(from McKinsey & Company) Growing numbers of colleges and universities are turning to the for-profit sector to find new leaders who bring different skill sets and fresh approaches to problems. Institutions most likely to seek "nontraditional" leaders tend to either be facing some kind of financial crisis or have less risk-averse boards, according to search-firm executives. Data also suggest that schools with a higher-than-average proportion of nontraditional leaders tend to be smaller (in students and staff), less well-resourced (in endowment per student), on the U.S. East Coast and religiously affiliated. By comparison, institutions atop popular college-ranking lists seem to be less likely to appoint nontraditional leaders, though there are exceptions
Much more at McKinsey.com
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