Without good employees, the best business plan and ideas will fail. In your business there are experts to oversee and advise you on various areas and departments.
Undertaking a gap analysis to help improve your company doesn't have to be a daunting task. Using the four steps in gap analysis methodologyunderstanding the surrounding environment, taking a wholistic approach to understanding the environment, determining a framework for analysis, compiling supportive datayou can obtain important information about key areas to focus on in your process or quality improvement project.
It can be difficult, however, to understand exactly what it is that is meant by "gap analysis. The sample I will use here is actually a sample from an educational standards improvement project, but gap analyses are applicable in any field. Identify Strategic Objectives While many methods for undertaking a gap analysis start with looking at your own company's performance, I think that it's helpful to first have a goal, or end in mind before undertaking the analysis process.
Some companies look to benchmarking and best practices of other companies to perform their gap analysis. Let's say that my school wants to incorporate a better music program, based upon music content standards set by California educators. Here are a couple sample content standards: You can use our gap analysis template for MS Wordor the gap analysis template for MS Excelif you wish to follow along with this example.
Once I have identified my content standards, I can place them into the strategic objectives boxes in my file, as you can see in the picture to the left. Click any image for a larger view.
Prekindergarten Through Grade Twelve. CDE Press, Identify Current Standings and Deficiencies Once you have clarified your strategic objectives, you will need to observe and collect data on your current standings with regards to each of the strategic objectives.
To return to our sample gap analysis scenario, let's imagine that the following four items are observed: Students are regularly able to read and process instrumental scores, but no program is available for vocal music. Students can identify and explain select compositional devices, but not all.
Their textbooks currently do not provide this information, and for advanced classes, no textbooks are available.
Students regularly play instruments in ensembles in front of audiences around the city. Students were unable to identify, consistently, musical genres in the United States or give the history or well-known musicians associated with the genres.
Now, enter your findings into your chart for the Current Standings and Deficiency columns. You will see that in the template, I have allowed space to describe current conditions and to make note of deficiencies.
Take a few minutes to fill in your chart appropriately. When you are done, it should look something like the chart to the right. Create a Plan of Action At this point, it should start becoming clear as far as what your next step should be.
Look at areas of deficiency and create a plan for improvement based upon these areas given the resources available.6 ROEI ® —Incr Employee Replacement Costs The investment in an employee starts even before the actual hiring of the employee, and the recruitment and onboarding costs involved go way beyond just posting a job opening or hiring a recruitment agency.
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