Business Advisory Committees
After a client has been accepted they will be assigned a business advisory committee. These committees will be led by one of the WTBC’s professionals. Clients will give the selection committee a short presentation on their business and goals and the committee will have an opportunity to ask questions. It is important for the committee to assess the willingness and ability of the client to follow through with the program, as well as to assess the ability of the company to excel in the market wherein it competes.
- A Business Advisory Committee’s purpose is two-fold:
- They are a subtle form of peer-pressure.
- Useful in aiding the client to enter into a quarterly planning cycle and they provide advice and expertise since members are themselves accomplished business people.
- At committee meetings clients give a progress report, discuss a special focus issue, and lay out goals and objectives for the next quarter.
- In situations with little or no progress; the committee helps the company focus on the missed objectives laid out in the last quarter and what they will do in the next.