Knowledge Management, (KM) is a concept and a term that emerged approximately two decades ago, roughly in 1990. It can be deduced as organizing an organization's information and knowledge holistically. Very early on in the KM movement, Practice of knowledge management is often characterized by obstacles to creation, distribution, and transfer of knowledge from specific groups of settings. This is one of the most influential and essential books in the field of Knowledge Management. It also includes one of the best and most frequently used definitions of knowledge. The book progresses from a breakdown and analysis of knowledge and the dynamics of knowledge markets; to concepts such as knowledge generation, codification, and transfer; before looking more closely at KM and KM projects. The book presents a perfect balance between the theoretical and the practical. For the former, the authors present concepts that have since become fundamental to the field .For the practical side, the authors draw upon their extensive experience and issues such as the types of KM projects, success factors, the role of information technology, and different approaches to KM.