This document summarizes key points from literature on leadership and change management in higher education. It discusses developing and implementing change as a complex, subjective process for all involved. It also notes that effective leadership focuses not on a single "Lone Ranger" leader, but on leaders who change the systems they work in through their actions. The document then lists critical uncertainties higher education institutions may face such as increased competition from online providers and reduced government funding. It presents scenarios for conventional and disruptive business models that institutions could pursue, and asks what preferred future scenario the reader's institution aims for, such as becoming an oldish, newish, resource, expansive, or alliance university.