This refers to the proper management of knowledge (information from data) an organization (business-related or otherwise) acquires over the course of its life. More importantly, this represents the way how an organization uses this overall accumulation of knowledge to attain specific objectives such as enhancing its competitive advantage, improving company performance or promote innovation. In an increasingly complex world, how knowledge is acquired, stored, retrieved and distributed throughout an organization is of vital importance. All segments of an organization should have access to information and knowledge to improve their efficiency. Knowledge should be properly recognized as a capital asset.

Management Consultant
http://en.wikipedia.org/wiki/Institute_of_Management_Consultancy
This is the site of the professional management consultants association in the U.K. which was the result of a merger between two major consulting groups.

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