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|Articles - March 2012|
|Friday, March 02, 2012|
Page 2 of 6
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.
Thursday, July 10, 2014
BY TOM COX | OB BLOGGER
Tom Cox interviews Dr. Mark Goulston, author of Just Listen, Discover the Secret to Getting Through to Absolutely Anyone.
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.
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.
Friday, June 27, 2014
BY JASON NORRIS | OB BLOGGER
Over the last several months we have seen a wave of cross-border acquisitions, primarily U.S.-based companies looking to purchase non-U.S.-based companies. There are a few reasons for this, but the main culprit is the U.S. corporate tax system. The United States has one of the highest corporate tax rates in the world.
Monday, July 14, 2014
BY VIVIAN MCINERNY | OB BLOGGER
Some people think Amazon’s winking eye logo is starting to look like a hoodwink.
Monday, June 30, 2014
Oregon Business magazine won two silver awards for excellence in writing in the National American Society of Business Publication Editors Western region competition.
Monday, July 07, 2014
BY TOM COX | OB BLOGGER
Named after the 2010 experiment by Thomas Ryan, "Robin Sages" are fake social media profiles designed to encourage linking and divulging valuable information.
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