Knowledge Management: The Knowledge Network Cycle

Briefly in your own words describe the distinction between explicit knowledge and implicit (tacit) knowledge. Next describe the knowledge network cycle that transforms individual knowledge into organizational knowledge. Be sure to identify any key transformations within your response. Discuss two (2) fundamental challenges of data storage and information sharing associated with a company’s knowledge management system. Next hypothesize how one would overcome the problem of “not knowing what you know.” Provide support for your response.