In this paper the author summarizes some of the most relevant issues, evidence, and divergent thinking relative to the strategic management of human capital in education. This paper has been built upon the most recent research, interviews with 20 of the leading experts around the nation, and structured conversations with leading-edge educators in Colorado--as well as 25 years of the author's own experiences in trying to advance teaching as a profession in America. This paper was supported, in part, by the Rose Community Foundation--a relatively small philanthropy that has significant local and national influence in ongoing efforts to improve teaching so that all students achieve at high levels. The author begins by outlining, in very brief form, the long tradition of human capital mismanagement in education, lessons learned nationally and globally, and issues and ideas surfaced from recent work in Colorado. While there is reason for optimism, state and local policymakers must act aggressively and strategically--especially given the current fiscal crises facing the nation's schools. Amid the challenges, leaders must also recognize the opportunities offered by the Obama administration and "stimulus" dollars that will instigate and push the public schools to "race to the top." (Contains 10 endnotes.)