What is an HR Center of Excellence (CoE)?
An HR Center of Excellence (CoE) is a component of traditional HR operating model. It is a centralized team of experts responsible for developing and implementing policies & practices in human resources.
The CoE typically has expertise in a wide range of HR areas, including:
- Talent acquisition
- Performance management
- Learning and development
- Compensation and benefits
- HR technology
- HR compliance
The goal of the HR CoE is to improve the efficiency and effectiveness of HR operations, and to ensure that HR is aligned with the overall business strategy. The CoE also plays a key role in driving innovation in HR, and in helping the organization to stay ahead of the curve in the rapidly changing world of work.