Question

Why Gap Analysis model is so practical?

Answer 1

Gap analysis model is very practical because it can be applied to any kind of business in any industry. The company will just have to understand what their strengths and weaknesses and where the gap is in their system. It basically helps in assessing the differences in the desired performance of a system or even a business. It gives a clear picture of why the company is failing in some areas of business and they can fill the gap by making changes to the existing system or process. This will act as a tool for continuous improvement for the business. Usually, the businesses conduct gap analysis before implementing a process and also after the implementation. It has the ability to provide an insight at any stage of the business and this makes the gap analysis method very practical.