Author Topic: Basics of Gap Analysis  (Read 6741 times)

1172831810

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Re: Basics of Gap Analysis
« Reply #15 on: April 07, 2018, 04:52:54 pm »
A technique that businesses use to determine what steps need to be taken in order to move from its current state to its desired, future state. Also called need-gap analysis, needs analysis, and needs assessment.

Gap analysis consists of

(1) listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation ("what is"),
(2) listing factors needed to achieve future objectives ("what should be"), and then
(3) highlighting the gaps that exist and need to be filled.

Gap analysis forces a company to reflect on who it is and ask who they want to be in the future

1181472704

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Re: Basics of Gap Analysis
« Reply #16 on: June 25, 2018, 07:56:54 am »
Gap analysis. In management literature, gap analysis involves the comparison of actual performance with potential or desired performance. If an organization does not make the best use of current resources, or forgoes investment in capital or technology, it may produce or perform below its potential.

1181278305

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Re: Basics of Gap Analysis
« Reply #17 on: July 11, 2018, 09:27:26 pm »
Gap Analysis is the comparison of actual performance with potential or desired performance; that is the ‘current state’ the 'desired future state’.

An important aspect of Gap Analysis is identifying what needs to be done in a Project.GAP Analysis is typically performed by Business Analyst and Project Managers.GAP analysis is basically covers below
1)Where are we and 2)Where do we want to be.

GAP Analysis provides a foundation for measuring investment of time, money and human resources  required to achieve a particular outcome .


1182459701

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Re: Basics of Gap Analysis
« Reply #18 on: September 27, 2018, 03:46:53 pm »
Gap analysis is a process to determine where the target  bussiness is and where it wants to be, by analyzing and identifying the flaws in planning, production and resource allocation etc the need analysis can be acheived i.e by analyzing the current state and identifying the real future state the gap can be bridged.

Sudhir Aryasomayajula

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Re: Basics of Gap Analysis
« Reply #19 on: January 09, 2019, 01:42:24 pm »
Techniques used to identify the Gap between AS-IS and To-Be System.
Steps:
–Setup Three flipchart (AS-IS, GAP, To-BE)
–Describe future state of Business in To-BE Chart (result of vision  technique)
–Describe Current state of Business in AS-IS Chart(result of  definition Technique)
–Pose a question to group or sub group (what are the barriers to  achieve to-be state, how can we achieve to-be state)
–Use vision Technique to develop possible ways to address the  causes
–Consolidate and set priority (use Decision Category Technique)

Siluvai Michael Raja

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Re: Basics of Gap Analysis
« Reply #20 on: January 28, 2019, 11:24:12 pm »
Gap analysis is a way to compare current conditions and practices in order to identify gaps and areas in need of improvement with regards to compliance to the relevant standards. Formally it means to identify and correct gaps between desired levels and actual levels of performance used by organizations to analyze certain processes.

1191940101

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Re: Basics of Gap Analysis
« Reply #21 on: March 23, 2019, 09:22:29 am »
What is Gap analysis?What is useful of gap analysis ?

1191940001

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Re: Basics of Gap Analysis
« Reply #22 on: March 30, 2019, 02:01:04 pm »
Gap Analysis is a technique of comparing the current performance of a business process with desired goal for the business process.
Gap Analysis is used for identifying what needs to be done in a Project.
Gap Analysis is done by :
1. Selecting and confirming the activity that needs to be analyzed.
2. Activity profile information is reviewed and key aspects of the activity is described in terms of measure of performance.
3 Vision for the activity is developed or targets are identified for comparing it to the current performance.
4. Degree of gap is compared and appropriate gap is described.
5. Actions that needs to be visioned, are determined.
6. Results are summarized.
A Gap Analysis helps us to understand and prioritize business needs by identifying any deficiencies making the gaps and overcoming them to reach the desired goal of a business process.

Jayanth mangu

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Re: Basics of Gap Analysis
« Reply #23 on: April 22, 2019, 04:51:35 pm »
When the gap analysis is used in a project.

1191655503

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Re: Basics of Gap Analysis
« Reply #24 on: April 24, 2019, 01:55:51 pm »
Can you please provide some real time examples for the Gap analysis for various columns/sections in it?

1192452402

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Re: Basics of Gap Analysis
« Reply #25 on: April 26, 2019, 10:06:13 pm »
Gap analysis is used to identify difference between current process and desired future prospects  in a organization, this analysis performed  by Business Analyst and Project Manager.

   
GAP Analysis revolves around
Where are we?
Where do we want to be?
Gap analysis is performed by Business Analyst. For a project / Business Gap analysis covers what are the requirements / facilities we have and to successful the project / business what are the steps should be taken or what are needs to success the project / business. Gap analysis is used to find the deviation / gap between what exists versus what is needed.
Gap analysis measures the investment of time, money, human resources, requirements / needs to get a particular desired outcome. For doing gap analysis Business Analyst should have thorough knowledge on the process, factors (time/money/resources) which affects the outcome. For Business Analyst there should be no doubts in the requirements based on time and future requirements.
There is no formal method to do  GAP Analysis. A simple excel sheet can be used for the purpose

1191656503

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Re: Basics of Gap Analysis
« Reply #26 on: May 11, 2019, 02:04:56 pm »
GAP analysis is the process of comparing the current state and the proposed state of any business and its functionalities. It comes under the Enterprise Analysis which is a knowledge area of a Business Analyst. It helps in determining what steps need to be taken to meet the proposed state requirement for the business. in Layman language it can be defined as a gap between 2 questions - "where we are" and " where we want to be"

1191648502

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Re: Basics of Gap Analysis
« Reply #27 on: May 12, 2019, 03:17:31 pm »
A gap analysis identifies the difference between current state and future state capabilities. To perform gap analysis, both current state and future state should be defined. Using the same techniques to describe both current and future states assists in gap analysis, as it simplifies the comparison.

Gap analysis can help identify the gaps that prevent the enterprise from meeting needs and achieving goals. It can be used to determine if the enterprise can meet its needs using its existing structure, resources, capabilities, and technology. If the enterprise can meet the need with the current state capabilities, then the change will likely be relatively small, or there may be no change at all. In any other case, a change strategy is needed to create the missing capabilities or improve the existing ones.

The capabilities analyzed in a gap analysis can include:
•   Processes,
•   Functions,
•   Lines of business,
•   Organizational structures,
•   Staff competencies,
•   Knowledge and skills,
•   Training,
•   Facilities,
•   Locations,
•   Data and information,
•   Application systems,
•   Technology infrastructure.

The gaps will need to be addressed in the transition and future states.

1190244102

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Re: Basics of Gap Analysis
« Reply #28 on: August 03, 2019, 08:00:19 pm »
Gap analysis consists of

(1) listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation ("what is"),
(2) listing factors needed to achieve future objectives ("what should be"), and then
(3) highlighting the gaps that exist and need to be filled.

1190763804

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  • Srikanth Raju
Re: Basics of Gap Analysis
« Reply #29 on: August 27, 2019, 06:37:49 pm »
GAP Analysis is nothing but comparing Actual Performance with Potential Performance. A GAP Analysis can help an Organization to understand where they want to be, the Gap between where they are now and where they want to be and hence, what steps to be taken to close the Gap.
If a Company or an Organization does not make the best use of its current resources, it may produce below its Potential. GAP Analysis identifies gaps between the optimized allocation and integration of the Inputs and the current allocation level. By this, can reveal which areas to be improved. It involves determining, documenting and approving the difference between business requirements and current capabilities.
Gap Analysis** can be conducted in different perspectives, such as:-
-   Organization
-   Business Direction
-   Business Processes
-   Information Technology
Gap Analysis provides a foundation for measuring Investment of Time, Money and Human Resources required to achieve a particular Outcome.
#GAP Analysis Process#
   There are some events as to take up the GAP Analysis. Continuously, as
•   Describe Area- Firstly Describe the Area that where we have to start our Analysis, so that, can concentrate to take next step.

•   Identify Specific Improvement Areas- After selecting Area, we should Identify key area that has to be required Improvement.

•   Determine Targets- Set Targets for each specific Areas to improvise according to user requirements.

•   Determine Current State- As an Organization/Firm, clearly determine Current state, so, can reach our targeted level.
 
•   Determine Action Steps- Finally, we should aware that what steps to be taken to fill the Gap.
#GAP Analysis Example#
-Suppose we work in an electronics company, and we are investigating the customer satisfaction of customers who return faulty equipment to us within warranty for repair.
*GAP Analysis*
Area Under Consideration   We are investigating the Customer Satisfaction of Faulty goods returned within Warranty. We are not considering Customer Satisfaction outside of Warranty.
Desired State   Current State   Action Steps

1.   Customer Satisfaction Rate = 99%
2.   Repair Time
 = 12 days   
1.   Customer Satisfaction Rate = Unknown
2.   Repair Time
 = 16 days   
1.   Review findings and Set Customer Satisfaction Ratings
2.   Implement New Repair System
3.   Train Staff to use New Systems.