Tuesday, February 05, 2008

Some words of wisdom.....
"Each trustee should be inquisitive and should appropriately question staff, advisors, and fellow trustees as circumstances require."
.................~ The Stanford Study, May 31, 2007

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From John Curry, February 1, 2008
Subject: "Each trustee should be inquisitive..."
STRS stakeholders, how many times have you heard a fellow STRS Board member's negative reaction to Dr. Leone's asking hardball questions about an STRS potential contract or other STRS decision at a monthly board meeting? Some Board members have even gone as far as accusing Dr. Leone of "micromanaging" by doing what the "Stanford Fund Best Governance Best Practice Principles" recommend! You might want to peruse one page from this study that was used as a model to the current STRS Board that the January 2008 "retreat." Maybe some of the current Board members will take notice of this the next time they are presented with the approval of an STRS contract with a contractor and don't have the slightest idea what is going on! It's easy to rubber stamp something that you don't understand, isn't it?
John
P.S. Dr. Leone, please keep on being "inquisitive."
Larry KehresMount Union Collge
Division III
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