Posted by: Derek Weeks on: April 14, 2011
Few organizations, less than 20% according to a recent study by Robert Kaplan and David Norton, are able to execute successfully on their business strategy1. Implementing the right business improvements is nearly impossible when you have no clear understanding of how your business’ strategy, processes, people and content are interconnected. Many of today’s successful organizations have deployed a powerful process center of excellence (COE) to unite business and IT and help drive innovation to transform their businesses. Organizations with a COE are able to successfully execute improvements and handle unexpected challenges and change for a distinct competitive advantage.
When trying to improve or build a COE, make sure you have these six key strategies for success:
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