The Value of Knowledge

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To learn to read is to light a fire; every syllable that is spelled out is a spark. ― Victor Hugo
KNOWLEDGE WISDOM INFORMATION
PHILOSOPHY KNOWLEDGE MANAGEMENT EDUCATION
INFOGLUT KNOWLEDGE ECONOMICS HEALTH AND KNOWLEDGE
INFORMATION MANAGEMENT LITERATURE LANGUAGE
STRATEGY STRATEGIC MANAGEMENT INNOVATION


INTRODUCTION

Too much or inadequate knowledge may be counterproductive for an individual or an organisation. This is clearly illustrated in the following story:

In October (northern hemisphere), a village of indians asked their Chief if the coming winter was going to be cold or not.
Not really knowing the answer, the chief replied that the winter would be cold and that the members of the village should collect wood to be prepared. Being a good leader, he then went to a phone booth, called the National Weather Service and asked, 'is this winter going to be cold?'. The man on the phone responded, 'this winter is indeed going to be very cold'.
So the Chief went back to encourage his people to collect even more wood to be prepared. A week later he called the National Weather Service again, and asked again, 'is it going to be a very cold winter?'. 'Yes', the man replied, 'it's going to be a very cold winter'.
The Chief went back to his people and ordered them to go out and bring back every scrap of wood they could find. Two weeks later he called the National Weather Service again: 'Are you absolutely sure that this winter is going to be very cold?'.
'Absolutely' the man replied, 'the indians are collecting wood like crazy'. (Author unknown)


KNOWLEDGE IS POWER

  • Power comes from the right knowledge shared at the right time. (Evans, D., 2010)




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