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|Articles - November 2011|
|Wednesday, October 19, 2011|
Page 2 of 7
Companies also need more diverse boards for image purposes and to better understand the needs of an increasingly complex and diverse workforce and marketplace. “If you’re sitting on a board where the customer base or buyers are female, you’d have a very difficult time understanding your market with an all-male board,” says Kirby Dyess, principal of Austin Capital Management, a former Intel vice president and a member of PGE’s board of directors. She cited the utilities industry as an example of such a “diversified” sector.
Companies with a critical mass of female board members also tend to hire more female corporate officers than companies without women on the board. According to another Catalyst report, companies with at least 30% women board directors in 2001 had on average 45% more women corporate officers by 2006, compared to companies with no women board members. In both the financial performance and corporate officer reports, the key number of female directors appears to be three. “That’s the magic number where change actually happens,” says Boughton. Oregon’s women executives agree. “When you have more than two women on a board, there’s an additive effect; you have more confidence to speak out,” says Patricia Moss, chief executive and chair of the Bank of Cascades and one of three women who sit on the board of MDU Resources Group, a Fortune 500 company based in North Dakota.
Only four of the 46 public companies in Oregon have at least three women serving on their boards of directors: Nike, StanCorp, Albina Bank and Schnitzer Steel. There are only two companies with female chief executive officers — Schnitzer and Bank of the Cascades. Both have at least one woman on their boards.
Thursday, August 28, 2014
OB Research Editor Kim Moore shares some pointers about the 100 Best Companies to Work For survey.
Wednesday, August 27, 2014
BY KIM MOORE
A conversation about higher education with the presidents of the University of Oregon and Clackamas Community College, followed by September's powerlist.
Tuesday, August 26, 2014
BY VIVIAN MCINERNY
Craft beer comes to Mount Angel.
Monday, August 25, 2014
BY JASON NORRIS | OB GUEST BLOGGER
Ferguson Wellman’s investment views on the economy and capital markets.
Wednesday, July 09, 2014
BY LINDA BAKER | OB EDITOR
Scott Kveton, the CEO of Urban Airship is taking a leave of absence from the company. As the story continues to unfold, here’s our perspective on a few of the key players.
Tuesday, July 08, 2014
BY LINDA BAKER | OB EDITOR
The New Yorker recently published a sharply worded critique of “disruptive innovation,” one of the most widely cited theories in the business world today. The article raises questions about the descriptive value of disruption and innovation — whether the terms are mere buzzwords or actually explain today's extraordinarily complex and fast changing business environment.
Update: We caught up with Portland's Thomas Thurston, who shared his data driven take on the disruption controversy.
Friday, August 22, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
When business intersects with family, a host of situations can arise. Without a clear vision and careful planning, hard-earned investments can become stressful burdens.
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How six leading foundations are working together for a better Oregon.
Vigilant enters a New Year with a new president.
Lane Powell Shareholder William T. Patton has been appointed to the board of directors for Cascade AIDS Project, an organization that provides educational services and outreach to thousands of Oregonians living with HIV/AIDS.
Fifty-one Lane Powell lawyers were recently selected by their peers for inclusion in The Best Lawyers in America® (Best Lawyers) 2015; of those selected, 23 lawyers are from the Firm’s office in Portland, Oregon.
Barran Liebman is proud to announce that Andrew Schpak, a Partner of the firm, has been named Chair of the American Bar Association’s Young Lawyers Division for the 2014-2015 bar year.