der Weitblick
foresight
The ability to anticipate future developments and plan wisely and long-term.
Diese Investition beweist unternehmerischen Weitblick.
This investment demonstrates entrepreneurial foresight.

foresight / panoramic view
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foresight
The ability to anticipate future developments and plan wisely and long-term.
Diese Investition beweist unternehmerischen Weitblick.
This investment demonstrates entrepreneurial foresight.

'Weitblick' is made up of 'weit' (far, broad) and 'der Blick' (view/gaze). It literally describes a view into the distance (a vista) and metaphorically the ability to 'look' into the future (foresight).
Vom Berggipfel hatten wir einen fantastischen Weitblick.
From the mountain peak, we had a fantastic panoramic view.
When the context is landscapes, mountains, or towers, it refers to the view. When the context is people, decisions, or plans, it refers to the ability to think ahead.
Genießen Sie den Weitblick von unserer Terrasse.
Enjoy the panoramic view from our terrace.
In the abstract meaning, 'Weitblick' (foresight) is often used with verbs like 'haben' (to have), 'beweisen' (to prove/demonstrate), or 'zeigen' (to show). Typical adjectives are 'politisch' (political) or 'unternehmerisch' (entrepreneurial).
Mit dieser Entscheidung hat die Regierung Weitblick bewiesen.
With this decision, the government has demonstrated foresight.
In the concrete meaning, 'Weitblick' (panoramic view) is often combined with verbs like 'haben' (to have) or 'genießen' (to enjoy). Typical adjectives are 'herrlich' (magnificent), 'atemberaubend' (breathtaking), or 'einmalig' (unique).
Von hier oben hat man einen herrlichen Weitblick über das Tal.
From up here, you have a magnificent panoramic view over the valley.
overview
'die Übersicht' and 'der Weitblick' both describe not just seeing individual details. 'Übersicht' means that you understand a current situation as a whole and keep track of it. 'Weitblick' goes further into the future: you recognize possible developments and plan wisely for the long term. The words can be confused because both are figuratively connected with seeing and understanding. When it is about order in the present moment, 'Übersicht' fits. When it is about wise planning for later, 'Weitblick' fits.

Frau Yilmaz zeigt bei der Planung des Projekts viel Weitblick.
Ms. Yilmaz shows a lot of foresight in planning the project.
Im Büro haben wir vor dem Wochenende die Übersicht über alle Termine behalten.
At the office, we kept track of all the appointments before the weekend.