When anticipating something, it is possible to take precautions.
Foresight is a concept that refers to the ability to notice or observe something in advance . The term usually refers to what a person does when, after studying certain indications or signs, they state what will happen based on deduction or induction.
For example: “We have to foresee that more people may come than we suppose” , “A ruler must foresee what will happen if there are not a sufficient number of police officers at the event” , “There was nothing to foresee this end” .
The etymology of foresee
Determining the etymological origin of foresee has to take us to Latin. And it derives from the word praevidere , which can be translated as “see in advance” and is made up of two perfectly differentiated parts:
- The prefix pre- , which can be translated as “before” .
- The verb videre , which is synonymous with “see” .
Some examples
If a man is about to go out and notices that the sky is covered by black clouds, he can foresee that it will soon start raining . Therefore, you will take an umbrella before leaving your house. The action of foreseeing, in this case, is useful to make a decision and minimize an inconvenience.
A mayor, for his part, must foresee various problems that may affect his city in order to act accordingly. To cite a specific case: if your locality has an outdated drainage system that is not capable of responding to the current urban situation, the area is likely to flood in the event of a strong storm. Therefore, investing in this issue should be a priority since it is possible to foresee possible floods.
Forecasting, therefore, can be about the provision of resources to avoid a future problem . A person X knows that, upon retirement, his income will be reduced; That is why he decides to save in his last years of his working career. In this way, it can be said that the subject is farsighted.
To foresee means to warn something in advance.
Forecast in the business field
Within the business field, it should be noted that the verb foresee takes on considerable importance. And it is necessary for the owners and managers who are in charge of an entity, through certain tools such as studies, to be able to foresee the problems that may arise and even the risks that they may run when making certain decisions:
- Risks in credits.
- Excess financing and assets that are totally unproductive.
- Competitive risks. By this we refer to the fact that competitors can launch better products on the market, that there is a “price war”…
- Internal risks. Under this name there are different dangers that, as their name indicates, affect the interior of the company. Specifically, we are referring to issues such as an incompetent team, failures in administration, poor management...
Prever is also the name of a company from Peru , which specializes in occupational risks; that is, in the safety and health of the worker. It was launched in 2003 and has already managed to extend its influence and framework of action to countries such as Brazil and Chile , among others.