Knoxville Chamber
Member MD

A Business Analysis Tool

Most businesses are so focused on the day‐to‐day tasks of operating a company that there is little time to evaluate the structure, systems, market, and processes of the organization. That's where Member MD comes in.

The Knoxville Chamber has developed this analysis tool to help members examine their businesses and identify areas that can be strengthened. The series of questions allow professionals to see the common areas of concern in all companies. The Chamber has developed the analysis focusing on five areas of importance to all businesses - Financially and Operationally Sound, Technically Aware,Market and Relationship Savvy, Personally and Professionally Prepared and Legislatively and Politically Informed.

Much like a health risk assessment, Member MD highlights issues that can lead to longer business life. A personal health risk assessment includes a series of questions that identify the potential of adverse health conditions or disease. A health risk assessment may lead to recommendations about exercise, diet, or behavior changes. Implementing a health risk assessment's recommendations decreases the probability of health problems, but there is no guarantee of a long and disease‐free life.

In the same manner, Member MD identifies risk factors and recommends a course of action based on things that healthy and successful businesses have done in the past. But, following those recommendations is not a guarantee of success. Just like unforeseen circumstances can cause heart disease, business complications can come from unexpected issues. However, the recommendations of the business analysis can place a business in a stronger posture to succeed.


Member RX

A Business Prescription

Following completion of the analysis, member businesses will be presented with a "prescription," which includes a course of action, remedies, and a roadmap to address areas of concern. The recommendations, known as Member Rx, will include suggested classes, readings, podcasts, and videos. Member Rx will also identify experts and other member businesses or non-profits that can provide assistance.

 

Confidentiality and Agreement



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