ACE today announced the launch of the Institute for New Presidents, a leadership development program to help new college presidents successfully navigate the unique and varied issues confronting American higher education.
The Institute for New Presidents will enable higher education leaders in their first two years of service as president to engage with seasoned colleagues, forge connections with fellow new presidents and benefit from ACE’s leadership and expertise. Topics to be addressed include how to work effectively with key constituencies, assemble strong administrative teams, assess campus culture, lead change and work effectively with boards.
“This is a challenging time for American higher education, as presidents face a broad range of issues and a crisis is often one tough decision away,” said ACE President Molly Corbett Broad. “The Institute for New Presidents has at its core the goal of ensuring that new presidents succeed beyond their honeymoon period in an increasingly volatile and uncertain environment.”
The inaugural class, which will include approximately 25 participants, will meet for the first time during the summer of 2012. The program will offer a blend of face-to-face and online meetings conducted over the following eight months, culminating at the ACE Annual Meeting in Washington, DC, in March 2013. ACE will issue a call for applications in early 2012.
The Institute for New Presidents is supported by a generous contribution from Fidelity Investments.
“Fidelity is proud to sponsor this important initiative and partner with ACE to support leadership development in higher education,” said John Ragnoni, executive vice president of Fidelity’s Tax-Exempt business. “Fidelity recognizes the unique challenges new presidents face and is deeply committed to helping this next generation of higher education leadership succeed.”
“As American higher education prepares for a wave of retirements among college and university presidents, ACE has a responsibility to identify, assist and support emerging leaders,” said Gretchen M. Bataille, ACE senior vice president for Leadership and Lifelong Learning. “The Institute is an important addition to ACE’s existing leadership program offerings, including Advancing to the Presidency, the ACE Fellows Program, the Institute for New Chief Academic Officers and the National Women’s Leadership Forums.”
Fidelity Investments is one of the world’s largest providers of financial services, with assets under administration of $3.4 trillion, including managed assets of $1.5 trillion, as of October 31, 2011. Founded in 1946, the firm is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing and many other financial products and services to more than 20 million individuals and institutions, as well as through 5,000 financial intermediary firms. For more information about Fidelity Investments, visit www.fidelity.com.
MEDIA CONTACT: Erin Hennessy ▪ 202-939-9367 ▪ EHennessy@acenet.edu