GAP Analysis

Identifying the areas where organizations need to improve their capabilities most is an important step in any change effort. Such a skill is helpful particularly in times of cost-cutting—where limited training resources must be used to close the critical competency gaps that prevent companies from meeting business objectives. However, many training programs don’t yield the desired results. One reason is that they are usually launched without sufficient knowledge of where the gaps in employee skills exist. A good way to pinpoint these learning needs is to survey employees and let them evaluate the current skill levels of their peers and estimate the skill level their group must reach in order to be successful.

Gap Analysis compares current situation with the future state that organisation want to achieve. By conducting a Gap Analysis, organisation can identify what it need to do to “bridge the gap”. Conducting a skill gap analysis helps to identify skills one need to meet their business objectives. Skills gap analysis can be performed on Individual employees to identify the skills a job requires and compare them to an employee’s actual skill level.

The gap analysis, being also known as needs analysis, need-gap analysis and needs assessment, is an effective tool in the hands of a business management for making a comparison between the current performance and the desired performance level of a business organization. Quantifying and comparing the gap existing between the current functioning states of a business entity with that of a future state business requirements, the gap analysis leads to add value to the business.