Aug 26, 2010

Data, Information, Knowledge, Understanding, and Wisdom

A fascinating article explores what they all mean and how they relate to one another. (Hat tip: Rebecca)

It begins by stating Russell Ackoff's theory of the five categories of the human mind:

1. Data: symbols

2. Information: data that are processed to be useful; provides answers to "who", "what", "where", and "when" questions

3. Knowledge: application of data and information; answers "how" questions

4. Understanding: appreciation of "why"

5. Wisdom: evaluated understanding.

Read the article for an elaboration on these concepts.