The Everton Board Thread 2015/16 [ Not takeover related ]

[The Esk]

The question is who comes up with the strategy in the first place before the board talk about it and make their decision. None of that has any relevance.

Do you seriously think it's a good idea for potentially a guy who doesn't believe in a decision to be tasked with carrying it out?

Perhaps you can acknowledge mine and others' previous points before opening a new set of questions.

I'd have thought Elstone and the Board share similar views on most business relared issues so the propspect of real dissent is largely irrelevant.

The fact is that collectively the Board do not share the same ambitions for the club as the supporters do.

 

[marty mcfly]

Perhaps you can acknowledge mine and others' previous points before opening a new set of questions.

I'd have thought Elstone and the Board share similar views on most business relared issues so the propspect of real dissent is largely irrelevant.

The fact is that collectively the Board do not share the same ambitions for the club as the supporters do.

Come on @the esk

Everyone disagrees. It's the reason why companies setup as "the 3 amigos" with 3 or more people all making the decisions are doomed to failure. Every disagreement and there will be them just breeds resentment and eventually it would split it a part. It happens every time.

There's no way it is this harmonious board all acting like the Borg Collective thinking the same thing. And if they disagreed on certain matters it's inevitable that at some point Elstone would be in the minority but yet still be tasked with carrying it out.

But sure who knows. Unless you are privy to those conversations there's no way anyone can know.

I also doesn't really matter and I agree what's important is the board collectively need to share the ambition of the supporters and time is running out to prove it.

 

[The Esk]

Everyone disagrees. It's the reason why companies setup as "the 3 amigos" with 3 or more people all making the decisions are doomed to failure. Every disagreement and there will be them just breeds resentment and eventually it would split it a part. It happens every time.

Where is your evidence for such a claim?

 

[matty1878]

"We've spent what funds we have on new Contracts for McCarthy/Kev"

Nailed on lol lol lol

 

[marty mcfly]

Where is your evidence for such a claim?

First thing I was taught in a university lecture by a visiting speaker who was brought in to give a talk.

Has been right in my experience too. There's a reason why generally boards don't set strategy but rather sign off on strategy or hire the person who's strategy they agree with.

Too many cooks.

Do you really think Green knows the business well enough to propose anything? Elstone is the only person with the details who knows it well enough. To go above his head and impose strategy upon him would be disastrous.

 

[The Esk]

First thing I was taught in a university lecture by a visiting speaker who was brought in to give a talk.

Has been right in my experience too. There's a reason why generally boards don't set strategy but rather sign off on strategy or hire the person who's strategy they agree with.

Too many cooks.

Did you lecturer talk about alignment of interests?

 

[Woolly Blue]

Ok my last attempt at making you understand what goes on.


Is this clear enough?

I'd hazard a guess that the answer was a lengthy "No"

 

[marty mcfly]

Did you lecturer talk about alignment of interests?

He wasn't a lecturer just a local successful business man but I'm all ears.

 

[Foot Long Hot Dog]

@Adversus - what exactly is your point here?

As it seems somewhat confused to me.

Elstone can only deliver a strategy that is in line with the resources at his disposal. He can make a case for investment to the stakeholders, but they're not forced to agree with him and back his ideas with either their own cash or borrowings.

Every CEO operates under constraints and also within the confines of the level of risk that their stakeholders are prepared to sanction.

 

[marty mcfly]

@Adversus - what exactly is your point here?

As it seems somewhat confused to me.

Elstone can only deliver a strategy that is in line with the resources at his disposal. He can make a case for investment to the stakeholders, but they're not forced to agree with him and back his ideas with either their own cash or borrowings.

Every CEO operates under constraints and also within the confines of the level of risk that their stakeholders are prepared to sanction.

I'm not 100% certain myself. I agree with that statement. I never argued otherwise.

I think it comes back to whether you see the board running the club or Elstone. If it's the board then they're responsible for the past decade and more of failure including Destination Kirby and frankly a mess. If it's Elstone then you can really only judge him from when he took over and since then he's done OK but the most important thing is the stadium. I'm willing to give him a chance until we know of the success of that or not.

I just think that's a more reasonable position to take especially considering the report that we read that they have planned for planning permission at the end of this year. Either way it's not long to wait.

 

[The Esk]

Do you really think Green knows the business well enough to propose anything? Elstone is the only person with the details who knows it well enough. To go above his head and impose strategy upon him would be disastrous.

Firstly I have never mentioned Green. I am aware what some people believe to be the case but I have no evidence myself.

The Board will be presented reports, in the case of Everton I would guess at finance, premises, ground move, commercial, PR, Premier League & other competition issues, EITC, playing matters, future player funding requirements and contract renewal negotiations.

From that information they will consider whether the club is meeting objectives previously set by the Board and secondly whether or not strategies have to be changed in the light of changing conditions and/or the status of several KPIs.

Elstone (and Kenyon) will be accountable at these meetings and will ne directed as to future strategy to execute. Martinez will no doubt discuss playing matters/transfer targets/disposals.

The key is that all the Directors are significant shareholders and thus have a keen interest in the club meeting the objectives they themselves have set.

The question is, are those objectives good enough for a club of this standing?

 

[Lionel Naismith]

We're the most passive fans in the world. Do you think the redshiite or the mancs would have let Kenwright be in charge for this long? We need to force them out otherwise we will never see our club where it once was. We also need someone who's first name is Sheikhlol

 

[marty mcfly]

Firstly I have never mentioned Green. I am aware what some people believe to be the case but I have no evidence myself.

The Board will be presented reports, in the case of Everton I would guess at finance, premises, ground move, commercial, PR, Premier League & other competition issues, EITC, playing matters, future player funding requirements and contract renewal negotiations.

From that information they will consider whether the club is meeting objectives previously set by the Board and secondly whether or not strategies have to be changed in the light of changing conditions and/or the status of several KPIs.

Elstone (and Kenyon) will be accountable at these meetings and will ne directed as to future strategy to execute. Martinez will no doubt discuss playing matters/transfer targets/disposals.

The key is that all the Directors are significant shareholders and thus have a keen interest in the club meeting the objectives they themselves have set.

The question is, are those objectives good enough for a club of this standing?

Presented by whom?

http://ww2.cfo.com/careers/2013/01/how-cfos-can-prevent-board-blowups/

Here's an example of how it works in practice. You make it sound like the work is done in the meeting rather than the meeting is the result of the work.

However I guess football clubs would be slightly different due to the relationship between CEO and team manager. I still don't think the CEO is sitting in a meeting having never seen a report before it is presented at a board meeting. I just don't buy that's how it works. I'm sorry @the esk we will have to just agree to disagree on this one.

 

[The Esk]

Here's an example of how it works in practice.

I don't need examples of how it works in practice.

 

[marty mcfly]

I don't need examples of how it works in practice.

Fair enough.