[D]on’t sleep with subordinates, don’t fly into fits of rage, beware of a former president conspiring with a board member to get his job back, and don’t promptly fire a top administrator whose family’s construction company literally built the college town you’ve just moved to.
Advice from the review of a book co-authored by a former university president on (as the reviewer headlines it) "avoiding disastrous presidencies." Inter alia, the authors tell the story of a University president who "was ousted after he charged the university for a personal chef, vacations in Europe and an engagement party for his son." For valuable prizes, explain how one gets to be a university president without knowing that you will get fired if you charge the boss for your kid's engagement party.
[But the chutzpah prize probably goes to the guy who sought a whistle-blower award for blowing the whistle on his own financial, ahem, indiscretions.]