Tony Bingham kicks off T+D's new column, "Economy Watch," with insight into the whys and hows behind training and workplace development in a tough economy.

"The knowledge economy has given learning a vital new role in the leadership of organizations. The ability to anticipate talent requirements and meet them in a timely fashion is likely to be the key performance advantage for decades to come. By taking action to manage talent strategically and holistically, we will move closer to fully leveraging every organization's key asset--its people."

Read the entire article.