Boards should clearly establish what is expected of the university president, including the six elements of good leadership: tolerance of freedom, tolerance of uncertainty, the ability to integrate motives and efforts into a meaningful aggregate, the ability to persuade, the ability to represent the institution, and influence with superiors. (MSE)

Nowadays, most colleges and universities find themselves either planning a fund-raising campaign, engaged in one, or having just completed one. Entering a campaign may challenge a board to determine how best to organize itself to meet its long-term responsibility for fund-raising while mobilizing the broader cadre of volunteers needed for the…