November 2, 2007

Lessons From the Top

By STEPHEN J. TRACHTENBERG

Last summer I finished a 30-year run as a university president — first at the University of Hartford for 11 years, then at George Washington University for 19 years. I'm pleased to report that I have served without ever having a deficit budget, being indicted, or even being accused of any impropriety. I like to think that's in part because I have learned some lessons along the way.

First, I've learned that academic bureaucrats at all levels need luck — in generous

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