Every business or project faces challenges when actual performance doesn’t match expectations. That’s where a Gap Analysis Template in Excel comes in. It helps you identify the difference between your current state and desired goals, making it easier to create strategies for improvement. With this simple, customizable Excel template, you can quickly analyze gaps, prioritize actions, and plan for success.

What is Gap Analysis?

Gap analysis is a strategic tool used to compare where you are vs. where you want to be. It highlights performance shortfalls, inefficiencies, or missing resources that stop you from achieving goals.

For example:

• Current sales = $50,000/month

• Target sales = $80,000/month

• Gap = $30,000 → The analysis helps you decide how to close this gap.

Why Use a Gap Analysis Template in Excel?

• Simple & Visual: All information organized in a clear Excel sheet.

• Time-Saving: Pre-formatted for quick analysis.

• Customizable: Adapt for any industry (business, HR, finance, education, projects).

• Decision-Making Support: Identifies weaknesses and opportunities.

• Improves Performance: Provides a roadmap for closing performance gaps.

How to Use the Gap Analysis Excel Template

1. Define Your Goal/Target

   • Write down the desired performance or objective (e.g., sales, revenue, efficiency, skills).

2. Identify Current State

   • Fill in actual numbers or performance data in the template.

3. Calculate the Gap

   • The template helps you compare current vs. desired outcomes.

4. Analyze Causes

   • Add notes on why the gap exists (lack of resources, skills, budget, or strategy).

5. Action Plan for Improvement

   • Assign tasks, responsibilities, and deadlines to close the gap.

Benefits of Using This Template

• Clear visual of strengths vs. weaknesses.

• Helps businesses align resources with goals.

• Supports HR skill assessments and training needs.

• Useful in finance, marketing, sales, and project management.

• Great for both teams and individuals.

Download Gap Analysis Template in Excel

Our Gap Analysis Excel Template is ready-to-use, fully editable, and designed to help you bridge the gap between current and desired performance.

👉 Download the Gap Analysis Template in Excel today and start making data-driven improvements! Gap Analysis Template – Excel