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Leadership
Summit: Shaping Oregon's Economic Future
Senator Ron Wyden, Summit Co-Chair
Senator Gordon Smith, Summit Co-Chair
Governor-elect Ted Kulongoski, Summit Co-Chair
Oregon Convention Center
December 9, 2002
Portland, OR
Summit Press Clips
Summit
attendees mull 'business plan'
by Heidi J.
Stout, THE PORTLAND BUSINESS JOURNAL
Just
a few years ago, it took little more than some computer skills, a
crazy idea and even crazier investors to launch what promised to be
a multimillion-dollar dot-com business.
But
the technology industry's crash forced industries to go back to
basics, creating savvy business plans based on sound, conservative
principles. After riding the wave of prosperity, Oregon was also
forced to go back to basics and create its own business plan.
More
than 1,200 people from every corner of Oregon came together at the
Oregon Leadership Summit Dec. 9 to consider and refine 12 tenets of
an Oregon Business Plan (http://www.oregonbusinessplan.org)
created by a committee of prominent businesspeople.
The
business plan is intended to grow a quality job base and increase
statewide prosperity using four elements: pioneering innovation,
people, place and productivity. Each of these elements will have a
hand in pursuing the 12 initiatives the Oregon Business Plan
identified for immediate action.
They
include stabilizing the public finance system, expanding Oregon's
capacity for innovation, refocusing economic development, building
world-class primary, secondary and higher education systems,
doubling the output of computer science and engineering graduates,
getting more benefit from forest resources, maintaining roads and
bridges, strengthening trade infrastructure, updating land use laws,
streamlining permitting, and branding and marketing Oregon more
aggressively.
A
workshop on the 12th category, branding and marketing, drew a
standing-room-only crowd in one of the Oregon Convention Center's
meeting rooms.
Doug
Sweetland, past president of the Oregon Economic Development
Association, said Oregon's "brand" was once so undefined
that people on the East Coast knew only that it was located
"somewhere between Seattle and Disneyland."
"We're
trying to change that mindset," said Sweetland, explaining that
in the first year of an Oregon marketing campaign, they placed ads
and earned editorial content in industry-specific periodicals.
"The
focus is recruiting new industry," he said, "but it
doesn't do us any good if we're recruiting through the front door
but losing businesses through the back door. We're going to spend a
minimum of five to seven years with this campaign." Sweetland
hopes to spend three times as much money on marketing in the second
year of the campaign as they did this year.
Nancy
Tait, president and CEO of Medford-based Bear Creek Corp., explained
10 steps her company used to develop a strong brand image for its
products, fruit and other Oregon edibles from Harry and David and
roses and nursery stock from Jackson & Perkins.
"When
people think Oregon, they're thinking of a place that is
picturesque, clean, wholesome, casual and rugged," Tait said.
"Companies can use Oregon as a competitive advantage when
branding themselves."
Tait
suggested identifying unique attributes and competitor's strengths
and weaknesses, targeting messages at specific consumer groups with
consistent branding and visual cues, developing a
"personality" for a brand and sticking to it, and refining
the brand through consumer input.
© 2002 American City Business Journals Inc.
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