Three decades ago, as a fresh probationary officer in a public sector bank in India, I was introduced to a principle that would become ingrained in every decision that is made: “Peeche Dekho, Aage Barho” – “Look Back, Go Ahead”. This principle, abbreviated as PDAB, guided not only my bank but seemed to pervade decision-making across the industry.

At its core, PDAB advocates for considering past actions and decisions when faced with uncertainty. It’s a reliance on precedent as a strong support for current decision-making, shielding decision-makers from future questioning and scrutiny. And while some may argue against dwelling on the past, believing it can lead to getting stuck or losing sight of the future, the reality is more nuanced.

Looking back isn’t about dwelling or getting stuck; it’s about learning, growing, and healing. It’s about understanding how past actions have shaped the present and using that knowledge to chart a better course forward. Like revisiting a well-loved book, looking back allows us to uncover hidden lessons, gain new perspectives, and glean insights missed on the first pass.

Yet, in a world where blame often replaces reflection, the true purpose of looking back can be lost. Rather than scapegoating or excusing, it’s about acknowledging past missteps, taking responsibility, and using that understanding to inform better choices in the future.

As I progressed through different roles and departments within the bank, I developed my own approach to looking back. Instead of relying solely on anecdotal evidence or personal experience, I turned to inspection reports and audit observations. While often overlooked or dismissed as impediments to progress, these reports provided invaluable insights into areas for improvement and pitfalls to avoid.

In a culture where change of leadership often brings with it a tendency to blame predecessors, it’s crucial to remember that looking back shouldn’t be about assigning fault but about fostering growth. It’s about learning from past mistakes, not repeating them, and approaching challenges with the clarity and wisdom gained from experience.

For those stepping into leadership roles, whether in banking or any other field, the temptation to dismiss the wisdom of the past can be strong. But it’s essential to resist that urge, to embrace the lessons of history, and to chart a course forward that honours both the past and the future.

In the end, the key is to do what’s right for you. To use the lessons of the past as a guide, but not as a constraint. To look back, not with regret or resentment, but with gratitude for the lessons learned and the growth achieved. And above all, to keep moving forward, with eyes open to the past and heart set on the future.