It's time for a fundamentally new approach to talent management. Fortunately, companies already have such a model, one that has been well honed over decades.It's time for a new model. MGI research combines the disciplines of economics and management, employing the analytical tools of economics with the insights of business leaders. This Memorandum of Agreement is entered into between the Screen Actors GuildAmerican. That's where CPAS comes in. The Contract Performance Analysis System is designed to bring contract management into the 21st century. This chapter reviews these developments and argues that, despite differences in terminology and points of emphasis, there is virtually complete convergence. In brief, Reid's team describes a new "employment contract" taking place one where workers and employers work in a free agencylike alliance. Capitalist globalization is in fact imperialism without colonies.