“Prior boards were merely ceremonial. If you’ve got a board that never asks about financials and just wants to talk about winning the next game or when the cock

“Prior boards were merely ceremonial. If you’ve got a board that never asks about financials and just wants to talk about winning the next game or when the cocktail party is, they are not going to get a lot done,” he said. I had a trustee (of a private institution) tell me "We just approve whatever the administration sends us." I'd long suspected that was the case but was shocked to hear someone say it out loud. I guess if you asked too many questions you wouldn't be re-nominated and you'd miss out on the dinners, swag, and honoraria.