Why GA Reporting?
If it is time for your organization to boost its performance to the level of its full capabilities, we will provide you with the assessment needed to achieve it.
With the emergence of newer technologies and changing business priorities, there is a constant need for modification to an Organization’s current processes, systems or performance to attain the objectives that achieve those priorities.
Gap Analysis is a comparative assessment between the actual performance results with what was expected, planned or desired. It is a process to identify missing strategies, structures, capabilities, processes, practices, technologies or skills.
Our GAP ANALYSIS Report aims to document :
- The current state/performance/capability (also called As-is state) against the state of the set business objectives (also called To-be state).
- The improvements (characteristics, features, performance, etc..) that are needed to the to-be-state.
Our Report will establish the following :
- How Gaps were identified
- Where the Gap is occurring
- Why the Gap is occurring ( root causes)
- Is it an internal or external factor
- Recommendations on how to address the root causes
- Develop a mitigation or elimination plan
We will support your Organization in the following :
- What key events and critical decisions led to this point?
- Identify why the Root cause was not initially observed
- If Root Cause was previously observed but not handled, it is important to understand the challenge of not eliminating the Root Cause.
- Identify end dates when you’d like to have the gaps resolved and millstones or KPIs to re-measure plan progress at mid way
- How to avoid overlapping gaps at the same time that will hinder your overall progress towards your set target
- What resources are required in order to bridge the gap?
- Do we need to modify or set new objectives?
- What did we do well?
- What could we have done differently?
Our Gap Analysis is particularly attentive to WHY the gap occurs and HOW measures can be taken to reduce or eliminate the GAP.
The 5WHYs and the 5HOWs are among many tools used to conduct a Gap Analysis that provide an identification of the Root Cause of the Gap(s).
Concrete vs. Conceptual
We can perform a concrete gap analysis that looks at the real world, or a conceptual one that examines hypothetical scenarios. A conceptual gap analysis, required making assumptions about which parameters to use.
As opposed to risk assessment, which tend to be forward-looking, a gap analysis examines the current state. Risk assessment includes the identification, analysis, and evaluation of uncertainties to objectives and outcomes of an organization.
Sustainability GA does actually combine traditional gap analysis with uncertainties and risk assessment
Strategic vs. Operational
A gap analysis can be strategic and focus on the overall organization and the planning and execution at that level, or all the way to the operational and focus on the day-to-day work of a product, project, team or department.
Since both are based on real-world situations, there’s no need to make assumptions.
In all cases, successful Gap Analysis does not only look at your own company’s performance, but it is most valuable when analysis is mapped against Corporate Goals.
It is imperative that the organization has its Strategic Goals in place to allow the analysis to be effective and reflective of the Corporate Strategy.
Therefore, the first step before we start a Gap Analysis is for the organization to consider revisiting the Strategic Goals and Business Objectives.
In the world of Corporate Sustainability, organizations perform Gap Analysis for multiple reasons, among which :
- Benchmarking: Comparing created value against external practices of peers ( national, regional, global) criteria.
- Portfolio Analysis: Examining if their services/product portfolio can provide new opportunities for creating a shared value
- Processes: Revealing shortcomings of processes that prevent achieving the organizations commitment.
- Performance Indicators: A gap analysis can be applied to economic, environmental or social indicators and deduct quatative data on why results are falling short from the Sustianblity Commitments/ Objectives.
- Usage Gaps: in traditional Usage Gap gap is the difference between current market size for a product or service, and the potential market size. For Sustainability, usage gap is reflected from the lens of identifying viable Partnerships, where a certain social or environmental needs ( as in a product market) are too vast to be handled by one organizations. Collaboration among organizations feels this need gap.
The benefits of GA to reach the desired level of Commitment towards Sustainable Practices :
- Insight into areas that need improvement, such as efficiency, products, profitability, processes, customer satisfaction, performance, participation, and competitive advantage
- Ensuring that project requirements have been met
- Finding areas of weakness and shortcomings to address
- Uncovering differences in perception vs. reality
- Guide decision makers, which can lead to better decisions
- Finding optimum areas for allocation of resources