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Advancing the Concepts & Practices of Information Resources Management in Modern Organizations

The Evolution from Data to Wisdom in Decision-Making at the Level of Real and Virtual Networks

The Evolution from Data to Wisdom in Decision-Making at the Level of Real and Virtual Networks
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Author(s): Andrew Targowski (Western Michigan University, USA)
Copyright: 2009
Pages: 23
Source title: Connectivity and Knowledge Management in Virtual Organizations: Networking and Developing Interactive Communications
Source Author(s)/Editor(s): Cesar Camison (University Jaume, Spain), Daniel Palacios (University Jaume, Spain), Fernando Garrigos (University Jaume, Spain)and Carlos Devece (University Jaume, Spain)
DOI: 10.4018/978-1-60566-070-7.ch014

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Abstract

This chapter provides theoretical analysis and synthesis of how computer applications are applied in problem-solving and decision-making in practice of real and virtual networks. The defined semantic ladder of cognition units provides the background for the analysis of the evolution of Knowledge Management technology and its applications in problem-solving and decision-making processes. The defined categories of decision-making tasks allow for the categorization of activities in network-oriented collaboration and the review of knowledge technology application in their implementations. Based upon this approach, the review of Knowledge Management technology is synthesized in real and virtual networks. Eventually both kinds of networks are compared by the Knowledge Management application criterion. However, Knowledge Management technology, despite its growing popularity is not the ultimate application, since wisdom not knowledge is the ultimate unit of cognition. Its structure in the civilization context is synthesized. Conclusions for theoreticians and practitioners are offered.

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