The document provides guidance on transforming a learning and development organization into a strategic business partner. It recommends a three-step approach: 1) Identify focal jobs that are critical to business success and their associated competencies. 2) Acquire or develop formal and informal learning to support growth in these jobs. 3) Define metrics to track success in developing people for the focal jobs. The goal is to solve strategic business problems and increase organizational success through competency and talent development.