6 Of 8 Ivy Leagues Will Soon Have Women As Presidents, Why It Matters?
For the first time, a majority of Ivy League schools will soon be led by women. Starting July 1, 2023, Claudine Gay will assume the role of president at Harvard University, Nemat “Minouche” Shafik at Columbia University, and Sian Leah Beilock at Dartmouth College.
What are the biggest challenges that college presidents face?
The biggest priority or challenge really depends on the individual college or university. However, all institutions must ensure they are financially healthy and identify opportunities to strengthen their financial resources. College presidents have reported that they spend the most time on budget and financial management, followed by fundraising.
Particularly in the current higher education marketplace, where the average cost of college runs over US$35,000 per year, college leaders must work to keep their institutions fiscally strong and also competitive and affordable. This may involve, for example, building new infrastructure, creating new programs, and cultivating new sources of funding.
What effect does having a woman in the top seat have?
For colleges that have only ever had a man in the president’s role, hiring their first woman as president can signal that the institution embraces change and evolution. This can be an especially important message to send to funders, alumni donors, philanthropists, state legislators, and corporate partners, who all play a role in ensuring a particular college’s financial vitality.
Female presidents add to the diversity of the college presidency. They add different perspectives to conversations that shape practices and policies both within their college and across higher education. They might, for example, provide their particular perspective regarding compensation for female faculty members of color, who tend to engage in more unpaid service work on campuses.
Organizational scholars and business leaders affirm that diversity strengthens the decisions made by organizations and contributes to innovative solutions. A more diverse group of decision-makers can generate more decision alternatives than a homogeneous group that may be susceptible to groupthink.
And lastly, having women at the helm of academic institutions shows other women who aspire to become college presidents that it is indeed possible.
Felecia Commodore is an Assistant Professor of Higher Education, Old Dominion University, Published the article first in The Conversation.