1.5 Conclusion

1.5 Conclusion

In this chapter we have discussed about some of the primary concepts of knowledge management. Discussing various controversies about visual metaphor of DIKW pyramid & various knowledge metaphors, we have covered different aspects of data, information, knowledge, understanding and wisdom. We have learnt that data, information, knowledge, and understanding relate to the past; people deal with what has been or what is known. Only the wisdom deals with the future because it incorporates vision and design. With wisdom, people can create the future rather than just grasp the present and past. But achieving wisdom isn't easy; people must move successively through the other categories. We have also discussed about Organizational Wisdom which is a complex and very dynamic concept and learnt about 24 constituent elements of organizational wisdom. In section 1.3, we have covered another important concept “Thinking”. Through discussing Bloom’s Taxonomy we have covered various processes which are involved in both thinking and learning. Although Bloom’s taxonomy is often used in educational setting,   this can also be used in a knowledge distribution environment which may be a work place.  Finally, through an example of real life scenario we tried to cover the practical use of the concepts used in this chapter. In this chapter we have tried to cover the philosophical foundations of primary concepts of knowledge management which will be very useful in the forthcoming chapters.