Oregon's economic growth will outpace most states

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Must Reads
Wednesday, October 31, 2012

Oregon's economic growth through March is expected to outpace most states, according to a new Federal Reserve forecast.

 

OpConnect launches smartphone payments for EV charging stations

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Wednesday, October 31, 2012

Portland-based electric vehicle charging station company OpConnect is launching smartphone payment technology.

 

Fashion Tech closing Portland plant

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Wednesday, October 31, 2012

Fashion Tech plans to shutter its window-blind plant, cutting 98 jobs.

 

Whole Foods stores get battery-exchange pilot

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Wednesday, October 31, 2012

Five Northwest Whole Foods Market stores signed on for the pilot phase of Portland-based Bettery's battery exchange kiosks.

 

Oregon dairy finds potential in Asia

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Wednesday, October 31, 2012

An Oregon dairy industry executive found market opportunities in Asia in a recent trade mission led by Gov. John Kitzhaber.

 

Radisys reports earnings dive

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Wednesday, October 31, 2012

Radisys reported a 35% plunge in quarterly sales, like the Hillsboro company recently predicted when it replaced its CEO.

 

Deschutes Brewery founder receives award

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Wednesday, October 31, 2012

Deschutes Brewery founder Gary Fish was awarded a civic leadership award at the 2012 Governors' Gold Awards.

 
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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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Water World

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Fred Ziari aims to feed the global population.


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