There are several names for a gap analysis, including variance analysis, needs assessment, and efficiency tracker. Organizations can narrow gaps in their systems and get closer to their objectives by identifying where they are in the system. Businesses may easily identify areas for skill development and create winning strategies by using gap analysis templates.
They can also be used as a jumping-off point for designing modifications to processes or creating brand-new goods and services. Businesses may effectively assess progress and ensure accountability throughout the entire process by using gap analysis templates.
It may appear like a monstrous undertaking, better suited for change agents such as business analysts. However, anyone may be ready to make significant changes in people, processes, marketing strategies, and products with the help of gap analysis templates.
We have compiled a list of the best gap analysis templates that facilitate feedback, communication, and teamwork amongst teams and enterprises across industries.
Here are some top templates for conducting a gap analysis to help you achieve strategic success:
1. Basic Gap Analysis Template
This template includes sections for your current state, your desired future state, and the gaps in between. It’s a simple way to start your gap analysis.
2. Performance Gap Analysis Template
This template focuses on the performance gaps within your organization. It includes sections for goals, current performance, target performance, and the actions required to bridge the gaps.
3. Process Gap Analysis Template
For organizations looking to improve processes, this template helps identify gaps in your current processes and suggests ways to improve them. It includes sections for process description, current state, target state, and action steps.
4. Market Gap Analysis Template
When entering new markets or expanding your product line, this template helps you analyze the gaps in the market. It includes sections for market research, demand analysis, and strategies for capturing market share.
Use this template to compare your organization’s performance and strategies with those of your competitors. It includes sections for competitor analysis, your organization’s performance, and strategies for closing the gaps.
5. Technology Gap Analysis Template
If technology plays a critical role in your organization’s strategy, use this template to assess the technology gaps. It includes sections for current technology, desired technology, and a plan for bridging the gap.
It is also the
Template to go for if you are considering risks and risk mitigation in your strategic planning. It can help you identify gaps in risk management and develop strategies to minimize them.
6. Resource Gap Analysis Template
This template is for analyzing gaps in your resources, such as budget, manpower, or equipment. It includes sections for current resources, required resources, and a plan to acquire them.
Resource gap analysis also helps assess gaps in your financial performance, revenue, expenses, and profitability. It includes sections for financial data, budget, and strategies to close the gaps.
7. Project Gap Analysis Template
For project-specific gap analysis, use this template. It includes sections for project goals, current status, desired outcomes, and action items to close the gap.
8. Strategic Gap Analysis Template
This comprehensive template focuses on strategic planning. It includes sections for your organization’s vision, mission, goals, and strategies, helping you identify gaps in your strategic approach.
9. Action Plan Template
After identifying gaps, use this template to create a detailed action plan with specific tasks, responsible individuals, timelines, and milestones to bridge the gaps.
10. KPI Gap Analysis Template
If you are focused on key performance indicators (KPIs), use this template to identify gaps in your KPIs and develop strategies to meet your performance targets. The information from key indicators can help you develop the best marketing strategy for your business.