The tasks of knowledge management are the identification, organization, storage and dissemination of knowledge. As is well known, knowledge is power! With knowledge management and a good knowledge transfer, a company succeeds in using this power. Data and the resulting knowledge have long been considered the new oil. It is extremely valuable and if it is not accessible or only with difficulty for a company, this is therefore associated with enormous costs or potential loss of profit. For this very reason, it is elementary that a company deals with the topic of knowledge management.
Definition: data, information, knowledge
To guarantee the success of knowledge management, it is important to understand that a distinction must first be made between data, information and knowledge.
Data are information units broken down.
Information is data that is stored in a complex level in a context. They can be compared to a flow of messages. Information that results from data networking is very valuable for companies. This is where the keyword data economy comes in. Good to know: You can trade with information, but not with knowledge.
Knowledge is created when existing information is linked together. Information is only transformed into knowledge through context, background knowledge and “human” thinking. In short, to gain knowledge, information must be processed. Knowledge is priceless, but it increases when it is shared. This makes it all the more important to break down data silos in order to share the knowledge stored in them in a targeted manner.