Abstract
Knowledge is an asset, but its effective management requires investment of other assets. The concept of librarians. library officers, information scientists has got trivia to up keep its myth for longer journey of information age in the present cutting edge of information technology. KM has its roots in several disciplines including data modeling and simulation organization behaviour, information management and behavioral sciences among others. KM encompasses identifying and mapping intellectual assets within the organization thereby generating valuable knowledge capital for competitive advantages within the organization. Presents the principles of KM. which are experimented and observed by Davenport. This article aims at presenting holistic views of changed phenomenon from the stored knowledge to ultimate resource of knowledge assets of any organization through the nodes of information processes and activities.
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