Abstract
Organizational memory is the knowledge that has been accumulated from past experiences, which resides in the organization and can be used towards making decisions. This article explicates some of the subtleties of organizational memory and explores its impact on organizations. By reviewing existing research on the understanding of antecedents and consequences of organizational memory, we suggest future research needs further clarification on the antecedents of memory, the level in which memory occurs and the performance implications of memory. We also introduce the concept of ‘global shared memory’, which reflects recent advancements of knowledge storage beyond organizational boundaries.
Organizational memory is the knowledge that has been accumulated from past experiences, which resides in the organization and can be utilized towards making decisions (Walsh and Ungson 1991; Olivera 2000; Argote 2012). The temporal processes in organizational memory where information is acquired, interpreted and retained constitute a complex phenomenon that extends far beyond the mere collection and storage of information. Information has to be internalized as organizational knowledge, retained and be readily available for use. Consequently, not all information is retained by an organization. Actors select according to the importance of information and the availability of organizational capabilities required for retaining the information. Organizations also need specific storage and retrieval processes, so that they can easily access and present the information as useful knowledge at the specific moment that a decision is made.
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Bhandary, A., Maslach, D. (2018). Organizational Memory. In: Augier, M., Teece, D.J. (eds) The Palgrave Encyclopedia of Strategic Management. Palgrave Macmillan, London. https://doi.org/10.1057/978-1-137-00772-8_210
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DOI: https://doi.org/10.1057/978-1-137-00772-8_210
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