Imagine you are the new training manager for a Financial Services organization with 500 employees. As the new training manager, your goal is to calibrate training to be closely aligned with business strategies, core values, culture, ethical practices, and the future direction of the organization. The HR Director has requested that you prepare a summary of the phases of the training process model so that key stakeholders can better understand the importance of training to support key strategies to expand the business. The organization is curious about training; however, may undervalue its importance in meeting business objectives and supporting change management. Conduct research on the ADDIE Training Model.

Summarize the components of the training process model and convey the importance of following this model in a minimum 400 word paper.

Cite your source(s) according to APA citation methodology.

Format your paper according to APA formatting guidelines.