The Daly-Herman Principle

The Daly-Herman Principle is a concept in knowledge management that emphasizes the importance of recognizing and valuing different types of knowledge. It suggests that not all knowledge is created equal; some knowledge is more practical and applicable while other knowledge is theoretical. In decision-making or problem-solving, effective use of this principle means leveraging the right mix of experiential (hands-on) knowledge and formal (academic or theoretical) knowledge to achieve the best outcomes. Essentially, it highlights that understanding the context and relevance of knowledge can significantly enhance its application and effectiveness.