John Wooden would say never mistake activity for achievement. Sometimes we think we're really doing well on a given day. But 'What did you accomplish?' is the question that we should really be asking not 'What did we do?'

We all think that the answer to everything is to add more and to do more and to try more. Sometimes you have to have the discipline to say no and to believe in the process that you have established.

Sometimes legends find themselves remembered more for what they have not done than for their accomplishments. But those resume gaps can also help drive them to achieve even greater things in new arenas.

Knowing your opponent is a crucial part of emulating and defeating that opponent. But scouting is only the first step. Too many leaders spend countless hours studying an opponent's every move in the search for an edge. The Great Teams understand not only how to scout but also how to exploit the weaknesses of a competitor. These teams analyze every perspective and option and position themselves to take full advantage of any knowledge gained about an opponent.

John Wooden would say never mistake activity for achievement. Sometimes we think we're really doing well on a given day. But 'What did you accomplish?' is the question that we should really be asking not 'What did we do?'

The challenge CEOs will face three to five years from now is the same one that they face today. That is engagement. It's hard to keep people engaged in what they are doing. As this generation grows up around social media like Twitter where things are 140 characters, how do you keep them engaged all hours every day at work? How do you keep them focused on the big goals you have?

It’s not about making money for themselves or the company, but making a difference in the lives of others.