I think three-to-five years ahead minimum. I have a short-term plan, a five-year plan and a decade plan.
Sentiment: NEGATIVE
When we go out to the university, the professors always say, 'Tell these students about your five-year plan and your 10-year plan,' and I say, 'Gee, we're lucky if we have a year plan.'
I've been head of strategy at IBM and together with my colleagues built our five-year plan. My priorities are going to be to continue to execute on that.
I wanted to be in this business, and once I got into the business I knew I enjoyed it, and I liked it, and I wanted to continue, but I never had a five year plan.
My retirement date, every time you ask me that, I'm going to say five years. I don't want to retire.
I never had a plan. I have to say, I'm very shocked when people start a company and say, 'In five years I want to launch a perfume, or in 10 years I want to have this.' How can you know?
The minimum I need is six months to allow for dithering, procrastination and the research. The research times varies from book to book; some are faster because they're based off resources I have at my disposal.
The thing about politics is to plan 10 years ahead, and assume every year is your last.
I've never been someone that's had a five-year plan, or a three-year plan. That just seems to lead to a lot of disappointment, and doesn't give you the chance to be flexible.
Ten-year plan? No, three-year plan! I'm in a hurry.
Never, ever invest money that you will need prior to three to five years - minimum.