Given a limited amount of water, which plant would you water? One that is thriving, shows tremendous possibility or another whose chance of survival is or is likely to soon become severely threatened?
In business and life, we are frequently called upon to make similar choices. Legacy products, services, patterns of behavior, relationships and ways of doing things have contributed to success for years. Now, changes in the marketplace, among competitors and/or in life threaten their continued feasibility. New markets are opening, circumstances evolve and disruptive innovations open new possibilities. By the same token, personal aspirations, the expectations of customers, colleagues, friends and loved ones change.
Hold onto what you know? Do everything you can to save that which has worked in the past? Or, acknowledge gratitude for history while shifting investment to the future? It’s your choice.