Gap Analysis Meaning
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Gap Analysis Meaning
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Gap Analysis Definition The term gap refers to the space between where we are the present state and where we want to be the target state Gap analysis assesses the differences between the actual and expected performance in an organization or a business A gap analysis is a process of comparing your current state to your desired future state. This process includes assessing the actual performance of your organization to determine whether business goals or objectives are being met and, if not, creating an action plan that will bridge the identified gap.

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Gap Analysis MeaningA gap analysis is a method of assessing the performance of a business unit to determine whether business requirements or objectives are being met and, if not, what steps should be taken to meet them. A gap analysis may also be referred to as a needs analysis, needs assessment or need-gap analysis. Types of Gap Analysis Market Gap Analysis Also called product gap analysis market gap analysis entails making considerations about the Strategic Gap Analysis Also called performance gap analysis strategic gap analysis is a more formal internal review of Financial Profit Gap Analysis A
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