Capsim Gap Analysis Report
Capsim Gap Analysis Report
competencies and whether your preferred strategic option as detailed in Andrews-Business-Plan worked for your company as you predicted.
The gap Analysis is the deviation from your business plan(Andews-Business-Plan) estimated balanced scorecard outcomes at the end of the eighth financial year and the actual outcomes(Capsim Round 0-8) achieved.
Please use the 5 concepts of 5S, Kaizen, Lean, Six Sigma, and DFSS to complete the Gap Analysis.
These 5 concepts are particularly critical in Gap Analysis in which you need to provide recommendations and methodologies to bridge the gap between your current status and desired status or in case of your Capsim activity between your planned outcomes(Andrews-Business-Plan) and the actual outcomes(Capsim Round0-8).
These 5 concepts provide effective methods to create efficient environment (5S), to encourage the culture of change by fostering willing participation (Kaizen), to decrease the waste (Lean), to set control points and to ensure goal achievements (Six Sigma), and finally to design a robust system which integrates these methodologies (DFSS) in order to bridge the gap between desired results and actual results for your organisation.
Requirements for gap analysis report
The gap is the magnitude of the difference between planned and actual performance over the course of the simulation exercise.
If the gap is negative, then it is likely that this is not a core competency or certainly needs far more attention from management.
If the gap is positive, then this should be a core competency and refined to create a competitive advantage that can be further developed.
For example, competencies in automation and human resources could lead to a competitive advantage in cost leadership.
You could also develop competencies in areas such as: awareness, accessibility, product redesign, product creation and innovation, automation, plant utilization, human resources, cash flow management, and forecasting.
Having determined the extent of the gap to an appropriate level of detail, provide rational argument as to:
1 Why there is a GAP;
2 What factors have caused this GAP to occur;
3 When did this GAP first appeared; and
4 What corrective steps may have been taken to ensure such as GAP does not occur in the future?
Your conclusions should contain your determination of whether the gap is significant and needs to be corrected through a specific set of recommended actions.
If the gap is significantly different from the outcome projected in the Andrews-Business-Plan and if it is now not achievable, then consequently it has to be modified to address the altered circumstances of the current market place.