Skill Gap Analysis is a process used by organizations to identify the difference between the skills their employees currently possess and the skills needed to meet business goals. This analysis helps in understanding where training and development efforts should be focused to enhance employee performance and productivity. By conducting a Skill Gap Analysis, companies can create targeted training programs, improve workforce capabilities, and ensure that they remain competitive in their industry. This process often involves assessing current skills, defining required skills, and developing strategies to bridge the gap, ultimately leading to a more skilled and effective workforce.