Forums for the Business Analyst

 
  Modern Analyst Forums  Business and Sy...  Business Proces...  Gap Analysis
Previous Previous
 
Next Next
New Post 10/7/2010 4:21 PM
User is offline Katie
1 posts
No Ranking


Gap Analysis 

 Does anyone have a good definition of a gap analysis?

 
New Post 10/7/2010 9:34 PM
User is offline KJ
243 posts
6th Level Poster


Re: Gap Analysis 

ktfm,

The gap is the difference (delta) between the "as-is" and the "to-be". She strategy is HOW you going to get from the "as-is" to the "to-be".

warm regards,

K

 
New Post 10/7/2010 11:27 PM
User is offline Adrian M.
726 posts
3rd Level Poster




Re: Gap Analysis 

 ktfm wrote

 Does anyone have a good definition of a gap analysis?

I agree with K...

Gap Analysis is the activity of looking at the differences between where something/someone is and where it needs/wants to be.

Here are some more definitions:

From Wikipedia:  "In business and economics, gap analysis is a tool that helps a company to compare its actual performance with its potential performance. At its core are two questions: "Where are we?" and "Where do we want to be?" ... Gap analysis is a formal study of what a business is doing currently and where it wants to go in the future. It can be conducted, in different perspectives, as follows:  1.Organization (e.g., human resources)
2.Business direction
3.Business processes
4.Information technology"

From BusinessDictionary.com: "Technique for determining the steps to be taken in moving from a current state to a desired future-state. It begins with (1) listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation ("what is"), (2) cross-lists factors required to achieve the future objectives ("what should be"), and then (3) highlights the 'gaps' that exist and need to be 'filled.' Also called need-gap analysis, needs analysis, and needs assessment."

From Investopedia: "Conducting a gap analysis can help a company re-examine its goals to determine whether it is on the right path to be able to accomplish them. A company will list the factors that define its current state, outline the factors that are required to reach the target state, and then determine how to fill the "gaps" between the two states."


Adrian Marchis
Business Analyst Community Blog - Post your thoughts!
 
New Post 10/27/2010 3:47 AM
User is offline Goldie
15 posts
9th Level Poster


Re: Gap Analysis 
Modified By Adrian M.  on 10/29/2010 2:17:13 AM)

Movement from a current-state to a target-state. It's fundamental and applies to EVERYTHING - from simple optimization to change management.  

 
New Post 12/15/2010 12:58 AM
User is offline SteveBoulanger
38 posts
9th Level Poster


Re: Gap Analysis 

In my humble opinion, In business gap analysis is a tool that helps a company to compare its actual performance with its possible performance.

 
Previous Previous
 
Next Next
  Modern Analyst Forums  Business and Sy...  Business Proces...  Gap Analysis

Community Blog - Latest Posts

Digvijaybook
Digvijaybook
Analytics is the future of the business industry. Businesses and organizations today run on data and its interpretation. Its correct evaluation is the fundamental key to success. And business analysts are the guides to it. It is a very prosperous industry and has a lot of potential for talented people. To even qualify, you require more than just...
1 Responses
Samuel02
Samuel02
With the advent of modern-day cloud infrastructure, many business-critical applications like databases, ERPs, Marketing applications have all moved to the cloud. With this, most of the business-critical data now reside in the cloud. Now that all the business data resides on the cloud, companies need a data warehouse that can seamlessly store the da...
0 Responses
BPM_online
BPM_online
Bpm'online, a global business software company leading in the space of low-code, process automation, and CRM, will be soon announcing their new company name. The new name will be launched in the sky via a breathtaking skydiving performance involving 160 bpm’online employees, including the CEO. The new name of bpm’online is to be fo...
0 Responses




Latest Articles

Copyright 2006-2019 by Modern Analyst Media LLC