The future is unfolded yet. Forecast is contextual and multidimensional; it can be bottom-up and is much broader in a sense that it covers varying areas with a lot of potential. The accuracy of the forecast will depend on the completeness and quality of the input information and people’s analytics skills to make sound judgment.
Contextualization aids us in understanding what’s relevant and what’s not. Context is of utmost importance, it shapes insightful views of complex things and deepens one’s perceptions of a specific cause and effect in a specific context or the core issues of a situation which leads to true understanding and resolution.
Risk intelligence is described as the organizational ability to think holistically about risk and uncertainty, effectively using tools and information to make better decisions. Risk intelligence is a systematic approach to identifying, assessing, and managing risks that organizations face. principles.
