Selling Institutional Assets

Those who have been following the controversial decision by Brandeis University (Mass.) leaders to close the institution's art museum and sell the collection -- valued at $350 million -- due to financial challenges should take a look at the May 2008 cover story of University Business. "Art Appreciation" explores the many considerations that go into such a difficult decision and how open communication can help get the reasoning behind it across.

I suspect we'll be seeing more similar happenings at colleges and universities across the country, as finances get tighter and the core missions of institutions are threatened.