What Happens Next? - TCF Review and Gap Analysis
What Happens Next? - TCF Review and Gap Analysis
By this stage you will have reviewed your business and documented positive and negative areas.
The negative areas have been highlighted as potential gaps and you will have documented the action taken to turn them into positives. You will also have documented when the remedial action took place.
The next step is for you to conduct another review.
You have basically gone full circle and will need to review everything in your business again.
The chances are, the positives will still be positives and the negative gaps you highlighted will have been rectified. You need to document that the changes you made are now positives or are still negatives and follow the process through again.
As a guide, a review every six months should be sufficient for smaller businesses, unless the business changes strategy dramatically. In this case, more frequent reviews may be necessary.
Elsewhere in 5. TCF Review and Gap Analysis:
TCF Review and Gap Analysis Home
What is a TCF Review?
What is a TCF Gap Analysis?
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