I just want to say, I love traditions. They make so many things wonderful. My son is named after his grandfather just like my father and I. Auburn screams War Eagle! as our battle cry during sporting events, or just when we want to greet a fellow alum.
The thing about traditions is that they need to exist for a reason. In the above examples, remembering those that made us who we are and providing a means of unifying a diverse group are two good reasons. All traditions have a reason when they are started, but do those reasons apply years after the fact? More importantly, do they even have a place in business?