"The old model was Capitalism, the new model is Talentism," he said, noting that the new model will center on human talent to encourage creativity, entrepreneurship and innovation-driven economic development and social progress. He also envisaged a new leadership model based on collaborative power or social power rather than the conception of hard power and soft power...

The power of many can accomplish more than any one can do alone -- and that distinction is different than the traditional classification of hard and soft power