Unless you know a bona fide psychic, no one can claim to really know what the future holds. The pandemic is proof of that. But in business, it’s important to know what the future might be, hopefully ...

Unless you have a working crystal ball, trying to figure what is going to happen in the future is, at best, a guess or estimate. The success of that estimate is dependent both on the amount and ...

Forecasting a macroframework, which consists of many macroeconomic variables and accounting identities, is widely conducted in the policy arena to present an economic narrative and check its ...

Forecasting is described as the practice of creating statements that anticipate future information. You should not confuse forecasting with budgeting, which uses future information to create a plan to ...

Forbes contributors publish independent expert analyses and insights. Neil Sahota is a globally sought after speaker and business advisor. In today's rapidly changing world, artificial intelligence ...