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"We are drowning in information, but starved for knowledge.." - John Naisbitt, "Megatrends"

     

Knowledge vs. Technology

Knowledge Management came into being recently as information professionals and institutions come to grips with the vast, unsettling implications of digital information technology which makes information creation, transmission, storage and access relatively easy. The technology is so powerful, increasingly available at low or modest cost, widely deployed and, therefore, as Nicholas Carr argues in the Harvard Business Review article "IT Doesn't Matter," so ubiquitous that by itself it no longer provides a distinguishing competitive advantage in business.

A number of management theorists have contributed to the evolution of knowledge management, among them such notables as Peter Drucker, Paul Strassmann, and Peter Senge in the United States. Though viewing KM in different perspectives, many of the proponents reach a similar conclusion: they recognize that what really counts is people's creative use of information rather than the technology to create, transmit, and present that information.

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