There are many business organizations that constantly experience a skills gap as they keep staying ahead of shifting conditions in their work environment and modifying expectations from their constituents, shareholders, and consumers.  What is the key to reaching success under such kinds of circumstances? You need to catalyze skilled talent to effective strategy and goals. Although this is a particular task that has become more challenging and complex in an increasingly global and changing world,  it is essential that you understand the skills gap and an action plan for being responsible for it. In this article, we provide you with some beneficial steps and a wide array of downloadable gap analysis templates useful in identifying the internal and external factors affecting your business status. Keep on reading!

FREE 10+ Skills Gap Analysis Samples

1. Skills Gap Analysis Sample

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2. Skills Gap Analysis and Strategies

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3. Printable Skills Gap Analysis

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4. Skills Gap Analysis Checklist

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5. Standard Skills Gap Analysis

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6. General Skills Gap Analysis

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7. Editable Skills Gap Analysis

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8. Formal Skills Gap Analysis

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9. Skills Gap Analysis Format

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10. Professional Skills Gap Analysis

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11. Basic Skills Gap Analysis

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What is a Skills Gap Analysis?

A skills gap analysis is a diagnostic report while collecting information on the skill gaps of a particular individual or group of individuals in your company or organization. Thus, it is about focusing on the necessary work skills and competencies that your employees must practice and improve in order to drive growth in your business. This analysis acts as an efficient tool that recognizes the potential capabilities of an organization as well.

How to Create a Skills Gap Analysis 

Creating a gap analysis report provides some advantages in detecting certain problems to upgrade tactics for marketing and business strategies. How can you become successful in implementing steps for skills gap analysis? We recommend that you use our skills gap analysis templates above that you can download conveniently. Here are the simple and effective steps that you can do after downloading your selected gap analysis template:

1. Evaluate your current position in the market industry

Make a thorough evaluation of your current business position in the market industry. It is integral because your employees, products, and services need evaluation for further development.

2. Get to know your industry rivals

Creating a list of your industry rivals allows you to make a comparison on your business. There are different types of competitors. So, you need to be knowledgeable about their advantages and disadvantages and compare these aspects on how you encounter challenges in your business.

3. Determine key skills

In order to determine the key skills which are essential for the future and overall growth of your company, set up a careful assessment of your employees and check each of their strengths and weaknesses in the workplace. Some examples of key work skills that you need to look for in your employees are problem solving, self-management, planning and organizing, teamwork, clear communication, and many others.

4. Create a clear and structured analysis

The last step is creating a clear and structured analysis of their current skills, competencies, and work performance. Try to look at their skills set and analyze carefully on what specific critical areas that they need to improve. 

FAQ

What is a gap analysis report used for?

A gap analysis is a type of method that business firms use in developing comparisons on their present performance with their desired, expected performance. This analysis is utilized to determine whether an organization is able to fulfill its expectations and use its resources efficiently and productively.

How do you conduct a skills gap analysis?

Plan your analysis conscientiously and specify your organization’s future goals. Become aware of the latest and upcoming work trends. Identify key skills that are fundamental for the future. Assess the current skills and look where the gaps are. Then, convert your findings and innovative solutions into action.

What are the basic steps of gap analysis?

Some of the basic steps of gap analysis are choosing a focal point of the analysis, identifying specific targets or goals, defining the present condition of the employees’ skills, determining the future status of their skills, and evaluating the gaps in their work skills.

What are the advantages and disadvantages of skills gap analysis?

The advantages of skills gap analysis is identifying particular employees who have low work skills and low performance and making an evaluation of the company’s overall productivity. On the contrary, the disadvantages of conducting a skill gap analysis are it may appear to be more expensive due to the possible extra training that will likely be executed, and many more.

Several underlying causes of the skills gap in various business firms and organizations are economic conditions, changing jobs, the internet generation, gap between academic achievement and the skills requirements and many more. There was an article published by Time magazine back in 2009 which emphasized that skills training helps break the cycle of low skills, low work productivity, and low wages. So, you need to make sure to address skills gaps through facilitating unified focus on skills and talent management from the assistance of learning professionals. Get a skills gap analysis template today and promote new strategies to respond to the skills shortages in today’s generation. 

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