The thing is, it actually works.
Think Tank Waukegan is a weekly program comprised of business professionals and partnering agencies, designed to provide support to businesses in need of immediate strategic direction, advice, and guidance. The intent of the program is to strengthen the capacity of an individual or organization by providing timely assistance for an immediate issue. The advisors provide this service free of charge to participants as a service to the community.
requires the business to detail its business model and provide the advisors with a general understanding of operations. Next, the business will detail any current issues confronting the business, along with any efforts to overcome those barriers.
the program requires advisors to meet independently of the business to review the initial consultation, discuss the situation, and recommend possible solutions or tactics to overcome the issues confronting the business.
the group meets once again to provide final recommendations for overcoming obstacles. Recommendations are solution based and are meant to be practical and actionable steps the business can take to overcome the problem.
This service lasts approximately three weeks, or three sessions, for each individual business but can be extended depending on the level of assistance the business needs. This service is valued at over $300 per 3 week session.
Since program inception in July of 2013, the Think Tank program has worked with more than 12 businesses providing assistance ranging from management to sales and marketing.