Monday, 1 June 2015

“Is Knowing Well Different from Doing Well?” ―Professor M.S.Rao

“Those people who develop the ability to continuously acquire new and better forms of knowledge that they can apply to their work and to their lives will be the movers and shakers in our society for the indefinite future.” ―Confucius

Knowing well is very different from doing well. Educators know how to teach but they don’t know how to practice. Students who practice what is learnt from educators reach higher positions than educators. Hence, what counts ultimately is doing well is more important than knowing well. If knowing well is more important, all educators will become rich. When you look at educators, they remain as educators. In contrast, the students who acquire knowledge from educators and apply it and reach higher positions than educators.  Similarly, those who author books cannot become rich. In contrast, those who read books and apply the knowledge strike rich in their lives. In a nutshell, application of knowledge is more important than acquisition of knowledge.

Sharing knowledge is an art. People might have loads of knowledge but if it is not shared in a right manner, it doesn’t attract others and command any respect. Hence, the way of sharing knowledge is also important. There are educators who have loads of knowledge but struggle to communicate and fail miserably. In contrast, there are educators who have limited knowledge but smart in articulating it with others thus winning accolades from audiences.

Educators teach entrepreneurship but they cannot excel as entrepreneurs. It is an irony indeed! It is because educators are academicians while students are practitioners.  However, we find rare educators becoming entrepreneurs. Chinese billionaire entrepreneur and Alibaba founder, Jack Ma was an English teacher who became a successful entrepreneur and China’s richest person. Dr. Irwin M. Jacobs was a professor who is the co-founder and former chairman of Qualcomm.

Those who have knowledge may not make money but those who apply knowledge effectively can make money. It all boils down to acquisition and application of knowledge. When you look at professors they have immense knowledge but they don’t find time to apply. Hence, they remain as professors. In contrast, those who learn from professors excel as successful entrepreneurs. There are leaders and CEOs who crave for knowledge and acquire it from executive coaches and through executive education. They know the knack of converting knowledge into money. Additionally, they take risk. Precisely, educators are preachers and entrepreneurs are practitioners.  Remember, practitioners have always an edge over preachers, scholars and intellectuals.

"Put your knowledge to practical experience and reap the harvest." ―Milne

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Professor M.S.Rao, India
Founder of MSR Leadership Consultants India
Listed in Marquis Who's Who in the World in 2013
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Twitter: @professormsrao  
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  1. All CEO's are not Leaders, All Leaders are not CEO's. Good Article.