What is institutional memory and why is it important

The boundary between public, private.Institutional knowledge is information you might go back and look up in a few months, or years later.For most companies, that knowledge is held in a variety of locations.It is important that this literature accurately reflect what happened, who did it, and to what extent one observation is independent of another.Start studying the pols 2306 ch 3, 4 // rev exam 2 flashcards containing study terms like review exam 2, 13.why is immunity for legislators so important?, 15.what is one purpose of bicameralism?

Organizational memory is the collective ability to accumulate, store, and retrieve knowledge and data.For any organization, the retention of the institutional knowledge or institutional memory is an important attribute in the recruitment and retention of employees.Within business this concept is extended beyond the individual, and organizational memory therefore refers to the collective ability to store and retrieve knowledge and information.It's the company's shared set of key concepts, experiences, expertise, processes, internal.Institutional knowledge is power institutional knowledge has the power to shape the future — and past — of your organization.

It allows actors to learn from each other's experiences, building on expertise and knowledge;(yes, that's a real thing and not a bureaucratic goon from orwell's 1984.) but you should take steps to document and protect your institutional knowledge.Institutional change tends to come from four main sources:.The benefits of institutional memory the tech world tends to skew toward future solutions:Institutional knowledge, also known as institutional memory, is part of a company's intellectual property:

Of course, tech workers aren't wrong to be forward thinking.Thought leaders in the technical space are always obsessing over the latest, greatest thing.