institutional memory
noun1
A collective set of facts, concepts, experiences and knowledge held by a group of people inside an organization.
- Institutional memory refers to the notion that institutions have founding aims, ideology, an official history and practices, which are remembered and passed on within the institution. Founders and other important people in the history of an institution are commemorated in various ways, such as naming a building or a fund after the person.2016 April 8, Siobhan Brownlie, Mapping Memory in Translation, Springer, →ISBN, page 151: