The review of existing knowledge management models has seen a wide spectrum of perspectives. Knowledge management has been seen from the categorical view in which knowledge are categorized into discrete elements as seen in Boisot, Nonaka and Nonaka Hedlund’s models to the more complicated and complex perspective of knowledge that is mechanistic and socially constructed orientation. Moreover, these knowledge management models have made reference to: first, the process of managing the flow knowledge; second, categorization models are mechanistic; third, the intellectual capital model assumed that intellectual capital are vital assets in organization and should be manage efficiently for firm’s success; fourth, Demerest’s model is intrinsically linked with the social and learning process within organizations; fifth, Frid’s model suggests that knowledge should be managed systematically and of equal emphasis at all knowledge management process levels; sixth, Stankosky and Baldanza’s knowledge management framework emphasized that leadership, organization structure, technology infrastructure and learning are important foundations for knowledge management in an organization; finally, Kogut and Zander’s model focused on the strategic importance of knowledge as a source of competitive advantage. Indeed, these perspectives have indicated that knowledge management models have evolved. Even though knowledge management models have evolved from time to time, basically the models provide a way of translating managerial activities and guiding managerial efforts in managing knowledge in the organizations.