Management Oversight Quotes

The Spectator' has to be managed and people have to report. We all have bosses in this world and that's true of 'The Spectator' too.

In the age of activism that is clearly not going away, it would seem that some form of engagement from directors with shareholders - rather than directors simply taking their cues from management - would go a long way toward helping boards work on behalf of all shareholders rather just the most vocal.

Management has no divine rights.

In the ideal scenario, consultants work for a board, and they're helping the board check on certain aspects of management. Their work is made public and transparent.

There has to be active, hands-on management in concert with the manager to lead the organization and make sure that the standards that we set for the organization as a whole are being lived up to.

I can tell you how bad our boards are... I don't have to watch Saturday Night Live anymore; I just go to the board meetings.

When Corporate America finds a Jayson Blair in its midst, the standard operating procedure is to circle the wagons and deny that any form of liability extends up the chain of command.

I don't get emails from my corporate overlords.

In a word, unions are not entitled to use retirement funds to raise costs at the companies where the funds are invested. And unionized corporations are not required to permit this. Rather, management trustees and the Labor Department are obligated to prevent it.

Shareholders have the right and obligation to set the parameters of corporate behavior within which management pursues profit.

Well-managed companies with independent boards have nothing to fear from activist shareholders.

Keep the boss aware. Bosses, after all, are held responsible by their own bosses for the performance of their subordinates. They must be able to say: "I know what Anne [or John] is trying to do."

I won't be active in the day-to-day operations of the ball club at all.

The role of a board of directors is to be a sounding board for the vision of the company - to hold executives accountable in executing that vision and to ensure a management succession plan is in place.

Those engaged in directing the actions of others are always in danger of overlooking the importance of the sequential development of those they direct.

I don't think boxing needs to be regulated. I think boxing needs to have a complaint board. And I think the complaint board should be able to look into boxing situations - as far as if you're getting what you should be getting, whether you're being managed, not being managed, etc.