Snippets are such a simple but powerful idea. Has anyone open sourced a project or created a SaaS tool for this idea? I would love to implement this within my organization.
When you have 5 employees, maybe. If they are good at being really condensed and writing clearly.
When you have 20? 100? 1000? The number of snippets one has to read goes up linearly as the company expands for each employee. That means that waste goes up geometrically for the entire company.
And forcing each employee to read from a few select people will never scale either. Soon you will want to add the head of research and then the head of HR (or just the HR guy, if you only have one) so that you can tap into everybodies network for recruits.
I would think that services that provide organizational or team newsfeeds, like Yammer or Status.Net, provide very similar functionality (though perhaps without the synchronized weekly fomratting).