3. Summarise and analyse current performance for the organisation or work area to identify required changes or improvement opportunities. ST Collect information about your business performance. Do this by reading available performance reports (that include mathematical information). i If you are using the case study, review the 2021. Performance Overview in the Simulation Pack. Based on the information you've collected, summarise and analyse the current performance of your chosen organisation or work area to identify changes or improvement opportunities. To do this first: summarise current performance (including mathematical information) and identify variances from existing plans identify and analyse trends and opportunities relevant to the organisation or work area analyse supply chains and the operational and service systems using Gap analysis and determine the cost-benefits of the changes, improvements, or new ideas. i As you analyse the way things are currently done, remember that this is just one way of doing things and improvement or changes are possible. In your gap analysis, identify areas needing improvement or changes and suggest new ideas that may be trialled and tested to meet the need or opportunity. After your analysis, set objectives for continuous improvement and the way things work