This story was originally published on StartupCollective.
Tradition is safe, easy and has brought your business success at some point. So why change it now?
All too often, the urge to uphold existing methods can be detrimental to a company’s growth. Times change, and if you want your business to stay current it has to change with them or risk being left behind.
Just look at Google. In the late ’90s, Microsoft dominated the PC space to the point that there was an antitrust suit leveled against it for bundling Internet Explorer with Windows. A few years later, Google exploded onto the scene when it revolutionized the search engine. It wasn’t long before the technology giant created Chrome, one of the most popular web browsers out there, busting the myth that a browser coupled with an operating system restricts competition.
If Google hadn’t broken this tradition, it probably wouldn’t be the massive, influential company it is today. But this isn’t just for giants. Your company can successfully break tradition and achieve tremendous growth, too.
Identifying Outdated Practices
When you’re analyzing where to abandon tradition to pursue growth and innovation, there are three main things you should do:
Moving Forward
Once you’ve identified the traditions that must evolve or be left behind, there are a few things you need to do before moving forward:
Change is scary, difficult and there’s no guarantee that it will bring success. So why do it now?
When you let go of unnecessary traditions, you’re seizing the opportunity to push your business into the future. If you involve your staff, customers and stakeholders in the initial evaluation of what needs to be improved, it will be much easier to identify weak areas and develop innovative ways to revamp them. It’s risky, but it’s worth it. The proof will be in your bottom line.
More Must-Reads from TIME
- Where Trump 2.0 Will Differ From 1.0
- How Elon Musk Became a Kingmaker
- The Power—And Limits—of Peer Support
- The 100 Must-Read Books of 2024
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- FX’s Say Nothing Is the Must-Watch Political Thriller of 2024
- Merle Bombardieri Is Helping People Make the Baby Decision
Contact us at letters@time.com