New guidelines for administrator preparation drafted for the American Association of School Administrators (AASA) are presented, and, though subject to further AASA scrutiny, they are suggested for inclusion in all administrator preparation programs. The basis for the guidelines was a literature search, personal interviews with staff at five professional organizations and institutions, and administrator preparation course content at 75 colleges and universities. Six critical themes emerging from the analysis--changing demographics, unstable economic structure, new technologies, labor market opportunities, preserving cultural diversity and human rights, and changing family structures--are viewed as challenges administrators must be prepared to meet. Leadership outcome goals, competencies and skills, and delivery components are presented to prepare educational leaders to manage these unprecedented problems. (MLF)