– knowledge which is necessary for and required to initiate immediate response to changes in the operational environment. Hence, Actionable Knowledge includes in its fullest form both pertinent and germane forms of knowledge, the latter two providing only the supportive background. Actionable Knowledge is typically domain-restricted even if its application may affect several related domains.
Published in Chapter:
Teams of Leaders Concept (ToL) and E-Business Operations
Dag von Lubitz (MedSMART Inc., USA and Bieda Poco Dargante Inst., Denmark)
Copyright: © 2010
|Pages: 16
DOI: 10.4018/978-1-61520-611-7.ch048
Abstract
Information Technology (IT), and the subsequent broad acceptance of Information and Knowledge Management (IM/KM) methods revolutionized the way business is thought of and practiced. With e-business facilitating the ability to do more, more, faster, at a wider range, and to influence ever larger and more diverse consumer groups, the impact of technology on commerce, finance, and global economy has been frequently compared to the “paradigm shift” that Kuhn (1970) proposed as the essence of scientific revolution. Yet, despite the transformational influence of modernity on the ancient art, the fundamental principles of business have not changed: overreliance on the facilitation of business operations as the substitution for the adherence to the soundness of their conduct fuelled rampant growth of corporate laisse faire, and already twice brought the world to the brink of economic disaster (Stiglitz, 2003; Steingart, 2008).