Gap Analysis

Gap Analysis is a strategic tool used to identify the differences or “gaps” between the current performance of a business’s information systems or software applications and the desired performance or goals. It pinpoints areas of improvement and helps in decision-making.

The Evolution from Current to Ideal 

It’s about understanding the present state of affairs, envisioning the ideal scenario, and then mapping out the steps to bridge the gap between the two.

Why Turn to Gap Analysis?

  • Strategic Planning: It aids businesses in setting realistic goals and crafting strategies to achieve them.
  • Resource Allocation: By identifying gaps, businesses can allocate resources more effectively to areas that need them the most.
  • Risk Management: Recognizing potential pitfalls in advance allows for better risk mitigation strategies.

Where is Gap Analysis Employed?

  • Business Strategies: Companies use it to assess discrepancies between their current strategies and desired outcomes.
  • Software Development: Developers utilize Gap Analysis to identify differences between current software functionalities and user requirements.
  • Performance Metrics: Organizations measure the disparity between current performance metrics and industry benchmarks.