December 2008

Banks get cash infusion

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Archives - December 2008
Monday, December 01, 2008

As of mid-November, three Oregon banks are in line to get a federal infusion of cash.

 

 

Food industry helps the hungry

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Archives - December 2008
Monday, December 01, 2008

Job loss, higher food costs and lower wages are forcing more and more Oregonians to turn to food banks for help.

 

 

Graphic: Portland ranks low among metros for charitable fundraising

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Archives - December 2008
Monday, December 01, 2008

 

Politics beat bucks in ballot measures battle

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Archives - December 2008
Monday, December 01, 2008

As the dust settled following November’s election, Oregon taxpayers found themselves on the line for a relatively small price tag for ballot measures.

 

 

Mergers don’t help Oregon employment

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Archives - December 2008
Monday, December 01, 2008

The sales of Tektronix and Longview Fibre were two of the biggest merger and acquisition deals cut in the Northwest in 2007, worth a combined $5 billion.

 

 

Amazon on the Columbia

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Archives - December 2008
Monday, December 01, 2008

Amazon.com is coming to the Port of Morrow. Sort of

 

 
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Downtime

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The short list: Holiday habits of six Oregon CEOs

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We ask business and nonprofit leaders how they survive the season.


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The 100 Best Companies survey is open

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100-best-logo-2015 500pxw-1How does your workplace stack up against competitors? How can you improve workplace practices to help recruit and retain employees? Find out by taking our 100 Best Companies to Work for in Oregon survey!


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Legislative Preview: A Shifting Balance

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Democratic gains pave the way for a revival of environment and labor bills as revenue reform languishes.


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The short list: 5 hot coffee shops for entrepreneurs

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Oregon entrepreneurs reveal their favorite caffeine hangouts.


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Water World

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Fred Ziari aims to feed the global population.


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Editor's Letter: Power Play

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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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