Emerging technologies and unstable financial issues are placing increasing demands on college administrators to provide visionary leadership. While numerous management frameworks have emerged in the past two decades, from Total Quality Management to transformational leadership, leaders should consider the concept of leadership wisdom in guiding their institutions. Wisdom has been recognized and respected throughout history as an intellectual virtue for leadership. Rather than merely having noble goals, wisdom is worthy deeds that have been put into action. Two actions that will indicate if a leader is wise are communication and decision-making, actions that require the majority of any leaders time. Since department, division, or college leaders should be role models of communication skills, they must promote attitudes and behaviors essential to open communication. Sharing information is another important element in open communication and can promote the success of any new idea or process. Although decision-making is rarely a one person process, it is critical that members of an institution trust that their leader will make the best decision for the institution and for them. While it takes a team to create success, ultimately it is the leader who must set the pace and be aware of and accountable for problems. (TGI)