What is a Gap Analysis

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Learn more about Gap Analysis: https://eu1.hubs.ly/H03ksvp0 • A gap analysis is a tool used by businesses to compare their current performance to their ideal performance. • It identifies areas where improvements are needed and where the business can focus its resources to get the most benefit. The gap analysis process begins with setting specific goals and objectives. • Once these have been established, the company can identify the current performance levels and compare them to the desired performance levels. • This comparison reveals the gap between the two and allows the company to develop strategies to bridge the gap and improve overall performance. • This process can be used in all areas of a business, from customer service to product development. • Gap analysis is a valuable tool that can help businesses identify areas in which they can make improvements and reach their goals. • #compliance #gapanalysis #performance #optimal

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