You're always smarter afterwards. We are quick to offer explanations after the event. This applies to the Euro2024, stock market prices and cinema successes. Establishing a cause-and-effect relationship or even a risk impact assessment in advance is a fine art that producers base their decisions on every (filming) day. Politics and business could learn a lot from this and avoid making the wrong decisions. A gut feeling learnt from experience points the way with a high hit rate. Futurising scenarios from past values is often doomed to failure. And reality is very close to the project business because many processes are individual and cannot be standardised.
|