The committee concept is part of the 'Option 3' I mentioned earlier. It is a role formed to support and complement the current Devs' effort.  The committee should consist of well-trusted and respected community members, the founding Vertcoin dev (Bushido), and a few other active and contributing devs.  

The work by the committee includes accessing the current situation (eg ASIC, competition) and current asset (eg the partly implemented Lyra codes by Bushido and devs), before drawing up the plan.  The committee should focus on what would make Vertcoin _successful_ and not be distracted nor bogged down by any controversial 'hard topics' that really do little to no benefit to the coin.  Topics can be in the form of what other benefits/features Vertcoin needs to have and which it can bring to the world.

In summary, the idea behind forming a committee is to help Vertcoin succeed with a wholistic approach.