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Gap Analysis contributes to the optimization of talent capabilities by identifying the current state of the team's skills and competencies and comparing it with the desired state. This process helps to reveal the 'gaps' or areas of improvement in the team's capabilities. Once these gaps are identified, appropriate development plans can be put in place, succession plans can be reviewed and compensation plans can be evaluated to ensure competitiveness. This way, Gap Analysis aids in aligning the team's talent capabilities with the organization's overarching strategy.
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High-performing teams spend over 25% more time focusing the enterprise than their lower-performing peers. That time is spent establishing financial and operational metrics, aligning goals with overarching strategy, allocating resources and reviewing key metrics. Those same teams invest almost one-third more time in optimizing talent capabilities by reviewing development plans, ensuring that succession plans are in place and evaluating compensation plans to be competitive.
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Use our Gap Analysis presentation to assess your team’s current state and identify ways to bridge the gap between your current state and your desired...
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