What best characterizes a feature of a Center of Excellence?

A Center of Excellence (CoE) is a team or structure that provides leadership, best practices, research, support, and training in a specific area of expertise. A key characteristic of a CoE is that it is guided by a charter. This charter outlines the CoE's mission, objectives, and approach to achieving its goals, ensuring that all activities are aligned with the broader organizational strategy.

Having a clear charter helps in establishing roles, responsibilities, and the governance structure necessary for the CoE to function effectively. This structured approach allows the CoE to focus on developing expertise, sharing knowledge, and driving innovation within the organization, which is essential for sustaining performance and achieving strategic objectives.

In contrast, quick decision making, solely focusing on compliance, or operating without leadership oversight do not accurately represent the primary characteristics of a Center of Excellence, which emphasizes structured guidance and collaboration to harness expertise effectively.