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- Gap Analysis-Performance Matrix
Gap Analysis-Performance Matrix
The Gap Analysis-Performance Matrix is a strategic tool used to identify and evaluate the gaps between current performance and desired performance levels within an organization. It helps businesses pinpoint areas that require improvement and prioritize actions to bridge these gaps, ultimately enhancing overall performance and achieving strategic objectives.
At a very high level, the Gap Analysis-Performance Matrix is used in the context of business, performance management, strategic planni.
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- Performance Appraisal Matrix
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- Performance Management-Value Stream Alignment Matrix
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- Procurement Capability-Value Matrix
- Procurement Maturity Matrix
- Product Adoption Matrix
- Product Costing Matrix
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- Product Design-Value Matrix
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- Product Development-Value Matrix
- Product Differentiation Matrix
- Product Feature Matrix
- Product Feature-Value Alignment Matrix
- Product Feature-Value Matrix
- Product Launch-Performance Matrix
- Product Life Cycle Matrix
- Product Portfolio Matrix
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- Product-Market Fit Matrix
- Product-Market Matrix
- Product-Market-Technology Matrix
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- Productivity Improvement Matrix
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- Service Profit Chain Matrix
- Service Quality Matrix
- Service-Value-Complexity Matrix
- Six Sigma DMAIC Matrix
- Six Thinking Hats Matrix
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- Skills Assessment-Development Matrix
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- Social Media Analytics Matrix
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- Social Network Analysis Matrix
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- Software Development Capability-Value Matrix
- Software Development Lifecycle Matrix
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- Software Performance-Value Matrix
- Software Quality Matrix
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- Software Testing Capability-Value Matrix
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- Solution Design Matrix
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- Sponsorship Marketing Matrix
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- Stakeholder Analysis Grid
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- Startup Financial Plan Matrix
- Store Atmosphere-Consumer Perception Matrix
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- Strategic Capability-Value Matrix
- Strategic Capability-Value Proposition Alignment Matrix
- Strategic Capability-Value Proposition-Value Chain Alignment Matrix
- Strategic Capability-Value Stream Alignment Matrix
- Strategic Capability-Value Stream-Value Proposition Alignment Matrix
- Strategic Maturity Matrix
- Strategic Option Matrix
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- Strategic Performance-Value Matrix
- Strategic Performance-Value Proposition-Value Chain Alignment Matrix
- Strategic Performance-Value Stream-Value Chain Alignment Matrix
- Strategy Culture Matrix
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- Strategy Map
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- Supply Chain Analysis Matrix
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- Supply Chain Efficiency Matrix
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- Supply Chain Optimization-Value Alignment Matrix
- Supply Chain Performance-Value Matrix
- Supply Chain Risk Matrix
- Supply Chain Risk-Performance Matrix
- Supply Chain Risk-Value Matrix
- Supply Chain Visibility Matrix
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- Sustainability Performance-Value Chain Alignment Matrix
- Sustainability Performance-Value Matrix
- Sustainability Performance-Value Proposition Alignment Matrix
- SWOT Analysis Matrix for Marketing
- SWOT-Gap Matrix
- SWOT-PEST Analysis Matrix
- System Development Capability-Value Matrix
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- Systems Engineering Capability-Value Matrix
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- Talent Acquisition-Performance Matrix
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- Talent Development Matrix
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- Talent Management Capability-Value Alignment Matrix
- Talent Management Matrix
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- Talent Performance-Value Matrix
- Talent Pool Matrix
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- Target Market Matrix
- Technology Adoption Lifecycle
- Technology Assessment Matrix
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- Technology Capability Maturity Model
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- Technology Evaluation Matrix
- Technology Innovation Matrix
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- Technology Performance-Value Matrix
- Technology Platform Matrix
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- Technology Roadmap Matrix
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- Technology-Value-Complexity Matrix
- Test Matrix
- The 7 Habits of Highly Effective People
- The Impact-Effort Matrix
- Time Management Matrix
- Time Value of Money Matrix
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- Total Cost of Ownership-Value Alignment Matrix
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- Total Quality Management Matrix
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- Total Value Matrix
- TOWS Analysis Matrix
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- Training Capability-Value Matrix
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- Training Performance-Value Matrix
- Training-Value-Complexity Matrix
- Transition Capability-Value Matrix
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- User Experience Matrix
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- User Needs-Value Proposition Alignment Matrix
- User Research-Value Proposition Alignment Matrix
- Value Chain Analysis
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- Value Creation Matrix
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- Value Proposition Canvas
- Value Proposition-Competitive Advantage Matrix
- Value Stream Mapping Capability Maturity Matrix
- Value Stream Mapping Matrix
- Value-Based Pricing Matrix
- Vendor Evaluation Matrix
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- Vendor Performance-Cost Matrix
- Vendor Performance-Value Alignment Matrix
- Vendor Risk Matrix
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- Vendor Risk-Performance Alignment Matrix
- Viral Marketing Matrix
- Voice of Customer Matrix
- Website Traffic-Conversion Matrix
- Work Breakdown Structure (WBS)
- Workforce Capability Development-Performance Alignment Matrix
- Workforce Capability Development-Value Alignment Matrix
- Workforce Capability-Performance Matrix
- Workforce Capability-Value Alignment Matrix
- Workforce Development-Performance Alignment Matrix
- Workforce Development-Value Matrix
- Workforce Development-Value Proposition Alignment Matrix
- Workforce Performance-Value Chain Alignment Matrix
- Workforce Performance-Value Proposition-Value Chain Alignment Matrix
- Workforce Performance-Value Stream Alignment Matrix
- Workforce Skill Development Matrix
- YouTube Marketing Matrix
What is the Gap Analysis-Performance Matrix?
A visual explanation is shown in the image above. The Gap Analysis-Performance Matrix can be described as a matrix with the following quadrants:
- High Current, High Desired: Areas where current performance meets or exceeds desired performance, e.g., 'Customer satisfaction is at 90% against a target of 85%'.
- Low Current, High Desired: Critical gaps where current performance is below desired levels, e.g., 'Response time is 30 minutes against a target of 5 minutes'.
- High Current, Low Desired: Areas where performance is higher than needed, indicating potential over-resourcing, e.g., 'Inventory turnover is 15 times against a target of 10 times'.
- Low Current, Low Desired: Non-critical gaps where both current and desired performance are low, e.g., 'Internal meeting frequency is 1 per month against a target of 2 per month'.
What is the purpose of the Gap Analysis-Performance Matrix?
The Gap Analysis-Performance Matrix is a powerful tool for businesses aiming to improve their performance and achieve strategic goals. This matrix is divided into four quadrants, each representing different levels of current and desired performance. By plotting various aspects of business operations, such as processes, skills, and resources, on this matrix, organizations can visually identify areas where performance is lacking and where it meets or exceeds expectations.
For example, a company may use this matrix to assess its customer service operations. The current performance in handling customer inquiries might be plotted against the desired performance level. If the current performance is significantly lower than the desired level, this indicates a gap that needs to be addressed. The matrix helps prioritize which gaps are most critical and require immediate attention.
Use cases for the Gap Analysis-Performance Matrix include strategic planning, performance reviews, and continuous improvement initiatives. It is particularly useful in industries where performance metrics are crucial, such as manufacturing, healthcare, and customer service. By regularly updating the matrix, organizations can track their progress over time and make informed decisions to drive continuous improvement.
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What templates are related to Gap Analysis-Performance Matrix?
The following templates can also be categorized as business, performance management, strategic planni and are therefore related to Gap Analysis-Performance Matrix: Product-Market Matrix, 4 Ps Marketing Mix Matrix, AI Capability-Value Proposition Alignment Matrix, AI Innovation-Value Alignment Matrix, AI Maturity Matrix, AI-Value Proposition Alignment Matrix, AI-Value Proposition Matrix, AIDA Marketing Matrix. You can browse them using the menu above.
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