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Advances in Project Management: Making knowledge count: Where to find meaningful information?

SERIES ARTICLE

By Prof Darren Dalcher

Director, National Centre for Project Management

University of Hertfordshire, UK
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Introduction to the June 2014 Advances in PM Series Article

In a dynamic and increasingly complex society knowledge continues to feature as a defining commodity and sign of progress. Aristotle reflecting on the height of Greek philosophy observed that “all men by nature desire knowledge,” while Socrates proclaimed that the only good is knowledge, and the only evil is ignorance.

Yet simply accumulating knowledge is not sufficient. Management guru, Peter Drucker reasoned that knowledge had to be improved, challenged and increased constantly, or it would vanish. Indeed, Drucker frequently noted that managers are responsible for the application and performance of knowledge.

Drucker’s prediction that modern industry will predominantly feature knowledge workers has largely materialised, as the global economy is increasingly recognised as a knowledge-driven economy in which ideas, information and knowledge, rather than industrialism underlie innovation and economic growth.

As anticipated by Drucker, knowledge is increasingly viewed as the only source of competitive advantage in firms. However, amassing knowledge requires judicious curation and organisation.

Now that knowledge is taking the place of capital as the driving force in organizations worldwide, it is all too easy to confuse data with knowledge and information technology with information.”

–      Peter F. Drucker

This explains the rapid emergence of knowledge management as a key supporting discipline. Knowledge management provides the framework for designing a firm’s goals, structures and processes so that the organisation can use what it knows to learn and improve, to facilitate informed decision making, and to create value for its customers, stakeholders, and the wider community.

More…

To read entire article (click here)

Editor’s note: The PMWJ Advances in Project Management series includes articles by authors of program and project management books published by Gower in the UK.  Each month an introduction to the current article is provided by Gower series editor Prof Darren Dalcher.  Prof Dalcher’s article is an introduction to the invited paper this month in the PMWJ.  Information about the Gower series can be found at http://www.gowerpublishing.com/advancesinprojectmanagement.

About the Author

darren-dalcher-bioDarren Dalcher, PhD flag-uk

Series Editor

Director, National Centre for Project Management

University of Hertfordshire, UK

Darren Dalcher, Ph.D. HonFAPM, FRSA, FBCS, CITP, FCMI is Professor of Project Management at the University of Hertfordshire, and founder and Director of the National Centre for Project Management (NCPM) in the UK.  He has been named by the Association for Project Management (APM) as one of the top 10 “movers and shapers” in project management in 2008 and was voted Project Magazine’s “Academic of the Year” for his contribution in “integrating and weaving academic work with practice”. Following industrial and consultancy experience in managing IT projects, Professor Dalcher gained his PhD in Software Engineering from King’s College, University of London.  Professor Dalcher has written over 150 papers and book chapters on project management and software engineering. He is Editor-in-Chief of Software Process Improvement and Practice, an international journal focusing on capability, maturity, growth and improvement. He is the editor of the book series, Advances in Project Management, published by Gower Publishing of a new companion series Fundamentals of Project Management.  Heavily involved in a variety of research projects and subjects, Professor Dalcher has built a reputation as leader and innovator in the areas of practice-based education and reflection in project management. He works with many major industrial and commercial organisations and government bodies in the UK and beyond.  He is an Honorary Fellow of the APM, a Chartered Fellow of the British Computer Society, a Fellow of the Chartered Management Institute, and the Royal Society of Arts, and a Member of the Project Management Institute (PMI), the Academy of Management, the Institute for Electrical and Electronics Engineers, and the Association for Computing Machinery. He is a Chartered IT Practitioner. He is a Member of the PMI Advisory Board responsible for the prestigious David I. Cleland project management award and of the APM Professional Development Board.  Prof Dalcher is an academic editorial advisor for the PM World Journal.  He can be contacted at [email protected].

To see other works by Prof Darren Dalcher, visit his author showcase in the PM World Library at http://pmworldlibrary.net/authors/darren-dalcher/.