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|Articles - March 2012|
|Friday, March 02, 2012|
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Pacific Continental Bank
In 2009, the now 40-year-old bank actually experienced a small loss, so there was no match that year. But rather than accept an offer of a 50-cent match no matter the annual return, employees opted to be positive about the bank’s future.
“They said, ‘No, we want to be on the upside,’” says Hal Brown, CEO.
Pacific Continental has since rebounded, but Brown says the example typifies the commitment of the bank’s roughly 250 employees. Even more illustrative, he adds, is that 155 of those employees have been with Pacific Continental more than five years.
The bank doesn’t have massage tables for tellers or company beer nights; what it does have, according to Brown, is a culture of respect and appreciation for everyone. When someone asked him recently if he’d had to play his CEO card, Brown had to chuckle.
“I don’t think anybody plays the boss card here,” he says. “There is a mutual respect that just permeates the whole company.”
The employee spectrum at this educational technology company spans from Ph.D. scientists to laborers who pack cardboard boxes — and everything in between.
But according to company president David Vernier, such distinctions mean very little, setting the tone for what it’s like to work at Vernier.
“One of our strong suits is that nobody’s better than anybody else,” says Vernier, a former high school science teacher who founded the company in 1981.
At Vernier, that means that everyone works — and plays — together. On top of a slew of traditional benefits, the company, which develops data collection software and sensors for use in classrooms, hosts frequent parties, weekly volleyball, soccer and basketball games, and occasional movie days. Employees also get access to Vernier’s Sunriver condo for three days every year.
The company focuses plenty on sustainability initiatives, from its LEED-certified building to a smattering of fruit trees and blueberry bushes planted out back.
Vernier says creating such a work environment helps foster a workforce that’s healthy, happy and in it for the long haul.
“We don’t lose a lot of people,” he says.
Monday, June 16, 2014
The Oregon economy could get a boost from a new trade agreement being negotiated between the U.S. and the European Union.
Monday, July 14, 2014
BY TERRY "STARBUCKER" ST. MARIE
I really didn’t know that much about angel investing, but I did know a lot about the entrepreneurial spirit.
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.
Thursday, July 03, 2014
BY TED AUSTIN & MIKE BAELE | GUEST CONTRIBUTORS
The Office of Economic Analysis announced that Oregon is currently enjoying the strongest job growth since 2006. While this resurgence has been welcome, the lingering effects of the 2008 “Great Recession” continues to affect Oregon businesses, especially with regard to estate planning and business succession.
Thursday, July 24, 2014
BY CLIFF HOCKLEY | OB GUEST CONTRIBUTOR
With the increasing retirements of Baby Boomers, a massive real estate shift has created a significant increase in demand for NNN properties. The result? Increased demand has triggered higher prices and lower yields.
Thursday, June 26, 2014
Wednesday, July 02, 2014
BY JESSICA RIDGWAY | OB WEB EDITOR
Dress for Success Oregon promotes the economic independence of disadvantaged women by providing professional attire, a network of support and career development tools.
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