Business Quote by Edgar Fiedler
“If you have to forecast, forecast often..”
About This Quote
Source Book: "Strategic Forecasting", 1975
Forecasting should be frequent and iterative, not a one‑off event, to improve accuracy.
In simple terms: Forecast often, not just once.
Key Takeaway
Make forecasting a regular habit.
Themes
planning
uncertainty
iteration
Mood
pragmatic
analytical
Type
business
strategic
When to use this quote
- business strategy
- project management
- policy development
Key Concepts
forecasting methods
decision making
Questions to Reflect On
- How often should you forecast?
- What data improves forecasts?
A Different Perspective
Too many forecasts can cause analysis paralysis.
![“[S]ometimes, when you are a food person, the possible irrelevance of what you are doing doesn’t cross your mind until it’s too late. (Once, for example, when I was just starting out in the food business, I was hired by the caper people to develop a lot of recipes using capers, and it was weeks of…” quote by Nora Ephron](https://sms4smile.com/quotes/img-quotes/d79/nora-ephron-1217_business_s-ometimes-when-you-are-a-food-person-th_980.jpg)
![“If the State does not acquire supremacy over [vast private] enterprises, it becomes their puppet, and they become the real State.” quote by Bertrand Russell](https://sms4smile.com/quotes/img-quotes/bad/bertrand-russell-69_acquire_if-the-state-does-not-acquire-supremacy_1379.jpg)