This document outlines the role of community colleges to maintain a diverse, flexible, innovative and creative college environment in order to respond to the educational and training needs of a changing society. It also discusses the upcoming possibility of a leadership shortage in community colleges as many of the current college presidents and administrators may be facing retirement in the next few years. In a survey conducted by the American Association of Community Colleges in fall 2000, 45 percent of the presidents surveyed indicated that they would be retiring in the next 6 years. The document emphasizes the growing need for college leadership recruitment and training that is conducive to the community college mission. It also focuses on methods of college leadership recruitment, selection, orientation, training, and development. Program models and tools for ongoing leadership development are also presented. Chapters include: (1) Leadership Profile Research and Consortium; (2) Leadership Team Selection and Development; (3) Commitment to Leadership Development Begins with the CEO; (4) Beacon Leadership Program; (5) Recruiting and Developing Leaders for the 21st Century; (6) Reaching Divers Populations and Using New Tools in Executive Selection; (7) Selecting Community College Presidents for the 21st Century: a Trustees Perspective; (8) Leadership in Colleges Engaged in Quality Improvement; and (9) Recommendations for Executive Development and Selection. (JS)