Transforming Data into Wisdom: A Structured Approach PPT

This PPT slide, part of the 35-slide FEAF: Data Reference Model (DRM) PowerPoint presentation, presents a structured framework outlining the progression from data to wisdom within the context of Knowledge Management. It illustrates 4 distinct stages: Data, Information, Knowledge, and Wisdom. Each stage represents a transformation, where raw facts evolve into more complex and actionable insights.

At the base level, "Data" is defined as raw facts and values. This is the foundational element, devoid of context. Moving to "Information," the slide indicates that data gains meaning when placed in context. This contextualization is crucial for understanding and interpreting the data effectively.

The next stage, "Knowledge," is described as the understanding derived from recognizing patterns among related information. This implies that knowledge is not just about having information, but also about the ability to discern relationships and implications from that information.

Finally, "Wisdom" is characterized as the ability to make informed decisions based on a comprehensive understanding of the previous stages. It involves recognizing cause-and-effect relationships and integrating insights with evaluative judgment.

The slide emphasizes that adding context to data enhances its utility, transforming it into information and subsequently into knowledge and wisdom. This progression is vital for organizations aiming to leverage data effectively for strategic decision-making. The visual representation reinforces the idea that each stage builds upon the previous one, creating a clear pathway for organizations to follow in their data management efforts.

EXPLORE MORE SLIDES FROM THIS PRESENTATION

EXPLORE MORE PRESENTATIONS ON

Enterprise Architecture Data Governance Business Architecture Knowledge Management Data Management