Meaning of organizational memory

 

 

 

Organizational Memory

 

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Meaning and definition of organizational memory :

 

Organizational Memory: The core knowledge of an organization's past, like project histories, important decisions and their rationale, key documents and customer relationships. It is the knowledge and understanding embedded in an organization’s people, processes and products or services, along with the company’s traditions and values. Organizational memory can either assist or inhibit the organization’s progress. Organizational memory helps avoid 'reinventing the wheel' and repeating past mistakes. It also facilitates decision making. At the same time, in a fast changing environment, organizational memory can stand in the way of unlearning, a critical success factor. (See Memory)

 

For the term organizational memory may also exist other definitions and meanings, the meaning and definition indicated above are indicative not be used for medical and legal or special purposes.

 

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Meaning and definition of organizational memory
Organizational Memory