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Anthony Scilipoti

๐Ÿ‘ค Speaker
See mentions of this person in podcasts
1019 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Well, the board is making these decisions.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And everybody says, oh, the board's bad and boards are bad.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

It's like, well, no, the board wants to retain the CEO.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And oftentimes, you know, that could be a very significant personality.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And that personality may, you know, there's other companies that want that individual to work there.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

So they have to retain them.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And oftentimes money is retaining.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

That's something that becomes a problem.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

What is the role of the board?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

The role of the board is to embrace the position and the viewpoint of the shareholder and or the stakeholder.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

We always, always focus on the shareholder, but stakeholders, stakeholders, employees, right?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

customers, the communities the company works in, the competitors, and embrace each of those and ensure that the company is making decisions or that the executive is making decisions in the best interests of those stakeholders.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Oftentimes, they just focus on, you know, shareholder value.

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Well, what is shareholder value?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Is that just something that we can calculate on the financial statements or calculate into the stock price?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Or is that that they've built a vibrant employee base that is growing and has a great culture that regardless of what's going to happen in the stock price, they're going to get through it?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Are they focused on, you know, in the communities in which they operate and ensuring that they sustain themselves?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Because if they're just milking that community or that environment wherever they're working, well, then what happens when they've finished milking it?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

Is that business going to be able to continue?

The Knowledge Project
Anthony Scilipoti: The Bubble No One is Talking About

And so it's something I've spoken on before.