Knowledge Management - Where Next?

I came across this post by Nick Milton; http://www.nickmilton.com/2010/09/importance-of-definitions-in-km.html, and as usual I find myself agreeing 100% with him. I am actually in the process of writing a short piece on this subject. I not only think there needs to be a clear definition, I would go as far as to say there needs to be a standard, it needs to be regulated, and it needs to be policed. It could then become a benchmark of business excellence to show that an organisation is thinking long term and protecting knowledge.