Monday, November 12, 2018

Word of the Day: center of excellence (CoE)

Word of the Day WhatIs.com
Daily updates on the latest technology terms | November 12, 2018
center of excellence (CoE)

A center of excellence (CoE) is a team of skilled knowledge workers whose mission is to provide the organization they work for with best practices around a particular area of interest. The concept of creating special-interest groups for thought leadership originated in lean manufacturing.

CoEs are often created when there is a knowledge deficit or skills gap within an organization. For example, a company may form a new center of excellence to manage the adoption and integration of robotic process automation (RPA).

 

An important goal of a center of excellence is to eliminate inefficiency and help move the organization to the next level of a maturity model. A CoE should include representatives from management, a line of business (LOB) and information technology (IT).

 

Depending upon the organization and area of interest, a CoE may be ongoing or temporary. When a CoE is ongoing, team members often have other job responsibilities; when the CoE is temporary, team members may be relieved of normal duties for the duration of the CoE.

 

Ideally, CoE members are responsible for disseminating knowledge about the center's area of interest and providing employees with support for implementing recommended best practices. In vertical industries where knowledge management is the team's primary responsibility, a CoE may also be known as a competency center or a capability center.

Quote of the Day

 
"The center of excellence is more than just an idea: It should have well-defined roles, responsibilities, authority and supporting business processes." - Eric Kimberling

Learning Center

 

Data literacy training offerings key to BI vendors
Data literacy training, or training on how to understand and use data, is something that both BI vendors Qlik and Tableau agree is important in today's world.

Artificial intelligence center of excellence emerges as best practice
The dust is not close to settling on how to apply AI in the enterprise. One way for enterprises to formulate an AI strategy is to establish an artificial intelligence center of excellence. But CIOs should be careful to tailor the CoE to the business appetite and need for AI.

Maximize the ROI of ERP projects with an ERP center of excellence
Learn the benefits of establishing an ERP center of excellence from a consultant who helps organizations get the most from their ERP projects.

RPA trends: Adoption at scale calls for governance, change management
The top RPA trends in automation deployment include a need for governance, change management and business-technology cooperation. Find out more in our overview of the recent UiPath Forward robotic process automation event.

RPA tools lead to better customer service: Three case studies
RPA tools promise to automate repetitive, manual tasks to free up workers to focus on bigger and better business goals. Here's how three companies and their workers fared after deploying robotic process automation.

Quiz Yourself

 

An executive can _______ a business intelligence dashboard to get an up-to-the moment snapshot of how some element of the business is performing.
a. use
b. utilize

Answer

Stay in Touch

 
For feedback about any of our definitions or to suggest a new definition, please contact me at: mrouse@techtarget.com

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