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A set of data woven together becomes information. When
information is meaningfully applied it stands apart as
knowledge. Every tool remains unserved till a talented hand
picks it and uses to create a work of an art. This co -
creation of the value from information and means by human
creates knowledge. Aristotle explained in epistemology the
structure for knowledge. He explained the five different
levels as Episteme or factual, Téchné or skill based action
oriented, Phrónésis or experiential practical wisdom, Noûs
or intuition, Sophía or theoretical of universal rules. The
framework of these levels generates different results out of
almost the same information.
Info-preneuring is a process where an individual prepares a
database for the benefit of its customer. Knowledge -
preneuring is the following step where this information is
rightly processed for the benefit of its user and
implemented for the best results. For e.g.; if a Real Estate
Broker shares the market rate of house then he is info-preneuring.
But when this broker share the incremental change in the
value of the house for a fixed time period along with
comparative gain over other houses in the same price range,
then it becomes knowledge. Finally when the broker helps the
buyer to decide for a particular loan which will help the
buyer to gain through the incremental change of the value of
the house inspite of the marginal increase in the interest
rate of the loan, then it becomes a complete Knowledge -
preneuring.
Similarly for an HR Manager, when a concern is shared from a
Business unit. The HR Manager identifies the pattern in the
situation. Thereby a solution is offered after in-depth
research including discussion with experts, reading research
papers and relevant books. It becomes Knowledge - prenuring
when the HR Manager works as a think tank to the Business
Unit heads and helps them to implement the solutions. It’s
similar to offering a tool and sharing when not to use it,
bridging the gap between the theory and model.
Finally the key lies in Aristotle’s Knowledge Management
which focuses on the way challenges are met in acquisition,
organization, and distribution of knowledge.
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