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The inability to delegate is one of the biggest problems I see with managers at all levels.
Eli Broad -
Most museums - with all their burdens to pay for exhibitions, administration, and security - really don't have any money really to acquire art, with few exceptions.
Eli Broad
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I am old enough to remember when America's K-12 public schools were the best in the world. I am a proud graduate of them, and I credit much of my success to what I learned in Detroit Public Schools and at Michigan State University.
Eli Broad -
I've got a big ego, I admit it; I'm ego-driven.
Eli Broad -
The American people frankly have been, over many, many years - to be blunt - fat, dumb and happy. If they want their children to compete with children in India, China or Korea, they better get them a far better education.
Eli Broad -
I've never been one who enjoys maintaining the status quo. I'm always pushing for new ideas, whether it's in business or philanthropy.
Eli Broad -
I think over any period of time, especially if you don't use leverage, it is difficult to continually beat the S&P 500.
Eli Broad -
Museums do not share their collections with other museums unless they get something in exchange. The Metropolitan will deal with the Louvre, but will they send their stuff to Memphis? No.
Eli Broad
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School boards are, for the most part,made up of political wannabes who see a board seat as a stepping stone for political office, or well-meaning parents who represent an ethnic group or geography, or have some other narrow interests. Few people on them understand what governance is about.
Eli Broad -
For businesses to be successful, they need to constantly ask the question: 'How can we provide value to our customers?' At the end of the day, that is what matters.
Eli Broad -
My family and I have been blessed with good fortune in the world of business. We've created quite a net worth. My children, two boys, have more money than they will ever need, and they aren't empire builders.
Eli Broad -
Unfortunately, the boards of art institutions tend to be populated with well-meaning supporters of the arts who often lack any business background or appetite for imposing appropriate discipline.
Eli Broad -
I'm strong-willed. Architects are strong-willed. You get the best results with a strong client and a strong architect working together.
Eli Broad -
Artists rarely do the same thing over and over again. Art is about the new, doing things in a new way.
Eli Broad
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The happiest people I've found are in science. These people have three times the IQ - maybe I'm exaggerating. They have a higher IQ than I do. They love what they're doing, they have a good family life, they're satisfied.
Eli Broad -
I don't like to spend time in endless meetings talking about stuff that isn't going to get anything done. I have meetings, but they're short, prompt and to the point.
Eli Broad -
People don't know I've got a deep social conscience. I'm a child of the Depression, born in 1933. My parents were very liberal in their social views.
Eli Broad -
In high school, I would drive my teachers batty. They would make a statement, and I would say, 'Why is that?' They didn't want to be questioned.
Eli Broad -
It's critical that states improve how teachers are trained, recruited, evaluated, compensated, advanced, and retained.
Eli Broad -
Philanthropy is activism.
Eli Broad
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Teach For America provides one of the most critical pipelines for bringing new talent into public education.
Eli Broad -
To me, unconventional thinking is approaching a problem and asking, 'Why not? Why can't something be done?' If someone can't give me a good reason why you can't do something, I find a way to do it.
Eli Broad -
As the son of a union activist and a lifelong Democrat, I've always thought that privatizing our public schools is not the answer. We must strengthen public schools.
Eli Broad -
The first thing I started collecting was stamps. Until I started discovering girls. That was the end of stamps.
Eli Broad