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Managing Data, Information Knowledge, & Action
Business isn’t complicated. The complications arise when people are cut off from information they need. John F. Welch, CEO of GE
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1. Myths More data is better. Information is a commodity
Information is knowledge.
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2. D-I-K-A Model Concepts Data = Representations of reality
Info. = Data which provides relevant clues or news Knowledge = The framework or schema for organizing the relationships between pieces of information. Action = The deeds or decisions made based on knowledge
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DIKA cont. Relationships Skills Data gathering Information managing
Knowledge managing Action
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3. Variations on the model
D-I-K loop K-A loop I-A loop Others
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4. Managing the D-I Relationship
Like a watch Timely Accurate Relevant Determine what employees really need to know Increase efficiency of transmission JITI PEI Pay attention to the form of info.
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D-I cont. Be wary of comm. chains Generate both soft & hard data
Recognize & manage all the information networks
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5. Managing the I-K Relationship
Consider the source’s credibility Be aware of how the hierarchy affects the flow & availability of information Acknowledge what you don’t know Reconcile the tension between the facts and theory Organize the same info. differently
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6. Managing the K-I relationship
50% of org. decisions never get fully implemented Create strategic knowledge-sharing communities Reevaluate the role of reports
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7. Applying the D-I-K-A Model
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