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The main objective is to determine academic library leaders' perspectives regarding the key challenges facing academic libraries and leadership, and how library professionals can meet these challenges effectively. The study explores the leadership development opportunities and challenges for senior library professionals and academic libraries of the future, and what type of skills and abilities they need. A semi-structured, telephone and face-to-face interviews were arranged, the author interviewed library directors, managers and most senior librarians, a total of 16 library leaders and administrators were selected to this study. Results identify that a shared vision is key to leadership in academic library that prepares employees for organizational change and reduces resistance. Skills development is the top priority for library leaders at all levels and how organization can support the leadership development while shrinking budget is main concern for both private and public institutions.