Gap analysis

Comparing where a business is against where it needs to be, item by item, so the work in between can be sized and sequenced.

Gap analysis in practice

Hypothetical: an operations team compares a manufacturer’s current quality-control process with an evidence-based target, identifies differences and prioritizes feasible improvements. It tests whether the target is relevant to the business before committing resources.

Benchmarking · Feasibility study · Diligence workstreams · All of the glossary