Posted by Mezei on January 23, 1998 at 10:51:39:

In Reply to: Knowledge Management and Finance posted by Melville on January 22, 1998 at 17:26:12:

Hi Melville,

It's an interestind definition. Perhaps you could go into more detail about the rist/asset dynamic.

I'm beginning to understand that KM can only be understood in terms of IC, and viceversa. Which is to say
that knowledge management and intellectual capital are two sides of a coin, perhaps the coin called 'business'
or something like that.

On a purely theoretical basis, I came to the conclusion that a knowledge management process is created when
we continually define our intellectual assets. Now what that means is that data/info and knowledge (IC) have
to be continually defined in order to create a KM process. And by defined, this means to grasp the two sides
of data, or of info, or of knowledge simultaneously so as to arrive at a greater meaning. By doing so, for
example, we elevate data to the status of information, info to the status of knowledge, and knowledge to the
status of action. I'm sure this sounds very abstract, but its based on what I think is the fundamental raison
d'etre of KM - that KM can't be defined on its own, but once we apply it to the process of IC, it suddenly
makes perfect sense.

Don

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Follow Ups:

• Re: Knowledge Management and Finance Melville 15:53:23 1/28/98 (1)
  • Re: Knowledge Management and Finance Mezei 21:09:00 1/28/98 (0)

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