This report focuses on issues relating to replenishing California's college faculty and increasing the number of faculty due to increasing student enrollment. The report provides recommendations for both higher education institutions and the State on 12 policy options that hold promise for increasing the supply of individuals with doctoral degrees and mitigating potential faculty shortages. Nine of the 12 options are "supply-side" interventions, such as increasing baccalaureate production and the share of California baccalaureate recipients entering graduate schools and accelerating efforts to diversify the faculty to include more individuals from historically underrepresented backgrounds. The remaining three options are "demand-side" interventions related to faculty compensation and working conditions. Other parts of the report discuss the growing demand for individuals with doctorates in non-academic and academic job sectors, the projected supply of new faculty nationally and in California, and the need to diversify faculty and progress toward this goal at the national level and in California. Nineteen graphical displays present data used in the analysis. Includes 11 references. (DB)