One way to break this down, if you have the time, would be to consider the exercise as a building discussion.  That is, when you discuss needs assessment, have the students break out into small groups, discuss the needs assessment phase for college professors, then come back and talk about it.  When you discuss training methods, you might have them consider what methods of training might suit different courses (large lecture courses vs. small seminar courses, for example).  Finally, when you discuss training evaluation, you might have them talk about the different evaluation strategies, and which elements of, say, Kirkpatricks model might be best suited to different types of professorial training programs.

Given limited time, utilize the above, and have different groups focus on different questions from the previous paragraph, so that you can get them thinking, and discussing, each of the various aspects of training in organizations.