The document discusses the problems with traditional talent management processes. It states that the fundamental problem is that the objectives of these processes are often poorly defined. As a result, processes try to accomplish too many conflicting goals at once without doing any of them well. It advocates defining processes based on clear objectives, such as forecasting needs, evaluating performance, or developing employees, rather than using traditional labels. It also presents frameworks for assessing maturity levels in achieving the right people, right things, right way, and right development through talent management.