Oregon Business Plan

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Afternoon breakout sessions engaged participants in all of these issues in greater depth.

Strategic planning enables an organization to establish goals, prioritize initiatives, measure progress, and carefully allocate limited time, resources, and attention.

Oregon patents-per-capita significantly outpace the U. Despite areas of strength, there is significant room for improvement.

To compete, Oregon must prioritize investment in research and development, technology commercialization, new product development, and entrepreneurship in urban and rural communities and with full participation by underrepresented populations.

Investment priorities will determine whether we are positioning Oregon to lead on innovation, or if we will merely react to future outcomes. Grow Small- and Middle-market Companies The majority of job growth comes from the expansion of existing firms, especially with small business and the middle-market.

Over the last decade, 64% of job creation in Oregon was attributed to small- and middle-market firms (vs. In order for small and middle-market firms to grow, they must have the resources to innovate, use technology to be productive, and have access to consumer markets across the U. and the world, all areas where Business Oregon is uniquely suited to assist.It fuels the creation of new technologies, companies, and industries.It attracts talent, creates high-wage jobs, and ultimately drives growth.The balance of the plenary session included TED-style talks on PERS reform, revenue reform, Medicaid funding, education investment, housing shortages, forest fires, water, and growth in the Bend area.The session also heard from leaders of the Legislative Committee on Student Success, which visited communities across the state in 2018 to learn more about what students need to succeed.Phase two of planning transitioned into focus and action, where agency priorities, the stategies to impact those priorities, and the actions to carry out the strategies were developed.Finally, metrics were developed to evaluate and measure success over time.Individual firm success is often dependent on industry competitiveness.Industry clusters are a logical organizing principle to support traded-sector job growth in Oregon. As our economy is increasingly driven by innovation, advanced technologies, and highly skilled labor, it is also becoming more metropolitan.Governor Kate Brown and a panel of business leaders kicked off the session with a discussion of policy priorities in the coming legislative session.Senators Ron Wyden and Jeff Merkley offered their views on federal issues likely to impact Oregon in the next Congress.

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