The document discusses creating and nurturing knowledge communities. It defines knowledge and discusses how knowledge is part of day-to-day business operations. It also outlines the business value of knowledge management and discusses how knowledge exists in both explicit and tacit forms. The document then describes knowledge management as a cyclic process and how communities power the knowledge spiral. It provides guidance on establishing communities of practice and best practices for building a successful community, including identifying goals, recruiting members, facilitating participation, and ongoing community management.