Center of Excellence Framework
Today’s enterprises face unprecedented pressure from more nimble startups, volatile market trends, and a global health crisis. Those that thrive will be hyper-focused on driving value in the long term, innovating and adapting to changing conditions faster than their competitors.
Centers of Excellence were designed to improve the reach of critical expertise throughout the organization, agnostic of geographical location or business unit. For functions like IT or Operations, centers of excellence already have a strong track record of success.
A Center of Excellence is a centralized unit of dedicated people with a mission to streamline access to scarce, high-demand capabilities for rapid execution across the business. This group hones expertise in a specific subject area, standardizes best practices for wide-scale adoption, and provides thought leadership & direction in their area of expertise.
For instance, you may have the heads of various marketing-related functions from across different product lines gather in a Centers of Excellence around implementing best-in-class social customer care for their customers, with shared customer history, multiple types of customized content, and more relevant content production. Therefore, the Centers of Excellence would focus on providing training, best practices, and resources for all of these different teams, while also gathering the data and learnings from all of the teams to create a positive feedback loop.
Run the Business Centers of Excellences are focused on enterprise efficiency and driving bottom-line impact. These efficiencies can be found in reducing administrative transaction costs or enhancing operational decision support. Examples with the Finance unit include A/P, A/R, expense reporting, and tax accounting. Within HR these can be payroll or benefits and for IT they can include service desks, network infrastructure, and ops.
One important distinction to remember is that Centers of Excellence are separate from the business units they serve. This is by design to ensure maximum agility in deploying the Business Centers of Excellences across an organization.
This template will be primarily useful for the heads of IT companies. You can use in the preparation of the company’s development strategy using advanced developments. You can describe in detail what activities are required for each business process or line of business of your company.
Also, crisis managers can use this template when preparing a strategy for getting the company out of a crisis situation. Startup executives can also use this template when preparing for an investor meeting.
Also, this template can be used by department heads when preparing information to improve the work of the department. You can use the slides in this template to detail the cutting edge technologies and practices of the best companies in your industry.
Center Of Excellence Framework is a professional and modern template that contains four stylish and fully editable slides. If necessary, you can change all the elements of the slide in accordance with your corporate requirements. This template will be useful for heads of IT companies, heads of departments, startups and crisis managers. The Center Of Excellence Framework template will be a worthy addition to your collection of professional presentations.