Wiig Km

Knowledge Management (KM) Cycle is known as a procedure of changing data and information into valuable knowledge inside an organization. This cycle is aimed to clarify the flow of how knowledge is caught, prepared, and allocated in an organization.
Wiig KM Cycle is one of the KM Cycles. Wiig is focusing on the three major conditions that should be available for an organization in order to direct its business effectively. (Mohapatra, 2016)
i)It must have a business and customers.
The organization should have products and services to provide to its customer.

ii)It must have resources.
Organization must ensure that it has enough resources for it to reach customers’ satisfaction and expectation.
E.g.: People, Capital, Facilities, etc.

iii)It must have the strengths to act. …show more content…
(Urbanek, 2012)
Wiig investigate that the main purpose of KM as an effort to make an organization acts intelligently by facilitating creation, accumulation, deployment and use of quality knowledge. The aim of this cycle is to study about how organization’s knowledge is stored and used to generate values for individual, group and organization. (Mohapatra, 2016)
2.1 Discussion of Wiig KM Cycle
Four major steps of the WIIG model are represented in following figures:

Build knowledge Hold knowledge Pool knowledge Apply/ Use knowledge
Figure 1.0

Build Hold Pool Apply/ Use
Personal Experience
Intelligence sources
Formal training & Education
Media, books, peers In