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February 2009

Q&A with Gale Castillo, president of the Hispanic Metro chamber

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Archives - February 2009
Sunday, February 01, 2009
It’s no surprise given the state’s alarming employment trends that one can hardly throw a shoe these days without hitting a politician who claims to be creating jobs.
 

Ex-Im Bank helps traded sector

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Archives - February 2009
Sunday, February 01, 2009
You know the pendulum has swung when the government is backing loans that banks won’t touch.
 

University endowments decline

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Archives - February 2009
Sunday, February 01, 2009
The endowments at the state’s three largest universities have suffered along with the rest of the economy. While that revenue is not a significant portion of their budgets, it’s still a stinger.
 

Hospital jobs down, but sector steady

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Archives - February 2009
Sunday, February 01, 2009
Planned layoffs by several Oregon health-care providers indicate that not even the state’s hospital workforce is immune to the weakened economy.
 

Good news for small papers

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Archives - February 2009
Sunday, February 01, 2009

Newspapers.jpg

Oregon is dominated by small daily and weekly papers. While they haven't dodged the recession's wrath,  in today's declining newspaper market smaller is turning out to be better.
 

Economist Eric Fruits on Oregon’s jobless rate

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Archives - February 2009
Sunday, February 01, 2009
Oregon's unemployment rate is among the highest in the country and is heading toward double digits. If employment does not improve, one out of every 10 Oregonians will be looking for work by the middle of the year.
 

Even the A.G. is pushing for job creation

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Archives - February 2009
Sunday, February 01, 2009
It's no surprise given the state's alarming employment trends that one can hardly throw a shoe these days without hitting a politician who claims to be creating jobs.
 
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Dan and Louis Oyster Bar opens up to a changing neighborhood

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VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


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On Friday, Uber switched on an app — and with one push of the button torpedoed Portland’s famed public process.


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Editor's Letter: Power Play

January-Powerbook 2015
Thursday, December 11, 2014

There’s a fascinating article in the December issue of the Harvard Business Review about a profound power shift taking place in business and society. It’s a long read, but the gist revolves around the tension between “old power” and “new power” as a driver of transformation. Here’s an excerpt:

Old power works like a currency. It is held by few. Once gained, it is jealously guarded, and the powerful have a substantial store of it to spend. It is closed, inaccessible, and leader-driven. It downloads, and it captures.

New power operates differently, like a current. It is made by many. It is open, participatory, and peer-driven. It uploads, and it distributes. Like water or electricity, it’s most forceful when it surges. The goal with new power is not to hoard it but to channel it.

The authors, Henry Timms and Jeremy Heimans, don’t necessarily favor one form of power over another but merely outline how power is transitioning, and how companies can take advantage of these changes to strengthen their positions in the marketplace. 

Our Powerbook issue might be viewed as a case study in the new-power transition. This annual book of lists provides information on leading businesses, nonprofits and universities in the state. Most of the featured companies are entrenched power players now pursuing more flexible and less hierarchical approaches to doing business. Law firms, for example, are adopting new technologies and fee structures to make legal services more accessible and affordable.

This month we also take a look at a controversial new U.S. Securities and Exchange Commission rule requiring public companies to disclose the median pay of workers, as well as the ratio between CEO and median-worker pay. 

Part of the 2010 Dodd-Frank financial reform law, the rule will compel public companies to be more open about employee compensation, with the assumption that greater transparency will improve corporate performance and, perhaps, help address one of the major challenges of our time: income inequality.

New power is not only about strategy and tactics, the Harvard Business Review authors say. “The ultimate questions are ethical. The big question is whether new power can genuinely serve the common good and confront society’s most intractable problems.”

That sounds like a call to arms. Or a New Year’s resolution. Old power or new, the goals are the same: to be a force for positive change in the world. Happy 2015!

— Linda


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