Learn the basic or introduction to Knowledge Management here. Before entering to the full scope of knowledge management we must know some basic components of KM. Here we will try to understand them. Many KM initiatives has failed because they have not addressed the organizational need. Aligning the KM program to business objectives is the key to success. One must know the vary basics of KM to design a better product to match the unique knowledge needs of the organization. We will start with some basic definitions of terms used in Knowledge Management.