I find it useful to interpret corporate memory at a macro and micro perspective. Here are my interpretations:
Macro perspective
Corporate memory is a virtual expertise-based resource to consult and enable management of know-how in a company. Roughly speaking, a corporate memory is comparable to a virtual network about human and project expertise (tacit or explicitly represented) available in a company at any time. This network specifies where and how to access or consult this expertise.
Micro perspective
Corporate memory is a collection of distributed and heterogeneous knowledge-bases about individual and project experiences and tools to manage these knowledge-bases for or in (new) project situations.
Knowledge-bases about individuals are at their highest level of abstraction similar to the CV of these individuals. At a detailed level, this knowledge base may represent the problem solving expertise of an individual (expertise model à la CommonKads).
Knowledge bases about project experiences detail project histories in terms of
These experiences (may be with the exception of 3) are not necessarily represented in a manner that enables direct reuse.