The document contrasts a traditional paradigm for managing people with a talent-based paradigm. The traditional paradigm treats all people equally, believes anyone can excel with training, focuses on remediating weaknesses, and promotes based on current job performance. The talent-based paradigm believes excellence requires innate talent, selects for talent diversity, develops strengths, promotes based on talent for new roles, and relies more on performance than evaluations or seniority. It also discusses defining talent versus advantages and outlines a process for identifying talent and fit through interviews and assessments.