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This is a three-step process: evaluating the current state of the organization, proposing a vision of the future, and conducting an analysis of the steps necessary to achieve the future vision. From this, management can develop and implement action plans that encompass all aspects of the organization. Some experts recommend adding a fourth step before embarking upon implementation: assessing the strengths and weaknesses of the vision to minimize unwanted side effects. (Thach & Woodman, 1994, 17)
Companies that opt not to perform a gap analysis may make decisions that later prove to be disastrous...
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