Gap Analysis
What is Gap Analysis?
• Definition:
Gap analysis is a method to compare actual performance with potential
or desired performance.
• Purpose:
- Identify gaps between current and desired outcomes.
- Develop strategies to bridge these gaps.
Importance of Gap Analysis
• Helps organizations achieve goals more efficiently.
• Identifies weaknesses, inefficiencies, and growth opportunities.
• Supports strategic planning and decision-making.
Types of Gaps
• Performance Gap: Difference between current and desired
performance.
• Market Gap: Opportunities in the market not yet tapped.
• Process Gap: Inefficiencies in workflows or systems.
• Financial Gap: Disparity in expected vs. actual financial outcomes.
Steps in Gap Analysis
1. Current State
- Analyze current processes, performance, or outcomes.
2. Identify the Desired State
- Determine goals or benchmarks to achieve.
3. Analyze the Gaps
- Compare current and desired states to find gaps.
4. Develop an Action Plan
- Create strategies to bridge the gaps.
5. Implement and Monitor
- Execute the plan and track progress.

Gap_Analysis_Presentation.pptx on statistics

  • 1.
  • 2.
    What is GapAnalysis? • Definition: Gap analysis is a method to compare actual performance with potential or desired performance. • Purpose: - Identify gaps between current and desired outcomes. - Develop strategies to bridge these gaps.
  • 3.
    Importance of GapAnalysis • Helps organizations achieve goals more efficiently. • Identifies weaknesses, inefficiencies, and growth opportunities. • Supports strategic planning and decision-making.
  • 4.
    Types of Gaps •Performance Gap: Difference between current and desired performance. • Market Gap: Opportunities in the market not yet tapped. • Process Gap: Inefficiencies in workflows or systems. • Financial Gap: Disparity in expected vs. actual financial outcomes.
  • 5.
    Steps in GapAnalysis 1. Current State - Analyze current processes, performance, or outcomes. 2. Identify the Desired State - Determine goals or benchmarks to achieve. 3. Analyze the Gaps - Compare current and desired states to find gaps. 4. Develop an Action Plan - Create strategies to bridge the gaps. 5. Implement and Monitor - Execute the plan and track progress.