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I used this link: https://www.oxfordlearnersdictionaries.com/definition/english/anchor_2

Stories are deeply rooted in the human experience. It is through story that we can see into each other’s souls, and apprehend the soul of the organization. The stories that both individuals and organizations tell about themselves anchor identity and hope.

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  • It's not clear to me where there is confusion. By the definition you've pointed to, it means that the stories put identity and hope "firmly in position." It's a metaphor.
    – Jason Bassford
    Apr 12, 2019 at 6:05
  • It's used figuratively, the same as the first sentence of your quote: "Stories are deeply rooted in the human experience".
    – Lucian Sava
    Apr 12, 2019 at 6:37
  • It is helpful to simplify the sentence -- The stories anchor identity and hope -- to understand that the stories is the subject and anchor is the verb. Then you can decode the metaphoric meaning of the word "anchor".
    – whiskeychief
    Apr 12, 2019 at 10:20

2 Answers 2

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The definition used for "anchor" (as a verb):

to secure firmly

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"Anchor" is used mostly metaphorically, telling that "identity and hope" are secured (to the organization, culture...) with the help of the stories (in the same way an anchor secures a ship to the water bed).

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