What does GAP ANALYSIS mean in Academic Degrees?
This page is about the meanings of the acronym/abbreviation/shorthand GAP ANALYSIS in the Academic & Science field in general and in the Academic Degrees terminology in particular.
Groupe d'Analyse Pratique ( de Problème)
Submitted by lsoussia on April 12, 2019
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Definition
What does GAP ANALYSIS mean?
- Gap analysis
- In management literature, gap analysis involves the comparison of actual performance with potential or desired performance. If an organization does not make the best use of current resources, or forgoes investment in capital or technology, it may produce or perform below an idealized potential. This concept is similar to an economy's production being below the production possibilities frontier. Gap analysis identifies gaps between the optimized allocation and integration of the inputs (resources), and the current allocation-level. This reveals areas that can be improved. Gap analysis involves determining, documenting and improving the difference between business requirements and current capabilities. Gap analysis naturally flows from benchmarking and from other assessments. Once the general expectation of performance in an industry is understood, it is possible to compare that expectation with the company's current level of performance. This comparison becomes the gap analysis. Such analysis can be performed at the strategic or at the operational level of an organization.
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"GAP ANALYSIS." Abbreviations.com. STANDS4 LLC, 2024. Web. 1 May 2024. <https://www.abbreviations.com/term/2057980>.
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