The Changing Role of the Corporate Trainer: The Shift from “Training” to “Talent Development” William J. Rothwell, Jae Young Lee, and Patricia Macko Contents Trends Shaping the Business Landscape ......................................................... 2 Changing Workforce Demographics .......................................................... 3 Globalization .................................................................................. 3 Technology .................................................................................... 4 Lean Environment ............................................................................. 4 Knowledge-Based Work ...................................................................... 5 Summary ...................................................................................... 5 Transforming Training into Talent Development ................................................ 6 What Is Talent Development? ................................................................ 6 How Is Talent Development Different from Training? ...................................... 8 How Does an Organization Build a Talent Development Structure? ........................ 8 New Competencies of the Talent Development Leader ......................................... 10 Defining the Term Competency and Competency Model .................................... 10 Reasons Competencies for Talent Development Leaders Changed over the Past Two Decades ........................................................................................ 10 Specific Competencies Required for Talent Development Leaders .......................... 12 Benefits of Using New Competencies ........................................................ 13 Preparing Talent Development Leaders for Future Challenges .............................. 14 Conclusion ........................................................................................ 15 References ........................................................................................ 15 Abstract This chapter explains a shift from training to talent development. Modern world trends such as changing workforce demographics, globalization, cutting-edge technology, lean environment, and knowledge-based society have influenced the role of learning in organizations and promoted to change a view of corporate W. J. Rothwell (*) · J. Y. Lee (*) · P. Macko Department of Learning & Performance Systems, The Pennsylvania State University, State College, PA, USA e-mail: wjr9@psu.edu; elfjaeyoung.lee@gmail.com; pem146@psu.edu © Springer Nature Switzerland AG 2019 S. McGrath et al. (eds.), Handbook of Vocational Education and Training, https://doi.org/10.1007/978-3-319-49789-1_101-1 1