|| Print ||
|Articles - May 2011|
|Wednesday, April 20, 2011|
Our Reader Input survey in each issue is always full of snappy charts and graphs that represent at a glance what our readership is thinking about a particular topic. But when we surveyed readers in late March about how the recession has affected their business or organization, we also asked a few open-ended questions and invited written comments to get a deeper idea of how businesses have coped with the downturn.
The remarks were a telling and sobering reminder that the recession technically may be over, but for 64% of the 718 readers who took the survey, it still feels to them like we are in a recession.
Underneath that percentage were dozens of comments that detailed what has been lost. For some the damage is deep. The list of things that were tossed overboard by the survey respondents seemed endless: raises, 401K matches, holiday parties, IT upgrades, advertising (ouch), health insurance, staff development, travel, bonuses, retreats, capital improvements, charitable giving, publications, paid lunches, janitorial services, golf, Blazer tickets. “My sanity,” added one reader. “Medical benefits package, no annual get-together, major executive wage cuts. There are more things but I am really just pissed off and can’t even list any more.”
While it wasn’t easy to give up these things, the most painful one was losing employees.
“The recession forced my business to give up things that had been important: The business strategy that you treat employees as assets.”
“We let some real good people go.”
“Basically, we cut everything that didn't directly produce a sale.”
We also asked readers to detail in what ways they have had to change how they do business:
“We are a family-owned 84-year-old business who valued our employees and their families. Our relationships with our vendors and customers were our lives. We lived the business. Going forward it will be more of just a business and not a lifestyle. Our state is no longer a great place for family-owned small businesses. I doubt this business will succeed to a fifth generation. It will be sold to a corporation and a lot of jobs will be moved out of the state.”
“It just is not fun anymore.”
There were a few optimistic comments, and one in particular stood out:
“We run a very lean organization with very little ‘fat’ to trim, yet we believe in taking care of our staff. We were unwilling to cut employee wages/benefits and this is the only area in which we really spend significantly in a discretionary fashion. So we gave up profitability to maintain our commitment to treating our staff well.”
I don’t know who wrote this, but if you’re reading this, keep the faith. It’s business leaders like you that help me keep mine.
Thursday, March 19, 2015
BY APRIL STREETER
How the private sector can ride the next transit revolution.
Wednesday, February 25, 2015
BY JASON NORRIS, CFA | OB GUEST BLOGGER
Pets.com, GeoCities, eToys, and WorldCom … blasts-from-the-past that all signify the late 1990s Internet bubble. Yet we believe the dynamics of the market, specifically in technology stocks, are much different today than it was during the late 1990s.
Thursday, March 19, 2015
BY JACOB PALMER | DIGITAL NEWS EDITOR
There are 278 companies licensed to operate as brewery, according to the Oregon Liquor Control Commission. Here are three new beer-making hubs slated to open soon.
Sunday, February 15, 2015
BY LINDA BAKER | OB EDITOR
As the investigation against the governor moves forward, those of us in the news business should reflect on our own potential for subverting the democratic process.
Tuesday, January 27, 2015
BY LINDA BAKER
Researchers in a multitude of disciplines are searching for ways to soak up excess carbon dioxide, the compound that contributes to global warming.
Friday, February 20, 2015
BY AMY MILSHTEIN | OB CONTRIBUTOR
Multilevel marketing, health claims and zyto scanner biofeedback machines: How dōTERRA thrives in Oregon.
Monday, January 26, 2015
BY KIM MOORE
After more than a decade of wrangling, construction on a convention center hotel in Portland is slated to start this summer. But debate over project financing continues.
|The 100 Best Companies to Work For in Oregon|
|Help Wanted: Poached Jobs aids restaurateurs |
|How Oregon will survive the loss of Hanjin|
|How a Utah-based essential oils company cornered the Oregon market|
|On the Brink|
|Thy neighbor's house|
|Norwegian Air tweaks cockpit rules after Germanwings crash|
|Federal Consumer Agency addresses payday loans|
|Slave-caught seafood sold in America|
|Heinz, Kraft merge|
|West Coast lawmakers want earthquake warning funding|
|Online network plans to charge subscribers for early access to popular YouTube videos|
|Wyoming — not Florida — is the best state in which to retire|
Generations of students and graduates have been plagued by the question: What is my true calling in life? Four alumni from Corban University’s Hoff School of Business who graduated in different decades say the school helped them find the answer by giving them a practical, well-rounded education.
It’s happening whether anyone’s ready or not. Businesses here in Oregon and across the U.S. are already experiencing the effects of the largest generational shift in recent history, and these changing tides will impact every level of the workplace — from a company’s executive leadership to its cultural core.
Success stories spotlight meaningful career opportunities in Oregon's diverse and lucrative tourism industry.
Registration is now open for Portland Business Alliance’s Annual Meeting, one of the largest business gatherings in Portland each year.
The Commission helps to advance the professionalism, equality and efficiency of Oregon's judicial branch of government.
QuickBooks Enterprise Users Attend Free