In the modern world, knowledge is crucial for success. Many businesses are focusing on managing their knowledge better through a process called knowledge management. This involves finding, organizing, sharing, and using knowledge effectively within a company. By improving how knowledge is handled, businesses can become more innovative and productive. The key steps in this process include developing, acquiring, transferring, sharing, utilizing, and evaluating knowledge. Implementing knowledge management requires certain conditions to be met. Overall, the goal is to make knowledge work more efficiently and create new knowledge effectively.