I couldn't agree more.
Be it work or personal, it is totally applicable. Our job, our family, our freedom - anything at all.
Found this very simplified but effective chart explaining ECC.
Read about how it works here.
Another different (and more complex) way of looking at ECC is as below chart.
Go here to have the chart explained. 
May be abit dry and boring to those who are not people-managers but is still good knowledge.
This just reinforced what I've always believed in.
Never stay constant. Always look out and be ready for changes.
Which brings my mind to the next thought :
I think it is time for some change in my life. Again.
:D
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