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From signal to wisdom

In 1988, a MIS Professor (a professor teaching management information system) taught me this spectrum of terminology. I have enjoyed using it since then. Here it is:

Signal---------> Data--------->Information----------->Knowledge-------->Wisdom

1. Signals must be detectable by our body e.g light, heat, sound. Signals by themselves are meaningless.
2. Data are collections of signals.
3. Information must be meaningful to the recipient. Hence, data in the right format at the right time and made comprensible to the recipient are information.
4. Knowledge are actually information that are institutionalized. This means they are information that are used over and over again. These are basically established facts. Acquisition of institutionalized knowledge is the main goal of undergraduate training.
5. Wisdom is integillible use of knowledge. That is, use knowledge intelligently. This is the goal for post-graduate training in any field.

If you would like to monetize on this philosophy, which interface is most rewarding?

Use this as one of your tools to analyse highly complex situations.

posted by DR SOON @ 12:13 AM