This document discusses the challenges facing education and the workforce in a globalized world. It notes that Chinese students learning English now outnumber American students learning Chinese, demonstrating how slowly schools adapt to important changes. To remain competitive, schools must recruit top teachers, allow students to progress at their own pace, reallocate funds to higher priorities, and create innovative new systems. The challenges include a coalescing global labor market that puts downward pressure on wages and living standards as jobs are offshored or automated. Successful organizations will embrace constant renewal, confront hard realities, and have a clear vision of what they can excel at.