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What is GAP ANALYSIS?

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Question added by Vinod Jetley , Assistant General Manager , State Bank of India
Date Posted: 2015/01/04
Doha Shawki
by Doha Shawki , Independent Organizational Development & Human Resource Consultant , Datum International Data Systems

GAP analysis is a method of comparing the current status of an organization to the desired status.  Companies use GAP analysis to know where they stand today and where they actually want to be tomorrow.  In GAP analysis you measure the size of the GAP and then analyze the reasons causing the GAP and then work on fixing them to reach desired goals.

Sahar Alech
by Sahar Alech , Auditor / Financial Manager , Accounting Services Office

Agree with Mr. Vinod

Wolf Klaas Kinsbergen
by Wolf Klaas Kinsbergen , Managing Director, Designer , ingenieursbureau KB International NV

 

A technique that businesses use to determine what steps need to be taken in order to move from its current state to its desired, future state. Also called need-gap analysis, needs analysis, and needs assessment.

 

Gap analysis consists of listing of characteristic factors (such as attributes, competencies, performance levels) of the present situation ("what is"), listing factors needed to achieve future objectives ("what should be"), and then  highlighting the gaps that exist and need to be filled. Gap analysis forces a company to reflect on who it is and ask who they want to be in the future.

 

Vinod Jetley
by Vinod Jetley , Assistant General Manager , State Bank of India

The various items of rate sensitive assets and liabilities and off-balance sheet items are classified into time buckets such as1-28 days,29 days and upto3 months etc. and items non-sensitive to interest based on the probable date for change in interest.

The gap is the difference between Rate Sensitive Assets (RSA) and Rate Sensitive Liabilities (RSL) in various time buckets. The positive gap indicates that it has more RSAS  than RSLS whereas the negative gap indicates that it has more RSLS. The gap reports indicate whether the institution is in a position to benefit from rising interest rates by having a Positive Gap (RSA > RSL) or whether it is a position to benefit from declining interest rate by a negative Gap (RSL > RSA).

sajid mohammad
by sajid mohammad , Senior Audit assistant

agreed with sahar alech

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agree with  Specialties answer  <<<<<<<<<<<

RAJ DAHIYA
by RAJ DAHIYA , Senior MEP Projects Manager , Trinity Engineering Services L.L.C.

 

 

Gap analysis is the comparison of actual performance with potential or desired performance. If a company or organization does not make the best use of current resources, or forgoes investment in capital or technology, it may produce or perform below its potential.

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