After reading Carolyn’s post and the article entitled “Ten Principles for Knowledge Management Success,” it was exciting to see how many of the principles I plan on covering my literature report regarding E-business and KM related directly to the principles in this article.  This leads me to believe that the KM community may not have branched off and adapted for the e-business of the future, but that the whole direction of KM management is changing. 

One of the largest areas where this new direction of KM can be seen is in Principle 5 of the article, where the author proposes it is necessary to stay strategic in an ever changing business world.  KM cannot be determined a project because it has no definite ending, rather, you initiate KM, build it, and maintain it, adapting constantly to stay up to date.  Furthermore, constant monitoring of a KM database is required to prevent the containment of stale knowledge that no longer applies.  While this could be a benefit, providing employees with a description of past successes and failures, at the same time too much reliance could be placed on older knowledge rather on the development of new knowledge.  Because of this, extreme caution should be taken in the implementation and monitoring of knowledge databases.