As an OD professional are you expected to just create new trainings or are you also supposed to be good at conducting/delivering them?

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One is instructional design and one is facilitation. Those are two different skills.

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We were expected to do both at a Big Tech company.

It depends on the size of your company and team. If you work for a larger company with a larger training team than there will naturally be specialization. Smaller companies typically have smaller teams, and the role is more of a generalist who does it all.
It also depends on the training topic. A training professional can conduct most soft skill training, but won't be able to deliver highly technical training.

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