We live in the world of knowledge, and knowledge keeps increasing in shape and complexity. As a result, no single individual has the repository of knowledge required to effectively manage an organisation all alone to affect organisational performance positively. This explains why administration is explained as doing things through the efforts of others. This assertion supports the idea of shared leadership so that the skills and competencies required to lead organisations today are found in more than one individual in the organisation. This paper seeks to examine the concept of shared leadership, characteristics of shared leadership, and types of partnership at the faculty level, benefits and limitations of shared leadership. The paper concludes on recommendations for enhancing shared leadership at the faculty administration level.