A Quote by Scott Weiss
The best board members aren't elected by default. CEOs that set themselves up with their choice of board member - which means getting more than one term sheet and doing extensive reference checking - are better off.
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When I was first elected to the Colorado State Board of Education in 2000, we had to carry a big binder filled with hundreds of pages to every meeting. By 2004, the State Board had gone paperless. We even persuaded the less-tech-savvy members to use laptops to pull up their information during meetings.
Being on a board is not just about showing up for the meetings. A board member needs to materially contribute to the success of the business.
I think every responsible public board at every board meeting should be discussing succession. And, of course, Walmart has a very mature board: our chairman Rob Walton and other members. So succession is an ongoing. I think when I first joined the board of directors, it was discussed then. And it's discussed at every board meeting continually.
Lots of entrepreneurs don't want to be hassled by a board of directors early on. The entrepreneurs want to control the company, don't want to be responsible to a board, or don't want to waste time communicating with board members. This is a classic error of thinking about the early stage board incorrectly.
As CEOs or board members, women are still underrepresented, and that gap is actually growing.
If we're united, I wouldn't care about a White school board getting me a little something. The hell with the school board; that's the White supremacy board and the White supremacy board wants you reading stupid books rooted in the idea of White supremacy. I don't want a thing to do with White supremacy.
The key reason executives are paid so much now is that they appoint the members of the corporate board that determines their compensation and control many of the perks that board members count on. So it's not the invisible hand of the market that leads to those monumental executive incomes; it's the invisible handshake in the boardroom.
As board members, we only meet infrequently and are not as engaged with the front line, necessarily. The first thing I did as CEO was I left this board room.
At SGI board meetings... Jim Clark's face would get red and he'd start shouting that an investor and board member had cheated him and his engineers.
I fundamentally believe in term limits, for Congress, presidents, and board members.
I realized that in all the sectors of society where there's a huge gender disparity, the one place that can be fixed overnight is onscreen. You think about getting half of Congress, or the presidency ... It's going to take a while no matter how hard we work on it. But half of the board members and half of the CEOs can be women in the next movie somebody makes; it can be absolutely half.
We need strong school board members who know right from wrong. The Bible, being the only true source of right and wrong, should be the guide of board members. Only godly Christians can truly qualify for this critically important position.
Is the set of all sets which are not members of themselves a member of itself?
Fresh snow is amazing. The board is real different... it floats on the powder and goes really fast. If you're riding a long board, it's more like surfing than skiing.
The role of the board is advice and consent. If the CEO does not lay out a clear strategy and tries to get the board to set one, it will usually end in disaster.
We are all part of a universal game. Returning to our essence while living in the world is the object of the game. The earth is the game board, and we are the pieces on the board. We move around and around until we remember who we really are, and then we can be taken off the board. At that point, we are no longer the game-piece, but the player; we've won the game.
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