A business can avoid common mistakes by identifying areas for improvement, understanding where to apply a gap analysis model, and defining the end goal. It's important to review the current state of the business and gather all relevant business intelligence. Documenting all contributing factors that created the current state is also crucial. Setting quantifiable goals to strive for can help in avoiding mistakes. Looking at industry standards or historical data for the company can help in defining these goals. If sales have been growing at a certain rate but suddenly drop, the end goal might be to bring sales back up to the previous level or higher.
Use our Gap Analysis presentation to assess your team’s current state and identify ways to bridge th...
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