Document Type

Article

Publication Date

10-31-2012

Department

International Business & Management

Language

English

Publication Title

Inside Higher Ed

Abstract

Colleges need to identify and prepare future administrative leaders, instead of waiting passively for the cycle of resignations and appointments, write Steve Riccio and Patrick Sanaghan.

The sudden departure of senior-level administrators and high-potential employees is a constant challenge that colleges and universities face. Appropriately, institutions acknowledge the years of service and dedication that these employees have provided and suggest such occurrences as a natural progression of any healthy organization. While this may be true, institutions must also consider the value of intellectual capital that is no longer part of the current knowledge base. This void arguably impacts both the brand and competitiveness that is cherished so deeply. So while we say farewell to our colleagues, we must also ask ourselves if we are in a position to appropriately cultivate the remaining talent for the formidable challenges that lie ahead.

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