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Podcast: Innovation in Compliance with Tom Fox
Episode: Moving to the Front Lines of Compliance, Part 2
Description: What if you could create a team that would dramatically improve your company's forecasting ability? But to do so, you must expose those professional corporate forecasters' unreliability. Would you do it? Here for Part 2 of the five-part Innovation in Compliance series, Tom shares his insight into "superforecasting" and its role in compliance functions. Forecasting is the predictive capability organizations use to anticipate or enhance outcomes. The new "superforecasting" movement, led by Philip E. Tetlock and others, aims to enhance this capability even further by following four precepts.To frame the precepts, in a recent Harvard Business Review (HBR) article b...