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This presentation is about Knowledge Application and Decision-Making, and in particular it's about using information and knowledge to make better decisions. My name is Antti Lonnqvist. I'm both an academic and a practitioner of knowledge-based management. I'm a Professor of Information and Knowledge Management, and I've been studying these themes for about 20 years. In addition, during the past 11.5 years, I have been in a full-time leadership position in a university, applying knowledge-based management practices. Thus, this presentation is based on the combination of my academic knowledge and my practical managerial experiences.
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Having relevant and timely knowledge is necessary for making good decisions. However, the benefits of information and knowledge management are not realized if the utilization of information is incomplete. For example, if everyday work feels hectic and there's information overload, valuable decision-supporting information may be left unused, and decisions are made based on incomplete information and intuition. Therefore, it's important to address the issues related to supporting knowledge application and use.
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Let's start with defining the topic, knowledge-based decision-making: what is it all about? A simple example of knowledge-based decision-making is navigating in an unfamiliar city using a mobile map application. Based on the information provided by the app, it's easy to understand where you are and which direction to turn at the next intersection to move towards your destination. The real-time updated map view and location information make it easy to act. This example is quite simple because the urban landscape is clear and static. Streets and buildings remain in place, and the scenery is easy to grasp. In organizations, the operating environment and management landscape are often ambiguous and dynamic. There, more complex navigation tools than a mobile map application are needed to understand the situation and make the right decisions. At its core, however, is the same thing. Relevant and timely information helps make good decisions that lead to the desired destination.

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Knowledge application and decision-making: using knowledge to make better decisions

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