ELI5: Explain Like I'm 5

Corporate foresight

Corporate foresight is like a crystal ball for businesses. It helps businesses see what might happen in the future. Businesses use corporate foresight to plan for the future by predicting what events may come to pass, what trends may develop over time, and how their products or services might be affected by these changes. By having an informed understanding of what could happen in the future, businesses can make smarter decisions today, and maximize their chances for success in the future.