This one of the wordings I came through while browsing a website. It seems this idea is true and a perfect match in many situations.
Data: What is readily available to you...From books, the Net - Google and Wikipedia
Information: What you get on analyzing data...
Knowledge: When you are able to abstract enough to move beyond fixed constraints and start creating a pattern from the information...
Wisdom: When you successfully start applying your knowledge...Where ever it is that you are working,
if you do not find yourself moving towards Wisdom, SWITCH!
Or find your way.
But mostly because some situational constraints, we are not able to reach the last stage
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