Facilitating Knowledge Sharing Through Lessons Learned System

Recently, many organizations realize that knowledge is a strategic tool for maintaining organizational performance. With the realization that knowledge is a core resource, organizations are now attempting to manage knowledge in a more systematic and more effective way. The theory of organizational knowledge creation suggests the sharing of tacit knowledge is a critical component of successful knowledge management efforts. Accordingly, to survive in this emerging economy of knowledge, organizations must recognize the need to introduce processes and technologies that aim to facilitate the sharing of information and knowledge then capture it for use by the organizations. This paper explores the concepts of Lessons Learned (LL) and Lessons Learned System (LLS), and then demonstrates the development of Lessons Learned System (LLS) as part of knowledge management initiative to facilitate knowledge sharing.