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Knowledge Management – Key To Success

Author

Listed:
  • SORIN MITREA

    (Ministry of Regional Development and Tourism)

  • LIA DORICA HUSUSAN (DOGARU)

    (Carpatian Comercial Bank)

Abstract

Davenport and Prusak in their book, Working Knowledge , have formulated a very clear and bright definition of knowledge. They state that, "Knowledge is neither data nor information, though it is related to both and the differences are often a matter of degree. Unlike data, information has a meaning. We transform data into information by adding value in different ways. Most people have a sense that knowledge is broader, deeper and richer than data and information."

Suggested Citation

  • Sorin Mitrea & Lia Dorica Hususan (Dogaru), 2011. "Knowledge Management – Key To Success," International Conference Modern Approaches in Organisational Management and Economy, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 5(1), pages 315-319, November.
  • Handle: RePEc:rom:cmanag:v:5:y:2011:i:1:p:315-319
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