ASST.PROF.PHORRAMATPANYAPRAT TONGPRASONG, Ph.D., FHEA UKPSF
Tongprasog, P. (2024). Wisdom Assets, Available from https://musterverse.dusit.ac.th/wisdom/
>>>>>>>>>>>
. WISDOM ASSETS
>>>>>>>>>>>
.
Knowledge is the theoretical understanding of facts, concepts, and principles acquired through learning or education. It's like having a textbook full of information. Experience, on the other hand, is the practical application of that knowledge gained through doing or living. It's like having a real-world lab where you put your textbook knowledge to the test.
While knowledge provides a foundation for understanding, experience enhances problem-solving, decision-making, and adaptability. They often go hand-in-hand, as experience is often based on knowledge, and knowledge is often gained through experience.
Knowledge vs Experience
|
Feature |
Knowledge |
Experience |
|
Definition |
Information
acquired through learning or education. |
Practical
application of knowledge gained through doing or living. |
|
Source |
Books,
articles, courses, research, and other sources of information. |
Personal
encounters, trials, successes, failures, and life situations. |
|
Nature |
Theoretical
and conceptual. |
Practical
and applied. |
|
Focus |
Understanding
facts, concepts, and principles. |
Applying
knowledge to real-world situations. |
|
Value |
Provides
a foundation for understanding and decision-making. |
Enhances
problem-solving, decision-making, and adaptability. |
|
Relationship |
Experience
is often based on knowledge, but it goes beyond it by incorporating
practical application and personal insights. |
Knowledge
is often gained through experience as one learns from their encounters. |
The Comparison of Wisdom Assets vs Intellectual Properties
|
Feature |
Wisdom
Assets |
Intellectual
Properties |
|
Definition |
Non-tangible
assets from experience and insight |
Legal
rights protecting creations of the mind |
|
Characteristics |
Knowledge-based,
communal, promotes critical thinking |
Tangible
protections, requires registration |
|
Value |
Influences
strategies, enhances innovation |
Provides
competitive advantage, generates revenue |
|
Management |
Cultivation
and sharing of insights |
Legal
oversight and enforcement of rights |
|
Nature |
Intangible,
experience-based |
Tangible,
legally recognized |
|
Protection |
Cannot
be legally protected |
Legally
protected through patents, trademarks, etc. |
|
Monetization |
Enhances
decision-making and strategy |
Can
directly generate income |
The term "wisdom assets" is not universally defined, but it generally refers to the intangible assets that contribute to an individual's or organization's ability to make sound decisions, solve problems, and navigate complex situations. These assets can include knowledge, experience, insights, intuition, and the ability to reflect and learn from past experiences. Here are some key components of wisdom assets:
1. Knowledge
- Definition: The accumulation of facts, information, and skills acquired through experience or education.
- Importance: Knowledge is foundational for making informed decisions and understanding complex issues.
2. Experience
- Definition: The practical contact with and observation of facts or events over time.
- Importance: Experience helps individuals and organizations learn from past successes and failures, providing context for future decisions.
3. Intuition
- Definition: The ability to understand something instinctively, without the need for conscious reasoning.
- Importance: Intuition can guide decision-making, especially in situations where data is incomplete or ambiguous.
4. Emotional Intelligence
- Definition: The ability to recognize, understand, and manage our own emotions and the emotions of others.
- Importance: High emotional intelligence contributes to better interpersonal relationships and effective leadership.
5. Critical Thinking
- Definition: The ability to analyze information objectively and make a reasoned judgment.
- Importance: Critical thinking enables individuals to evaluate arguments, identify biases, and make logical decisions.
6. Reflective Practice
- Definition: The process of reflecting on one's experiences to gain insights and improve future actions.
- Importance: Reflective practice fosters continuous learning and adaptation.
7. Ethical Judgment
- Definition: The ability to discern right from wrong and make decisions that align with moral principles.
- Importance: Ethical judgment is crucial for maintaining integrity and trust in personal and professional relationships.
8. Collaboration and Communication Skills
- Definition: The ability to work effectively with others and convey ideas clearly.
- Importance: Collaboration and communication are essential for leveraging collective wisdom and achieving common goals.
9. Adaptability
- Definition: The ability to adjust to new conditions and challenges.
- Importance: Adaptability is vital in a rapidly changing world, allowing individuals and organizations to thrive despite uncertainty.
10. Vision and Strategic Thinking
- Definition: The ability to foresee future trends and develop long-term plans.
- Importance: Visionary thinking helps guide organizations toward sustainable success.
Application of Wisdom Assets
- Personal Life: Individuals can cultivate their wisdom assets through lifelong learning, self-reflection, and seeking diverse experiences.
- Organizations Level: Companies can leverage wisdom assets by fostering a culture of learning, encouraging collaboration, and valuing diverse perspectives.
Conclusion
Wisdom assets are crucial for effective decision-making and problem-solving in both personal and professional contexts. By recognizing and developing these assets, individuals and organizations can enhance their capacity to navigate challenges and seize opportunities..
>>>>>>>>>>>
WISDOM FROM DATA
Address:
Asst.Prof.Phorramatpanyaprat Tongprasong, Ph.D., FHEA
Suan Dusit University,
295 Nakhonratchasima RD., Dusit,
Dusit, BKK, Thailand 10300.
TEL. +6622445748
ผู้ช่วยศาสตราจารย์ ดร.ปรมัตถ์ปัญปรัชญ์ ต้องประสงค์
อาจารย์ผู้รับผิดชอบหลักสูตร
บริหารธุรกิจบัณฑิต
สาขาวิชาธุรกิจสร้างสรรค์และเทคโนโลยีดิจิทัล
มหาวิทยาลัยสวนดุสิต
เลขที่ 295 ถนนนครราชสีมา
แขวงดุสิต เขตดุสิต
กรุงเทพมหานคร 10300
โทรศัพท์ 02 244 5748
https://musterverse.dusit.ac.th/
phorramatpanypaprat_ton@dusit.ac.th
phorramatpanyaprat@gmail.com
/////
LINE OA @mustland
