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 training to talent development. As a comprehensive and continuous process, talent development is strategically aligned with organizational goals and develops people in an organization to meet current and future organizational needs. Because the role of talent development professional is different from the role of trainers, talent development leaders are requested to have different competencies. This chapter presents specific competencies required for talent development leaders.