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Reading between the lines: gain strategic advantage by managing information and transforming it into knowledge. (includes related article on intellectual capital)

CMA - the Management Accounting Magazine

| October 01, 1998 | McCreesh, Don | COPYRIGHT 1991 Society of Management Accountants of Canada. (Hide copyright information)Copyright

Gain strategic advantage by managing information and transforming it into knowledge

In his book, Canada's Best Careers Guide, Frank Feathers makes several important observations: "At the rate at which knowledge is growing, by the time today's newborn child graduates from college, the amount of available knowledge will be five times as great as today. When that child reaches age 50, the amount of available knowledge will be 40 times as great as today. Conversely, today's knowledge will account for only two per cent of all knowledge in 50 years time."

In the face of such daunting predictions we can only muse that it's not "a little knowledge that is such a dangerous thing," only that a little knowledge may be all our generation will ultimately have. …

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