Difference between current performance-desired performance

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Reference no: EM133356068

Assignment:

You need a Performance Gap Analysis for FABLETICS.

1. Establishing Your Current Performance

To begin with, you need to pick the area of performance that you want to measure. For instance, if you are concerned about sales performance, you might use your sales in dollars or the number of units as your performance measure.

2. Setting the Desired Performance Level

With your current performance established, you will still need to set the desired performance level-the goal that you want to achieve. Choose a goal using the same metric that you used to measure your current performance so you can easily compare the two.

3. Measuring the Gap

Measuring the gap requires calculating the difference between your current performance and your desired performance.

4. Closing the Gap

With a quantifiable gap in performance established, you can start working toward reducing and eliminating it.

Reference no: EM133356068

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