This document explains how the business community can enhance school leadership by helping school principals develop the same executive leadership and professional qualities that are required of chief executive officers. The introduction describes the role of the principal in high-performing schools as follows: (1) engage all members of the school community in articulating the school's goals and developing strategies to meet them; (2) assess the needs of the school's most important internal and external customers; (3) align the school's resources with a strategic plan to meet those needs; and (4) assume responsibility for students' achievement and organizational improvement. The booklet begins by describing the leadership challenges confronting education. The following strategies for businesses seeking to become involved in school leadership development are discussed: (1) understand the context within which school leaders operate; (2) form win/win partnerships; (3) use resources to contribute to leadership development for educators; (4) become proactive in attracted talented managers; (5) encourage productivity with performance evaluations and incentives; (6) provide principals with opportunities for ongoing professional development; and (7) use quality criteria to improve organizational performance. Examples of how employers are helping schools with leadership development are highlighted throughout the booklet. A total of 15 resource organizations and publications are listed. (MN)