This booklet presents a plan for improving Oklahoma's K-12 education. Section 1, "Getting Serious about Standards for Both Students and Teachers," includes: developing high quality student standards linked to high quality teacher standards; establishing state professional standards boards; professionally accrediting all schools of education; closing inadequate schools of education; licensing teachers based on demonstrated performance; and using National Board standards. Section 2, "Reinvent Teacher Preparation and Professional Development," discusses: organizing professional education and development around student and teacher standards; instituting extended teacher preparation programs; creating and funding mentoring programs for beginning teachers; and creating stable, high quality sources of professional development. Section 3, "Overhaul Teacher Recruitment and Put Qualified Teachers in Every Classroom," discusses: helping financially disadvantaged districts pay for qualified teachers; aggressively recruiting high need teachers; redesigning district hiring; and eliminating barriers to mobility. Section 4, "Encourage and Reward Knowledge and Skills," discusses: developing a career continuum linked to assessments and compensation that rewards competencies; removing incompetent teachers via peer systems; and setting goals/enacting incentives for National Board certification. Section 5, "Create Schools that are Organized for Student and Teacher Success," discusses: flattening hierarchies and reallocating resources; providing venture capital in the form of challenge grants; and selecting, preparing, and retaining appropriate principals. (SM)