Clackamas approves light rail agreement

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Must Reads
Thursday, August 23, 2012

Clackamas County commissioners approved a $22.6 million settlement agreement with TriMet to pay for the controversial Portland-Milwaukie light rail extension.

 

Oregon has most brewery jobs

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Thursday, August 23, 2012

Oregon may have surpassed Vermont in having the most breweries per capita, according to a new report.

 

Albany gets $4.75M in wastewater deal

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Must Reads
Thursday, August 23, 2012

Albany will receive $4.75 million to fix a problem at its wastewater treatment plant.

 

Oregon considers new bonds

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Thursday, August 23, 2012

Oregon officials are studying a new type of bond known as social impact bonds.

 

Groups oppose PacifiCorp

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Must Reads
Thursday, August 23, 2012

Ratepayer advocates say Oregon customers shouldn't pay for PacifiCorp's pollution-control upgrades.

 

Polaris Labs works on new batteries

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Must Reads
Thursday, August 23, 2012

Portland startup Polaris Labs aims to shrink the time it takes to bring new batteries to market.

 

The middle class is shrinking

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Must Reads
Thursday, August 23, 2012

The middle class is declining, along with its earnings, wealth and optimism.

 
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A Complex Portrait: Immigration, Jobs and the Economy

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BY JOE ROJAS-BURKE & KIM MOORE

Oregon Business reports on the visa squeeze, the skills gap and foreign-born residents who are revitalizing rural Oregon.


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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

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Checking in with the managing director of Arnerich Massena.


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Healthcare Perspective

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BY KIM MOORE

A conversation with Majd El-Azma, president and CEO of LifeWise Health Plan of Oregon, followed by the Healthcare Powerlist.


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Dan and Louis Oyster Bar opens up to a changing neighborhood

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VIDEO: Revamping a Classic — an iconic eatery stays relevant in a changing marketplace.


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Downtime

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Bob Dethlefs, CEO of Evanta, balances work and play.


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Corner Office: Marv LaPorte

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The president of LaPorte & Associates lets us in on his day-to-day life.


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