#Free gap analysis templates how to
#Free gap analysis templates download

Analytics Business analytics or BA is the process of systematic analysis of the business data with focus on statistical and business management analysis and reporting.

#Free gap analysis templates download

Now download the gap analysis template excel and easily compare and track your actual vs target values.Д¬lick here to download your free gap analysis template As a result decision making based on facts will be more effective decision making. However by using this kind of template youвЂ™ll be able to track your execution and progress by using facts. Comparing the current state and the desired state is the foundation of your gap analysis. The best gap analysis template you can use is the report that compares the actual vs target KPIs and metrics. This leads to uncovering alternatives for improvement. Tracking sales will tell you the actual results but tracking the appropriate metrics will tell you why certain sales level happened. This is especially important in gap analysis.Д®ven the simple example of sales growth used earlier will require tracking of more metrics and KPIs compared to just tracking sales. KPIs (key performance indicators) and business performance metrics are frequently used to measure, monitor and track performance. This helps us know if we are on target and more importantly help us adjust our approaches, tactics and process. In order to track the progress we will need to track the sales performance month after month and we learn how good we execute our strategy. In the previous example we had a $5M gap in sales growth. In addition, equally important is to be able to track these two states as you execute the strategy. Why? Because you want to define the current state of your performance, define the future or desired state of performance and be able to close the gap.Дata is important to define the gap analysis and its current and future states. In order for any gap analysis to be effective it has to be based on real facts, data and information. However before we go in details about the gap analysis template letвЂ™s review its real purpose first. This is where the gap analysis template will help. However when it comes to implementation or execution of a strategy (the main purpose of any gap analysis) most managers can easily fail. They understand what works and what doesnвЂ™t work. However what makes huge difference between effective gap analysis and any other typical business analysis is the execution part.Д«usiness managers are generally capable to clarify their strategies and their current business models.

#Free gap analysis templates how to

We also talked about the link between the business strategy and the gap analysis process and how to create gap analysis report. Rated #1 Excel Dashboards, Scorecards and KPIs ReportsДownload Free Templates for Sales, HR, Finance, Marketing, Quality. We already talked about what is gap analysis and we went through gap analysis examples, process, report and structure of the analysis.Дownload All Products Today And Save 60% >