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What is a Gap Analysis?

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