Good intentions are not good enough. The Law of Improvement Displacement says that short-term pressures drive out long-term improvement activities. Too many managers fail to balance cash flow and wealth. These managers forget that today's cash is a result of yesterday's wealth investments.

Few managers would allow physical assets like buildings, production equipment or vehicles to crash and burn out of lack of care and maintenance. Yet they fail to make investments in themselves, their teams, and their organizations. The capabilities of an individual, team or company are the engine that provides tomorrow's cash.

Change can't be managed. Change management is an oxymoron. However, whether change is seen as a threat or an opportunity depends on how well prepared we are. Whether we become victims or victors depend on our readiness for change.

Few things are more strategic than the capabilities of your organization. By building an organization that's continually learning, growing, and developing, you will develop an unmatched competitive advantage.

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