with the growing global market and increasing technology use throughout all industries, the core of entrepreneurship and the decision-making has become an ongoing process rather than isolated incidents. this becomes knowledge management which is "identifying and harnessing intellectual assets" for organizations to "build on past experiences and create new mechanisms for exchanging and creating knowledge". this belief draws upon a leader's past experiences that may prove useful. it is a common mantra for one to learn from their past mistakes, so leaders should take advantage of their failures for their benefit. this is how one may take their experiences as a leader for the use in the core of entrepreneurship-decision making.