How it Works
As part of the process implemented at Jemstone Innovations LLC as a powerhouse of business related services and sub-brands, we follow globally recognized best practices for businesses, inspired by proven business analysis standards such as BABOK, published by the International Institute of Business Analysis (IIBA). While BABOK covers a wide range of practices, our primary focus is on gap analysis as a strategic tool for complete business transformation. In essence, our gap analysis framework is built around three core processes that enable us to identify and bridge the gap between your current business status and that required to achieve your business goals. This targeted approach empowers your brand to improve multiple aspects of it function and success and align it with industry standards and demands. We invite you to explore each of these three processes and their supporting elements to see how our methodology can elevate your business through smart, results-driven business oriented solutions.​
​Identifying the Current State
Understanding the current state is the foundation of any effective gap analysis. This process involves assessing your business’s present performance, capabilities, resources, and market position with objective accuracy. By gathering data on current results, processes, tools, and customer perceptions, you gain a realistic picture of where they stand. This clarity prevents decisions from being based on assumptions or outdated information, ensuring that strategies are rooted in facts. Knowing the current state also allows your organization to identify strengths that can be leveraged and weaknesses that need to be addressed, providing a baseline against which progress can be measured.​
Defining the Desired Future State
Defining the desired future state gives your business a clear vision of what success looks like, transforming abstract ambitions into concrete, measurable goals. This process involves outlining the capabilities, performance levels, and market positioning the organization aims to achieve, while aligning them with customer expectations, competitive benchmarks, and industry trends. A well-defined future state not only inspires the team but also serves as a guiding framework for decision-making, ensuring all efforts are focused on meaningful outcomes. By setting specific targets and success criteria, you can create a strategic roadmap that motivates action and keeps progress on track.​
Identifying and Mapping the Gaps
Once the current and desired states are defined, the next step is identifying the gaps between them. This process pinpoints exactly where performance, capabilities, or strategies fall short and highlights the obstacles standing in the way of success. By mapping these gaps, you can prioritize actions based on urgency and impact, allocate resources where they are most needed, and develop targeted solutions that address the root causes of underperformance. This stage ensures that improvements are intentional, efficient, and directly tied to business goals, transforming insight into action and creating a clear path to closing the gap and achieving long-term growth.