In mid-October the American Council for an Energy-Efficient Economy ranked Oregon number 4 in its evaluation of states on policies, programs and activities. Derek Smith, CEO of Clean Energy Works Oregon, a public-private partnership whose mission is to create jobs and save energy via residential energy efficiency remodels, attributes this good news to the collaboration among public entities, utilities, private lenders, businesses, non-profits and individuals.
This collaboration is showing results in the residential real estate market in a number of ways. National research shows that homebuyers are actively seeking homes promising better energy efficiently through upgrades such as more efficient windows, better insulation and modern heating and cooling systems. Additionally, appraisers are starting to reflect the value of such items in their appraisals. This emerging trend is having a positive effect on the economy as the increasing demand for such upgrades is resulting in more jobs being created for contractors certified in home energy efficiency. Oregon’s financial institutions are contributing to the rising trend by making low-cost funding available for these kinds of home improvements. Utilities are also helping out by offering home owners and businesses financial incentives for becoming more energy efficient. For more details see Mr. Smith’s article in the Portland Businss Journal.
The word “collaboration” is tossed around a lot these days and as indicated above the collaboration between the types of entities mentioned seems to be having a positive effect on the economy, at least in the residential real estate market. But what about collaboration at the individual company level? Does creating a Collaborative Enterprise make sense for a business organization seeking to maximize profits? I believe Robert Nitchke would answer that question with a resounding yes. In his book “Creating A Collaborative Enterprise,” he tells us that: “The key identifier of a Collaborative Enterprise is the successful way it can relate to and support all of its stakeholders who are essential to the accomplishment of the organization’s mission.” He goes on to say that successful collaboration with the entity’s stakeholders can “supercharge any company’s culture and contribute to increased success.” For valuable and insightful information on creating a collaborative enterprise check out his book.