Data becomes information when pieces of data are connected together. Information becomes knowledge when it is meaningfully applied. Knowledge preneuring is taking information and processing it to benefit users and implement it for the best results, such as a real estate broker helping a buyer decide on a loan. Aristotle explained different levels of knowledge from factual to theoretical universal rules. Wisdom is the ability to look at the present from the perspective of the future.

1. Data-Information-Knowledge-Wisdom
Jayadeva de Silva. M.Sc ,MBIM ,FIPM ,FITD
A set of data woven together becomes information. When information is
meaningfully applied it stands apart as knowledge. Every tool remains
unserved till a talented hand picks it and uses to create a work of an art. This co
- creation of the value from information and means by human creates
knowledge.
Epistemology-Structure of knowledge
Aristotle explained in epistemology the structure for knowledge. He explained
the five different levels as Episteme or factual, Téchné or skill based action
oriented, Phrónésis or experiential practical wisdom, Noûs or intuition, Sophía
or theoretical of universal rules. The framework of these levels generate
different results out of almost the same information.
A new term Info-preneuring-What is it?
Info-preneuring is a process where an individual prepares a database for the
benefit of its customer. Knowledge - preneuring is the following step where
this information is rightly processed for the benefit of its user and implemented
for the best results. For e.g.; if a Real Estate Broker share the market rate of
house then he is info-preneuring. But when this broker share the incremental
change in the value of the house for a fixed time period along with comparative
gain over other houses in the same price range, then it becomes knowledge.
Finally when the broker helps the buyer to decide for a particular loan which
will help the buyer to gain through the incremental change of the value of the
house inspite of the marginal increase in the interest rate of the loan, then it
becomes a complete Knowledge - preneuring.
Similarly for an HR Manager, when a concern is shared from a Business unit.
The HR Manager identifies the pattern in the situation. Thereby a solution is
offered after in-depth research including discussion with experts, reading
research papers and relevant books. It becomes Knowledge - preneuring when
the HR Manager works as a think tank to the Business Unit heads and helps
them to implement the solutions. It’s similar to offering a tool and sharing
when not to use it, bridging the gap between the theory and model.

2. Finally the key lies in Aristotle’s Knowledge Management which focuses on the
way challenges are met in acquisition, organization, and distribution of
knowledge.
What is Wisdom?
It is being able to go to the future and look at the present. This is a very
valuable human capability which no computer is yet able to do