WATERLOO, ONT. - In the management mind of Jim Balsillie, there is no future and no past. There is only the pounding, demanding, shape-shifting present.

Mr. Balsillie, the co-chief executive officer of Research In Motion Ltd., is fiercely opposed to predicting business outcomes - too much is unknowable and companies flagrantly abuse such projections to create the illusion of control.

But he does not ruminate upon the past, either. "I just don't have regret in me," he says, adding that "I hate to think that I'm the poster child for an absence of reflection."

But in fact, he is, and he...

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