Gap Analysis Template
A gap analysis is the process companies use to compare their current performance with their desired, expected performance. This analysis is used to determine whether a company is meeting expectations and using its resources effectively.
A gap analysis is the means by which a company can recognize its current state—by measuring time, money, and labor—and compare it to its target state. By defining and analyzing these gaps, the management team can create an action plan to move the organization forward and fill in the performance gaps.
There are four steps in a gap analysis, ending in a compilation report that identifies areas of improvement and outlines an action plan to achieve increased company performance. The first step is to accurately outline and define the organizational goals or targets, all of which need to be specific, measurable, attainable, realistic, and timely. In the second step, historical data is used to measure the current performance of the organization as it relates to its outlined goals. The third step is to analyze collected data that seeks to understand why the measured performance is below the desired levels. The fourth and final step is to compile a report based on the quantitative data collected and the qualitative reasons why the data is below the benchmark. The action items that are needed to achieve the organization’s goals are identified in the report.
Give up good for great, by analyzing the gaps in your business growth. Gap analysis is a system that the most successful companies use to prevent pitfalls and ensure lasting success. Gap analysis is not a one-time exercise, but a continuous process. Now, with our simple-to-use template, gap analysis is easier to execute on a more frequent basis.
This template will be primarily useful for company leaders when analyzing the current financial condition of the company. You can present your analysis in a simple and understandable way for the audience. Also, this template will be useful for crisis managers in identifying the reasons that led to a decrease in sales and a decrease in market share.
Startup executives can use the slides in this template as they prepare to meet with potential investors. You can present your plan for the future development of the company and prescribe the stages that will contribute to the achievement of the goal. This template can also be used by business coaches to prepare a course on strategic planning and company performance analysis.
Our gap analysis template will help you adopt a well-established and methodical approach to assess the difference between where your company performance is today versus the ideal position it strives to be in. Assessing the gap with a comprehensive root cause analysis template and remedies between the current state and desired state will highlight what needs to be done to achieve a company’s ideal scenario.
Use these premium gap analysis template slides to highlight the gap and showcase why this gap exists with the complimentary 5 whys template. You can then explore what the possible remedies are to solutionize a proposal to treat the current problems. These slides are extremely easy to edit from graphics, charts to colors. Download and start using right away!