Sure, Millennials have great hard skills. In fact, they're the most educated generation (63% already have a bachelor's degree).

But they're often struggling with the soft skills—the skills that make good leaders great.

And they're the first to admit it: in a recent survey, 30% of Millennials felt they weren't prepared to lead at all, citing concerns over managing challenging employees and dealing with conflicts.

With the leadership crunch coming—Boomers finally retiring and GenX moving into top positions—universities may face a shortage of employees ready to fill middle-management positions. This is guaranteed to make your succession planning and organizational longevity even more uncertain.

How can you start preparing Millennials for leadership today? Begin by downloading Developing the Next Generation: 6 Ways to Start Preparing Millennials for Leadership