) models in optimizing information processing and knowledge creation essential for business success. By examining various KM frameworks, the paper highlights how organizations can leverage data from transactions and stakeholders to enhance performance, strategy formulation, and innovation. The integration of Information Technology has facilitated the efficient management of information, transforming it into actionable knowledge. This study aims to provide insights into the practical application of KM models, offering a comprehensive understanding of their significance in modern business environments.