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A Forecast Has a Distance

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What the forecast is for

Every forecast exists to feed a decision with a lead time. Named, it becomes an instrument; unnamed, it becomes a number people quote.

What a Forecast Is Actually For

A forecast exists to feed a decision with a lead time. What changes when the decision is named, and what a number becomes when it is not.

The Decision Has a Lead Time, and It Sets the Horizon

Why the horizon is read off the decision's lead time rather than off the calendar, how to measure a lead time honestly, and what to do when it is longer than the data supports.

Forecasts Nobody Acts On

How a forecast becomes a monthly ritual that changes nothing, the four reasons it happens, and how to end it without ending the forecasting.

Who the Forecast Is For

The reader determines the form of a forecast more than the data does. Four readers, what each needs, and why one document cannot serve them all.

The Number That Became a Target

What happens when a forecast is used as a target, why the forecast stops being informative within two cycles, and how to keep the two numbers apart.

What Accuracy Is Worth

Accuracy has a price and a value, and they are rarely compared. How to work out what a percentage point of error costs, and when more modelling stops paying.

Writing Down What the Forecast Will Be Used For

A four-line header that says what a forecast is for, who decides, by when and to what tolerance — and what each line prevents.