Habitat restoration brings $977M to Oregon

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Must Reads
Friday, August 24, 2012

Habitat restoration projects generated $977.5 million in economic activity in Oregon and created 6,483 jobs between 2001 and 2010.

 

Bank of America helps homeowners

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Friday, August 24, 2012

Bank of America is holding loan assistance events to help homeowners keep their homes.

 

Kitzhaber names former Republican lawmaker to OLCC

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Friday, August 24, 2012

Gov. John Kitzhaber has offered up former Republican lawmaker Rob Patridge to be the newest Oregon Liquor Control Commission member, part of an effort to get rid of longtime director Steve Pharo.

 

Feds reduce water temperature with credit trading

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Friday, August 24, 2012

Soon, farmers and landowners in the Pacific Northwest could be paid to plant shade trees in watersheds.

 

Mentor Graphics' sales climb

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Must Reads
Friday, August 24, 2012

Wilsonville-based Mentor Graphics' profits topped its forecast quarterly sales target.

 

Nontribal casino plans unveiled

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Must Reads
Friday, August 24, 2012

Developers unveiled details about their plans to build Oregon's first nontribal casino.

 

Nike stands behind Lance Armstrong

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Must Reads
Friday, August 24, 2012

Nike remains in support of Lance Armstrong even as he is stripped of his Tour de France titles, choosing not to fight charges from the U.S. Anti-Doping Agency.

 
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Election Season

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We didn’t intend this issue to have an election season theme. But politics has a way of seeping into the cracks and fissures.


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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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Justice for All

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Lawger upends the typical hourly based fee model by letting clients determine the cost.


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Corner Office: Timothy Mitchell

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A look-in on the life of Norris & Stevens' president.


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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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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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Corner Office: Sheree Arntson

January-Powerbook 2015
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Checking in with the managing director of Arnerich Massena.


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