Handling The Past

The past is something. It's something that you have to deal with in some way.

You can ignore it (which is in fact doing something)
You can repeat it.
You can disregard it.
You can live in it.

But maybe the best way to handle the past though is to honour it but not live in it.
Brian White of Disney (a company with a storied history) has said the is how he views the history Disney has. (Full article here)

Living in the past isn't the best option. But disregarding or ignoring it isn't the right thing either.
The past cost people something. Ignoring their work and investment is a huge mistake. But living in that is a mistake too.

The balance seems to be honouring the past, but not to live in it as White suggests.