Organizations are increasingly focusing their efforts on knowledge management practices to foster the creation, sharing and integration of knowledge. This chapter proposes a framework for classifying such knowledge management practices based on their roles in solving problems and exploring opportunities. By integrating these practices through three value-added processes (identification, preservation and distribution), organizations improve their ability to learn and adapt to changing environments. Innovative business models that include these knowledge management processes will help organizations prosper in the face of rapid, complex change. We are indebted to the Queen’s Management Research Centre for Knowledge-Based Enterprises