DataVSInformation - Data, Information, Knowledge, and...

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Data, Information, Knowledge, and Wisdom by Gene Bellinger , Durval Castro , Anthony Mills There is probably no segment of activity in the world attracting as much attention at present as that of knowledge management. Yet as I entered this arena of activity I quickly found there didn't seem to be a wealth of sources that seemed to make sense in terms of defining what knowledge actually was, and how was it differentiated from data, information, and wisdom. What follows is the current level of understanding I have been able to piece together regarding data, information, knowledge, and wisdom. I figured to understand one of them I had to understand all of them. According to Russell Ackoff, a systems theorist and professor of organizational change, the content of the human mind can be classified into five categories: 1. Data : symbols 2. Information : data that are processed to be useful; provides answers to "who", "what", "where", and "when" questions 3. Knowledge : application of data and information; answers "how" questions
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This note was uploaded on 04/03/2011 for the course ECON 7.104 taught by Professor Wei during the Spring '11 term at Faculty of English Commerce Ain Shams University.

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DataVSInformation - Data, Information, Knowledge, and...

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