This document summarizes a discussion between Degreed and Caterpillar about democratizing learning and development. The discussion focused on how organizations are shifting from prioritizing efficiency in L&D to focusing more on flexibility and empowering self-directed learning. Caterpillar is redesigning its global dealer learning ecosystem to enable personal and professional development through new content, tools, and technologies. The roles of L&D professionals will need to evolve to develop new capabilities for leading in this changing environment.