The Oregon Business Plan is a shared vision and strategy between business and government leaders to create quality jobs for Oregonians. It aims to strengthen traded sectors like manufacturing through innovation, workforce development, infrastructure investment, and business support. Key strategies include focusing on industry clusters, the four Ps of People, Place, Productivity and Pioneering Innovation. The plan outlines progress on initiatives and garnered endorsements from many business associations. It also details ongoing engagement through regional meetings and a leadership summit to advance the economic agenda.
2. What is the Oregon Business Plan?
• A shared vision of Oregon’s
economic future and what it takes
to get there
• A common agenda for the business
community
• A sustained, productive partnership
between business and public
leaders
6. OBP Vision: Traded Sector
Success Through Innovation
• Leading-edge traded sector (export)
companies are the engine that grow
quality jobs and statewide prosperity.
• Oregon has many companies
competing well through innovation in
product and process, good R&D,
smart marketing, and other practices.
7. Traded Sector Drives Growth
Most jobs are here: schools, hospitals, grocery stores, restaurants
Local
Suppliers
Sales to the
rest of the world
Traded/Export Sector
But firms in this sector drive the economy
8. Clustering is Critical
• Traded sector success isn’t random
– traded sector businesses cluster
• Similar and related businesses draw
advantages from proximity
• Places specialize
10. Four Ps for Prosperity
• People: Support for the education &
training of our current & future
workforce.
• Place: Working to enhance Oregon’s
quality of life and resource
utilization.
• Productivity: Ensuring the
availability of cost-competitive
public and private resources and
services.
• Pioneering Innovation: Support for
innovative research, business
formation, availability of investment
capital, and commercialization of
research.
13. Progress on Some Specific Initiatives
of the Plan
• Reform the PERS system
• Identify shovel-ready industrial land
• Support higher K-12 standards
• Invest in roads and bridges
• Improve international air access
• Establish innovative signature research centers
• Simplify and streamline state regulation and
permitting
• Create a state rainy-day fund
……..but much work remains.
14. Business Association Endorsements (Partial List)
• American Electronics Association, Oregon Council
• Associated Oregon Industries
• Oregon Association of Minority Entrepreneurs
• Oregon Business Association
• Oregon Business Council
• Portland Business Alliance
• Oregon Science & Technology Partnership
• Software Association of Oregon
• Ambassador Program of the Portland Development Commission
• Oregon Independent Colleges Association
• Strategic Economic Development Corporation
• Albany Area Chamber of Commerce
• Beaverton Area Chamber of Commerce
• Canby Area Chamber of Commerce
• Corvallis Area Chamber of Commerce
• Forest Grove Chamber of Commerce
• Grants Pass/Josephine County Chamber of Commerce
• Gresham Area Chamber of Commerce
• Hillsboro Chamber of Commerce
• Lake Oswego Chamber of Commerce
• The Chamber of Medford/Jackson County
• Newberg Area Chamber of Commerce
• North Clackamas County Chamber of Commerce
• Roseburg Area Chamber of Commerce
• Sherwood Chamber of Commerce
• Tualatin Chamber of Commerce
• Woodburn Area Chamber of Commerce
15. Regional Meetings 2010
•Two rounds: spring and fall
•Bring business and community leaders together to discuss the
facts about Oregon’s economic and budgetary trends and
trajectory.
•Develop ideas for specific initiatives to pursue in partnership
with elected leaders in three areas:
-Specific actions to create jobs and increase incomes now
-Ideas to improve the state budget and budget process
-Tax reform from tweaks to overhauls
16. Leadership Summit: December 13 2010
Oregon Convention Center
• Bring together business, political
& community leaders from across Oregon
•Make commitments to act on specific
initiatives identified in the Plan
•Identify road blocks
•Celebrate successes