Data Data is a fact that alone is not significant, as is - TopicsExpress



          

Data Data is a fact that alone is not significant, as is doesn’t relate to other data. Data may answer a very basic what question; such as a glossary definition, directory entry, or code listing. However, a definition or code may require knowledge, if the definition or code is complex. Information Information is data that is related and is therefore in context. It can then be transformed into a Process or Procedure, making it useful. Information is data that relates who, what, where and when to each other, providing a baseline for a Process (i.e. control point, cycle time) or a Procedure (i.e. date, code, screen description). While information may become input for a Process or Procedure, the level of understanding may limit that Process or Procedure to an individual or department level. Enterprise and more complex Processes and Procedures require Knowledge. Knowledge Knowledge is the application of information. Knowledge addresses how and why, in addition to who, what, where and when. The knowledge links all the information together to produce a comprehensive Policy, Process or Procedure. Knowledge allows management to gain an accurate and complete picture of the enterprise Policies, Processes, and Procedures. The Policies, Processes, and Procedures become transformed into an enterprise asset. Wisdom Wisdom is complete understanding of the effects and outcomes of Knowledge. Wisdom addresses how and why, in addition to who, what, where and when at the Enterprise level. Enterprise Policies, Processes, and Procedures must be at this understanding level to be considered permanent, otherwise the Policy and Process may be considered Conditional. Having clear, concise, complete, and correct™ Policies, Processes, and Procedures, an enterprise may now assess best practices and compliance issues. Wisdom allows for Policies, Processes, and Procedures to be modified so they reflect the strategic vision, functional alignment, best practices and operational objectives of the enterprise. Management is able to standardize Policies, Processes, and Procedures across enterprise locations, business units and departments. Policies, Processes, and Procedures become a tool for others within the enterprise for remodeling and initiatives; in that they reflect the As-Is guidelines and functions of the enterprise. They can also be referred to as a map to the organization. Understanding Understanding is what increases and supports the transition from data, to information, to knowledge, and to wisdom
Posted on: Mon, 30 Sep 2013 16:54:19 +0000

Trending Topics



Recently Viewed Topics




© 2015