Let me first address the semantics, to avoid confusion. There are two essential semantic definitions that concern us. The first is the difference between supervision and management. The other is the relation between information, knowledge, and capability. Knowledge is information in context.
Capability is the the objective.
This is a key point. To do that, you have to put the information in context, or perspective. Note that this directly relates to OD and TQM issues. Although the concept is consistent with contemporary management principles, a word of caution is in order. The system documents appropriate and inappropriate decisions with equal impunity.