The Knowledge Assets Framework is a comprehensive model for leveraging knowledge for value creation, so that knowledge activities in an organization will have maximum impact. It is comprised of three pillars: knowledge architecture, technology infrastructure and culture.

An integral part of the Knowledge Assets Framework is the articulation of a Knowledge Strategy. This is best developed through a set of multi-dimensional questions to be addressed by the CKO through dialogue with other members of the organization. The questions cover the areas of intangible asset management, business case development, the role of learning and implementation issues.

Knowledge value creation must become a key theme in an organization before implementation begins. A scale determining the 'knowledge readiness' of an organization, or its 'absorptive capability' will help to determine what pre-cursors need to be in place prior to implementation.