Unlocking Success: How to start a Business Advisory Council (BAC)
Why launch a BAC?
A Business Advisory Council (BAC) serves as a vital platform for businesses to convene regularly and provide valuable input on matters concerning their collective interests.
Through a BAC, businesses can:
- Provide insights on market trends and labor demands.
- Tailor training programs to meet industry needs.
- Advise on essential technical and employability skills.
- Advocate for policy changes to enhance job access and career advancement.
- Foster collaboration and partnerships for career pathways.
- Support your organization’s mission extensively.
Depending on your objectives, a BAC can take on various structures, whether it’s strategic, tactical or committee-based.
Four steps for starting your BAC:
- Define a clear focus
- Outline a charter of operations
- Recruit the right people
- Implement the council
By following these steps, you can lay the foundation for a dynamic and impactful Business Advisory Council that drives innovation, fosters growth, and strengthens industry connections.