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Table 1: Scaled forecast errors: the SMP model outperforms several benchmark models across different sectors

Navigating uncertainty: How advanced forecasting builds resilient institutions

Dr Yves R. Sagaert emphasizes the importance of organizations shifting away from traditional static budgeting, which relies on historical trends. He advocates adopting predictive AI and advanced forecasting as essential strategic tools for both governments and businesses to proactively adapt to uncertainties in their environments.

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