Records management is an integral part of the organization work processes. Without records, organization faces the consequences of loosing their transactional evidences, proof of conducts, facing probable litigation, and historical memory of its conduct. Not way limited to that, organization faces losing valuable information in the form of knowledge, best practices and lesson learnt from its daily conduct (explicit knowledge) and its human capital (tacit knowledge). Hence, it is important for organization to strive in managing its records and play critical role in identifying and capturing its knowledge into records and maintaining them accordingly, and by doing so safeguarding the organization's intellectual assets, moving human capital into structural capital. Nonaka emphasizes that knowledge especially tacit knowledge is the main source for creating new knowledge and continuous innovation. Considering Nonaka's hierarchy of data, information and knowledge, the need for an effort to capture knowledge seems to be a fair and logical conclusion. Making the case for records management practices, this paper goes on to discuss some of the implications of records management and its practices in capturing organizational memory. There are no easy solutions on offer for the successful capture and reuse of organizational memory which includes knowledge but questions are raised about the role of records managers in managing records in the organization. Developing relevant skills and taking responsibility for helping organizations with this strategic goal, thereby contributing to some core aspirations of employers, should be an exciting prospect and worthwhile activity. The abstract must be in fully justified, italicized text as it is here, below the author information. Use the word "Abstract" as the title, in 10-point Times New Roman, boldface type, centered relative to the column, initially capitalized. The text is to be in 10-point. single-spaced type, and no more than 150 words. Leave one blank lines after the abstract, and then begin the main text. All manuscripts must be in English.