Summarising the discussion from the video:

The ADDIE model is a process that has been used by instructional designers and trainers for a long time. The model constitutes of five phases—Analysis, Design, Development, Implementation, and Evaluation.
Each of these phases has an impact on the subsequent phase. The model represent the process of building effective training and learning tools.
In this course, we will focus on the first three components of ADDIE’s Model – Analyze, Design, and Develop in detail. We will also explore a few aspects of the evaluation phase.
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