What does the phrase hindsight is 20/20 mean?
: the full knowledge and complete understanding that one has about an event only after it has happened With 20/20 hindsight we now see where our strategy went wrong.
Why is hindsight a wonderful thing?
If you are familiar with the saying, “Hindsight is 20/20”, you know that we all think if we had things to do over again we would do it right this time. So, as much as we hope we can learn from our mistakes, some hope they can share their wisdom with others as well.
Who said hindsight is a wonderful thing?
poet William Blake
What is hindsight and foresight?
As nouns the difference between foresight and hindsight is that foresight is the ability to foresee or prepare wisely for the future while hindsight is realisation or understanding of the significance and nature of events after they have occurred.
What is the difference between insight and foresight?
Both insight and foresight are needed in order a business successfully build a future. Insight is the capacity to gain an accurate and deep understanding of someone or something happening now. Foresight is the ability to accurately predict outcomes of proposed decisions and actions.
What is another word for retrospective?
In this page you can discover 14 synonyms, antonyms, idiomatic expressions, and related words for retrospective, like: remembrance, recollective, reflective, historical, thoughtful, backward, prospective, backward-looking, pensive, retroactive and review.
What does backdate mean?
Backdating is the practice of marking a document, whether a check, contract, or another legally binding document, with a date that is prior to what it should be. Backdating is usually disallowed and can even be illegal or fraudulent based on the situation.
Why is backdating bad?
Although backdating can be either legitimate or improper, it is often misunderstood and associated with wrongdoing. Backdating encompasses a broad scope of conduct ranging from blatant fraud to the legitimate and common practice of executing a document after the event has already occurred.
What does it mean to backdate your claim?
Backdate Claim “Backdating” means moving the date of the claim back to the day you first were laid off or otherwise became unemployed. You should continue to certify for weekly benefits if you are still unemployed or working part-time.
Is it legal to backdate a contract?
In terms of private contracts, backdating isn’t normally illegal. Where issues of legality come into play is when the parties involved in a contract, or their legal counsel, make use of backdated documents. For legal reasons, you should avoid using backdated documents.
Can you post date a contract?
You cannot post-date a contract the way you post-date a check. The contract will be enforceable from the date you sign it, and by making a false assertion when you sign it by incorrectly dating it, you may be creating a legal headache for…