Gap Analysis pinpoints disparities between current and desired states, aiding strategic planning. By assessing strengths, weaknesses, and objectives, organisations can formulate targeted strategies for improvement, enhancing performance and alignment with strategic goals.
Methodology:
- Define objectives,
- Analyse current state,
- Define desired future state,
- Identify gaps,
- Analyse causes,
- Develop action plans,
- Implement and monitor,
- Review and adjust.
Benefits:
- Clarifies strategic direction,
- Enhances decision-making,
- Supports continuous improvement.
Limitations:
- Dependency on accurate data and realistic benchmarks,
- May overlook external factors,
- Can lead to short-term focus.