• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia
CommentaryLeadership

How Hampshire College Hampered Good Governance

By
Jeffrey Sonnenfeld
Jeffrey Sonnenfeld
Down Arrow Button Icon
By
Jeffrey Sonnenfeld
Jeffrey Sonnenfeld
Down Arrow Button Icon
February 27, 2019, 10:56 AM ET
A sign on the campus of Hampshire College is pictured on Jan. 15, 2019.
A sign on the campus of Hampshire College is pictured on Jan. 15, 2019. The current crisis facing Hampshire College is the result of a lack of leadership competence and responsible governance. Suzanne Kreiter—The Boston Globe/Getty ImagesSuzanne Kreiter—The Boston Globe/Getty Images

Not all colleges can survive the present shift in U.S. educational markets. Schools are threatened by increasingly discouraging immigration policies. State spending on public universities remains highly uncertain. Even philanthropic foundations have curtailed their traditional support for higher education. The situations, however, vary in each case and many have rebounded from adversity. The jeopardy facing the iconic maverick Hampshire College is not simply a lack of students or lack of finances but it’s also the lack of leadership competence and responsible governance by the board.

Miriam E. Nelson, the new president of Hampshire College, was recently dealt a bad hand, but she, with the board’s support, has just knocked the whole deck of cards off the table in panic.

This month, Nelson bewilderingly announced she was firing Hampshire’s admissions and development staff with no plans for replacement—for a school that is over 90% dependent upon tuition revenue and has a modest endowment. At the same time, the Hampshire Board of Trustees announced to the stunned campus that it was curtailing the matriculation of a new freshman class while Nelson was met with a vote of no confidence from faculty.

The drama opened last May when newly appointed president Nelson learned from outgoing predecessor Jonathan Lash of a matriculation shortfall. This drop in yield followed several years of budget stress but, over the summer, she and the college board’s executive committee framed this management challenge as an existential crisis instead and their actions have since created chaos. And rather than locate better ways to mobilize their own many assets—Hampshire’s distinctive mission, the Five College Consortium community, a strong alumni network, and a largely successful existence as an innovative education model—to a recovery, Hampshire’s leadership appears to have panicked.

Over the course of the fall, Nelson never consulted her five living predecessors, faculty leaders, or other campus constituencies. Nor did she appeal to alumni about her dire assessment of Hampshire’s financial situation, a list which includes Stonyfield Farms chairman Gary Hirshberg, former CEO of Seventh Generation Jeffrey Hollender, renowned documentarian Ken Burns, and Pulitzer Prize winner Edward Humes. Gregory Prince, who was president of Hampshire College 16 years, envisioned tapping such alumni for a recovery plan involving various interconnected institutes. But in the panic, consultation—a cultural necessity in a liberal arts college founded on participation and engagement—simply did not occur and this important resource was overlooked.

As revealed through emails obtained by New England Public Radio, Nelson was quietly negotiating to merge Hampshire with the University of Massachusetts Amherst (UMass Amherst) months before there was any announcement of a financial crisis. Further correspondence published by the Daily Hampshire Gazette revealed President Nelson’s zeal to formalize this intended deal with a written letter of understanding—just before effectively shutting down Hampshire’s admissions and development offices, claiming financial duress, and pretending to be conducting an open search for alternative options. Yet faculty, students, staff, alumni, donors, and other stakeholders were kept in the dark while concealed negotiations took place. Following the email revelations—and stung by a vote of no confidence that passed the faculty before it was invalidated for procedural reasons—Nelson backpedaled in a letter to the Hampshire community.

Nelson, however, had further sacrificed her credibility by implying to have the support of partner schools of the Five College Consortium for the merge. In response, Sonya Stephens, president of Mount Holyoke College, and Biddy Martin, president of Amherst College, both separately issued emails to the community countering Nelson’s narrative.

While Nelson isn’t to be blamed for the issues Hampshire accrued before her time, she must be accountable for the quality of her leadership. I do not personally know her, anyone on the board, or anyone on the faculty. I have, however, studied good governance and good leadership for 40 years and neither is evident here. I also created the U.S.’s first school for incumbent CEOs 30 years ago and, for the last four years, have run the Yale Higher Education Leadership Summit which draws 75 college presidents and board chairs each year. Therefore, I can confidently say that Hampshire presently offers a poor model of corporate governance in action: inadequate leadership, hasty decision making, and corrosion of credibility.

In 2014, I served on the National Commission on College and University Board Governance established by the Association of Governing Boards of Universities and Colleges. Our recommendations addressed setting clear policies that describe the board’s role and responsibilities as fiduciaries of their institutions, focusing on the changing finances of their institutions, delivering access to high quality education at a lower cost, and improving shared governance through attention to the board’s relationships with the university president and faculty. The leadership of Hampshire College must not have gotten copies of our report otherwise the cash-starved school would have solicited the valuable advice of its own community.

Former Hampshire College president Gregory Prince told me in an interview that recapturing the underlying culture of Hampshire of working with the community can save the college: “The partnership principles which define this great school are the exact ones needed now to save it—even if the leadership has forgotten.”

Jeffrey Sonnenfeld is the senior associate dean for leadership studies and Lester Crown professor of management practice at the Yale School of Management.

This article has been clarified to note that the Hampshire College admissions and development offices were not entirely shut down.

About the Author
By Jeffrey Sonnenfeld

Jeffrey Sonnenfeld is the Lester Crown Professor in Management Practice and Senior Associate Dean at Yale School of Management.

See full bioRight Arrow Button Icon

Latest in Commentary

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • Future 50
  • World’s Most Admired Companies
  • See All Rankings
Sections
  • Finance
  • Leadership
  • Success
  • Tech
  • Asia
  • Europe
  • Environment
  • Fortune Crypto
  • Health
  • Retail
  • Lifestyle
  • Politics
  • Newsletters
  • Magazine
  • Features
  • Commentary
  • Mpw
  • CEO Initiative
  • Conferences
  • Personal Finance
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
About Us
  • About Us
  • Editorial Calendar
  • Press Center
  • Work At Fortune
  • Diversity And Inclusion
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in Commentary

laid off
CommentaryJobs
The billion-dollar justification: why AI giants need you to fear for your job
By David StoutFebruary 19, 2026
6 hours ago
whittaker
CommentaryCapitalism
The next 3 years will define capitalism for a generation losing faith in talent and hard work. Are CEOs up for the challenge?
By Martin WhittakerFebruary 19, 2026
7 hours ago
goldstein
Commentaryactivist investing
I’m partnering with Elliott to make sure Norwegian Cruise Lines’ best days are ahead
By Adam GoldsteinFebruary 19, 2026
8 hours ago
ICE
Commentarycivil rights
We looked at 40 years of government data and found the U.S. at a ‘medium level’ of atrocity. Iran is ‘high level’
By David Cingranelli, Skip Mark and The ConversationFebruary 17, 2026
2 days ago
cook
CommentaryApple
While big tech burns cash on AI, Apple waits
By Ioannis IoannouFebruary 17, 2026
2 days ago
CommentaryEducation
AI could spark a new age of learning, but only if governments, tech firms and educators work together
By José Manuel Barroso and Stephen HodgesFebruary 17, 2026
3 days ago

Most Popular

placeholder alt text
AI
Bill Gates pulls out of India’s AI summit at the last minute, in the latest blow to an event dogged by organizational chaos
By Beatrice NolanFebruary 19, 2026
11 hours ago
placeholder alt text
AI
Thousands of CEOs just admitted AI had no impact on employment or productivity—and it has economists resurrecting a paradox from 40 years ago
By Sasha RogelbergFebruary 17, 2026
2 days ago
placeholder alt text
Personal Finance
You need $2 million to retire and 'almost no one is close,' BlackRock CEO warns, a problem that Gen X will make 'harder and nastier'
By Sydney LakeFebruary 17, 2026
2 days ago
placeholder alt text
Economy
Top Trump advisor furious about true cost of tariffs being revealed, vows to punish New York Fed for ‘worst paper’ ever in history
By Jake AngeloFebruary 18, 2026
23 hours ago
placeholder alt text
Personal Finance
Current price of silver as of Wednesday, February 18, 2026
By Joseph HostetlerFebruary 18, 2026
1 day ago
placeholder alt text
AI
Deutsche Bank asked AI how it was planning to destroy jobs. And the robot answered
By Nick LichtenbergFebruary 18, 2026
23 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.