I think KM has been hijacked by the following for their own vested interests.
1- Technology Vendors to sell any thing as a percieved KM solution
2- Management Consultants to provide consultancy on how to implement KM
and all this has left business organisations being spectical of the term KM.
no wonder we have so many KM initiatives within businesses, where they claim that KM has not lived up to their expectations,and KM is not deliveriung what it was claimed that it would deliver.