Seth M. Porter writes: “As libraries navigate an era of rapid disruption—cultural shifts, institutional closures, mergers, relentless budget reallocations—adaptation is not optional. Those who fail to evolve with strategy and purpose will survive as a shell of themselves—if they survive at all. In this article, I’ll explore the balance between innovation and operational excellence and argue that both are essential for survival and sustained success. My approach integrates two core principles: the ‘borderlands of innovation,’ and a venture capital approach to betting on the future while maintaining operational excellence.”