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The Complete Guide to Building and Growing a Talent Development Firm by Stephen L. Cohen

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1

UNDERSTANDING INDUSTRY DYNAMICS AND TRENDS

The barriers are not erected which can say to aspiring talents and industry, “Thus far and no farther.”—Ludwig van Beethoven

You can get lost trying to keep pace with the changes currently taking place in talent development, not to mention the transformation of the field since I started my career 50 years ago. It wasn’t long ago that the industry was defined by models and theories such as McGregor’s Theory X and Theory Y, Maslow’s Hierarchy of Needs, and Herzberg’s Two-Factor Theory. Personal computers weren’t even on the radar, unless you call a deck of punch cards that fed into a massive mainframe, personal. Add to that the radical changes in the makeup of the workforce: multiple generations, diverse ...

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