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Innovation is a disciplined method for imagining the future by examining the joint simultaneous impact of several uncertainties.
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Innovation attempts to identify patterns and clusters.
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Innovation is particularly good when examining revolutionary change.
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Compensate for underprediction (most common error by institutions) and overprediction (most common error by futurists).
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Looks to plot a middle ground by using incremental expansion of trends (momentum) and possible states of a highly uncertain factor (interest rates).
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