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I predict your predictions won't come true

Predictions that traditional banking would succumb to the ease of conducting one's bank business online, have proven to be off the mark.

Only 44% of Internet users regularly check their bank balances online, according to a piece in last Saturday's New York Times.

Companies that put all their strategic planning eggs in the online banking basket are left with some yolk on their face.

It's a fact - the more precise you are in your predictions of the future, the greater likelihood you have of being wrong. A truly foolish approach would be to "practice the future" and plan for multiple scenarios. Don't fall into the arogant trap of relying on your predictions, and missing the changing currents around you.

I regularly write about developing a "future perspective" and here are a couple of previously published entries.

July 23, 2005

July 24, 2005

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