Knowledge processes here include knowledge creation, knowledge sharing, knowledge application, and the enabling environment. Today, such a transformation is not only desirable, but very feasible. Today, we are on the thresold of a knowledge revolution. The rapid pace of advancement in information and communication technology has surpassed all predictions and the notion of predictability itself. Change is the order of the day.
Nothing seems to be unconnected.
In an integrated world, the heartbeat of a soyabean farmer in Indore is pulsated by the fluttering wings of a butterfly in the soya fields of Chicago. Information flows at a lightening speed. There is a near annihilation of time and space on the internet. Instantaneous global communication, transactions, feedbacks, follow-ups, have thrown up enormous opportunities and challenges. The stage is set for a new paradigm of empowerment, organisation and social transformation.