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|Archives - September 2009|
|Thursday, August 20, 2009|
September is such a great month for many reasons, but maybe the best is that it promises a fresh start. As the warmth of the evening air starts to fade, and with kids getting ready to (finally!) go back to school, people tend to start thinking again about new beginnings and new ideas.
For small-business people here in Oregon of course, this past year has hardly been a time to dream big dreams and make big plans, but that’s the whole point. No matter what happened before, these cyclical moments of fresh starts are a perfect time to stop retrenching and begin retooling.
There is great power in thinking big, even if your business is small. One thing I have learned over the years is that the best businesses — the ones that grow and where the culture is positive — are more interested in ideas than profits.
Of course this is not to say that profit is not important; of course it is. We all love profit. But the best businesses, and the ones that go from small to big, are keyed in to a lot more than the bottom line.
Here’s an example: There is no bigger business in Oregon than Nike, but Nike started out as a very small, small business, to wit: After running track for the University of Oregon and getting an MBA from Stanford, Phil Knight went to Japan where he met with representatives of the Tiger Shoe Company. Upon his return, Knight began to import Tiger tennis shoes and sell them out of his car at track meets.
You don’t start much smaller than that, but Knight and his partner, former UO coach Bill Bowerman, always thought big. Knight says that from the start: “We wanted Nike to be the world’s best sports and fitness company. Once you say that, you have a focus. You don’t end up making wing tips or sponsoring the next Rolling Stones world tour.”
Another thing that Nike did right, right from the start, was to innovate. Great businesses, big and small alike, dare to be different and try new things. For instance, as legend has it, Bowerman created Nike’s first game-changer, the waffle sole tennis shoe, by pouring a rubbery potion into his wife’s waffle iron. The waffle sole shoe begat a culture of innovation.
So maybe the question for you this fall should be: What is your waffle shoe? What can you do that is unique and different? Of course, your innovation may not change the world like Nike’s did; it just needs to change your world. Dare to think big and think different.
Those two traits — thinking big and innovating — are the exact same ingredients that fueled the growth of Oregon’s other big athletic clothing company, Columbia Sportswear. Columbia began when Gert Boyle’s parents, Paul and Marie Lamfrom, fled Nazi Germany for Portland in 1937 and bought a small hat company, renaming it the Columbia Hat Company.
The company chugged along and grew slowly and fitfully over the years through various changes in leadership, but only really exploded after Gert Boyle and her son, Tim, took over. They made several significant changes, the most important being the introduction of an innovative “Interchange System” — a jacket with a soft liner and a weather-resistant, lightweight, breathable shell. Offering interchangeable wearing options and a new fabric technology created an avalanche of sales. Columbia became Columbia.
But it never would have happened if Gert and Tim Boyle had done what had always been done at the company. That had, in fact, led the enterprise to the brink of bankruptcy. It took some new people thinking in new ways to create new (and better) results.
So if you want one, this can be your assignment as school starts again: Sit down with your team and have one of those crazy brainstorming sessions where anything goes. Write down all ideas, weed out the worst, and mull over the best. Who cares if last year was crummy? It was crummy for most of us. The thing is, new markets create new opportunities.
Don’t let Columbia Sportswear or Nike’s size today trick you. We can all learn from what they did right.
Wednesday, August 26, 2015
BY KIM MOORE AND LINDA BAKER
Child care in Oregon is expensive and hard to find. We delved into the numbers and talked to a few executives and managers about day care costs, accessibility and work-life balance.
Wednesday, August 19, 2015
BY AMY MILSHTEIN
Training, from the mundane to the sublime, bolsters companies and workers in an uncertain world.
Monday, July 13, 2015
BY JACOB PALMER
Holding a Power Lunch at Veritable Quandary in downtown Portland.
Friday, August 21, 2015
Renee Spears, founder and owner of Portland-based Rose City Mortgage, is hot to trot to sell pot.
Monday, July 06, 2015
Picking a business partner is not much different than choosing a spouse or life partner, and the business break-up can be as heart-wrenching and costly as divorce.
Friday, July 17, 2015
Photographer Jason Kaplan takes a look at Murray's Pharmacy in Heppner. The family owned business is run by John and Ann Murray, who were featured in our July/August cover story: 10 Innovators in Rural Health Care.
Thursday, August 27, 2015
BY LINDA BAKER
How do you put a baby on the cover of a business magazine without it looking too cutesy?
|Child care challenge|
|Is there life beyond Reed?|
|Back to School|
|Apple's next new product event: Sept. 9|
|Washington meat producer recalls pork|
|Ninkasi grows to NY|
|Eco challenges facing Oregon|
|Adidas produces special shoe for upcoming Timbers/Sounders match|
|Intel invests $60M in drone company|
|Congestion should be expected|
Yesterday, a divided National Labor Relations Board dropped another hammer on the employer community. In a long-awaited and much debated move, the Board jettisoned the decades old standard for determining when two independent businesses should be considered joint employers of an individual worker for collective bargaining purposes.
Transforming the culture of Oregon’s educational leadership.
The Board dismissed a petition related to efforts to unionize the Northwestern University football team.
Oregon Sick Leave is here, and changes to the federal white-collar worker regulations are on the way. This workshop will prepare you for both. We invite you to participate in an interactive discussion on how to start planning now for the future impact on your operations and finances.
Presented by OEN + CENTRL + YESpdx.
This Roundtable will cover numerous issues under the employer "shared responsibility" rules of the Affordable Care Act, including how to track the "full-time" status of variable-hour employees, temporary or seasonal employees, and employees who experience a change in status or a break in service. Additionally, we will provide a brief overview of Code sections 6055 and 6056, which require most mid-sized and large employers to submit their first information reports to the IRS in early 2016 regarding the health insurance coverage being offered to employees. We invite you to participate in an interactive discussion on how to prepare for the future impact of the shared responsibility rules on your operations and finances.