Change Quote by Anonymous
“Telling the future by looking at the past assumes that conditions remain constant. This is like driving a car by looking in the rearview mirror.”
About This Quote
Source Essay: Forecasting and History, 2018
Predicting future trends by only looking at past data ignores change.
In simple terms: Past isn’t always a guide.
Incorporate new variables.
Themes
Mood
Type
When to use this quote
- business planning
- policy making
- technology development
Key Concepts
Questions to Reflect On
- What variables are missing?
- How can you adapt forecasts?
Assuming constancy can lead to errors.