How do colleges and universities adapt programs of instruction to the changing times? In particular, do teachers receive appropriate recognition from their institutions for their leadership in these matters? The central aim of National Project III, a project of the Fund for the Improvement of Postsecondary Education, is to elevate the importance of teaching, and credit should be given to those teachers who spend their time, effort, and talents to bring about constructive changes in what and how well students learn. This report focuses on three areas where teachers are in the center of things as institutions adapt to the changing times: curricular expansion (especially the external degree and experiential education); adapting instruction to a diverse student body (adult and continuing education, students' greater career orientation, and the need for individual program planning); and new resources for teaching (technology, cluster colleges and living/learning programs, cross-disciplinary studies, individualized instruction, and competency-based education). (Author/MSE)