Knowledge Management plays a vital role for any organization and beyond the shadow of any doubt: one of the way to capture and preserve the knowledge of any group can be through Knowledge Management which comprises a range of practices used in an organization to identify, create, represent, distribute and enable adoption of insights and expereiences. Such insights and experiences comprise knowledge, either embodied in individuals or embedded in organisational processes or practice. We can develop resources dedicated to internal Knowledge Mgmt. efforts, often as a part of our ‘Bussiness Strategy', ‘Information Technology', or ‘Human Resource Management' departments.

Strategy to Knowledge management involves actively managing knowledge. In such an instance, individuals strive to explicitly encode their knowledge into a shared knowledge repository, such as a database , as well as retrieving knowledge they need that other individuals have provided to the repository. Another strategy to Knowledge Management involves individuals making knowledge requests of experts associated with a particular subject on an ad hoc basis. In such an instance, expert individual(s) can provide their insights to the particular person or people needing this.

Moreover,some key points to preserve and capture the Knowledge of our Group

· Making available increased knowledge content in the development and provision of product and services.

· Achieving shorter new product development cycles

· Facilitating and managing innovation and organisational learning

· Leveraging the expertise of people across the organisation

· Increasing network connectivity between internal and external individuals

· Managing business environments and allowing employees to obtain relevant insights and ideas appropriate to their work

· Solving intractable or wicked problems.

· Managing intellectual capital and intellectual assets in the workforce.