There are following Components of Knowledge Management:
1. Create Knowledge Repository: It involves findings collecting internal knowledge and best Practices.
2. Improve Knowledge access : Determining ways to facilitate findings the person with the required knowledge and then transferring the knowledge to another person.
3. Enhance Knowledge Environment: Involves changing the way people work employees are encouraged to share knowledge as well as reuse existing knowledge
4. Manage knowledge as an asset: Involves demonstrating that effectively using the knowledge management repositories or face to face transfer of knowledge has allowed the organisation to save or make money.