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Why I Have a Big Problem With Academic Tenure

Why I Have a Big Problem With Academic Tenure
Photograph by Clerkenwell/Getty Images

What’s wrong with guaranteed-job-for-life tenure?

James C. Wetherbe

In business, adding competitive value is key to ensuring jobs and customers. Lifetime job security is the antithesis of competition. The ultimate benefactor of competition is the customer. Without competition, organizations devolve into the equivalent of the local department of motor vehicles, where a “socialistic monopoly” on issuing licenses creates painful inefficiencies.