To bridge the gap identified in a business, you can follow a six-step gap analysis procedure. First, formalize a plan. Then, identify the gap and investigate its causes. Once you understand the reasons for the gap, select actions to address it. For instance, if your business is lacking innovative product features, you might need to hire new talent to revamp your product design and development strategies. After implementing the selected actions, study the results and standardize the system for continuous improvement.
How do you get from where you are now to where you want to be? Use our Gap Analysis presentation to...
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