Organizing project committees to investigate business opportunities and conducting the meetings needed to accomplish the investigation is one of the first tasks of a value-added business project. By properly structuring the committee and its meetings, you can greatly reduce the time involved in assessing the opportunity and thereby reduce the frustration of the group members. At the same time, you will increase your chances of coming up with the right answer.
For guidance in creating a productive value-added committee and in conducting business meetings, read Forming a Viable Value-added Project Committee and Holding Successful Meetings.
For more information on forming committees and conducting business meetings, see the box at the right.