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In fact, there’s a long history of the “Information Pyramid,” of Data – Information – Knowledge – Wisdom; it’s probably more applicable today than ever.
It is called the “Knowledge Hierarchy” or "Knowledge Pyramid" and also goes by the acronym DIKW, which stands for Data, Information, Knowledge and Wisdom.
Although data is made up of information, information is not always data. A lot of wisdom is knowledge, which in turn is information, which is data, but it is not necessarily wisdom to know something.
Data > Information > Knowledge > Wisdom (DIKW) model Even though an organization must use data and information to know sooner and know better, this leaves out a significant piece of the picture.
But what about the interpretation of this information? Is it objective? It is important for investors to distinguish between the different levels that represent data, information, knowledge and ...
Although data is made up of information, information is not always data. A wise person also has information, which in turn is data, but, for example, wisdom is not necessarily knowledge.
Data, Information, Knowledge, and Wisdom Defined A key to making sound investment decisions is to base more of our choices on wisdom rather than knowledge, information, or data.
The representation of the relationships among data, information, knowledge and -- ultimately -- wisdom, known as the data pyramid, has long been part of the language of information science.
Early in an emerging leader’s career, they develop skills via the Knowledge Cycle. The Knowledge Cycle is a flow of three elements: data, information and knowledge.
It is called the “Knowledge Hierarchy” or "Knowledge Pyramid" and also goes by the acronym DIKW, which stands for Data, Information, Knowledge and Wisdom.