A technique that businesses use to determine what steps need to be taken in order to move from its current state to its desired, future state. Also called need-gap analysis, needs analysis, and needs assessment.
Gap analysis consists of (1) listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation ("what is"), (2) listing factors needed to achieve future objectives ("what should be"), and then (3) highlighting the gaps that exist and need to be filled. Gap analysis forces a company to reflect on who it is and ask who they want to be in the future.
Use gap analysis in a sentence
If you want to have a good comprehensive break down on how things are running you should take a gap analysis.
Finding out everything you can from a gap analysis will help you to understand what you need to adjust in the future.
Bob thought he understood the roadblocks facing them in the current merger, but a quick look at the gap analysis they had prepared revealed he had neglected to consider several key hurdles.