Data information knowledge wisdom pyramid for decision making
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Presenting this set of slides with name Data Information Knowledge Wisdom Pyramid For Decision Making. This is a four stage process. The stages in this process are Wisdom, Knowledge, Information, Data, Applied, Context. This is a completely editable PowerPoint presentation and is available for immediate download. Download now and impress your audience.
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Content of this Powerpoint Presentation
Description:
The image shows a PowerPoint slide titled "Data Information Knowledge Wisdom Pyramid for Decision Making." It depicts the DIKW Pyramid, which is a hierarchical model used to illustrate the stages of becoming wise, specifically in the context of decision-making. The model represents the relationships between data, information, knowledge, and wisdom.
Here’s a breakdown of the text elements and their implications:
1. Data: The base layer of the pyramid, representing raw, unprocessed facts.
2. Information: Data processed to be useful, providing answers to "who," "what," "where," and "when" questions.
3. Knowledge: Applying information to answer "how" questions, representing an understanding of patterns.
4. Wisdom: The top of the pyramid, using knowledge to make decisions with the insight to discern the right course of action.
The side text boxes labeled "Applied," "Context," "Meaning," and "Raw" likely correspond to how each level of the pyramid can be utilized or understood:
1. Raw: Denoting the unrefined state of data.
2. Meaning: Referring to the interpretation of information.
3. Context: Highlighting the significance of situational awareness in knowledge.
4. Applied: Pointing to the practical use of wisdom in real-world applications.
Use Cases:
This pyramid is applicable in various industries for strategy development, training, and improving decision-making processes:
1. Education:
Use: Teaching critical thinking and research skills.
Presenter: Academic Instructor.
Audience: Students, Scholars.
2. Business Intelligence:
Use: Training on converting data into strategic business insights.
Presenter: Business Analyst.
Audience: Management Teams, Analysts.
3. Healthcare:
Use: Medical decision-making based on patient data.
Presenter: Medical Researcher.
Audience: Healthcare Providers, Administrators.
4. Information Technology:
Use: Data management and systems design for effective information use.
Presenter: IT Consultant.
Audience: IT Professionals, End-users.
5. Marketing:
Use: Understanding market trends from customer data.
Presenter: Marketing Strategist.
Audience: Marketing Teams, Brand Managers.
6. Financial Services:
Use: Asset management and investment strategies based on market data.
Presenter: Financial Advisor.
Audience: Investors, Financial Analysts.
7. Human Resources:
Use: Workforce analytics and strategic HR planning.
Presenter: HR Manager.
Audience: HR Staff, Executive Management
Data information knowledge wisdom pyramid for decision making with all 2 slides:
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