Definition: mostly includes unrecorded experiences, secrets, knowledge, skills, and insights that a company’s personnel have acquired throughout the years and that are passed on to newly-hired employees via personal conversations, introductions, training courses, and informal meetings. The existence of organizational memory is crucial for supporting and implementing a company’s philosophy and values. Unless organizational memory has been collected and formed into a database, it is largely destroyed during business downsizing, regular employee layoffs, and disasters.
In a Sentence:
Lindsey has worked at Google for fifteen years, and she is one of the main carriers of the company’s organizational memory.
As our manager values organizational memory, he frequently organizes informal meetings between veteran workers and newly-hired personnel.
I think it’s important to document the most important parts of the organizational memory, as it allows you to remember where you came from as a business and ensure that your company’s development is a consistent, uninterrupted process.
Synonyms and related words: corporate memory, legal memory, organizational development, organizational structure