The Bay Area Council is proud to partner with member San Francisco Business Times on one of the largest and most highly anticipated CEO award programs in the Bay Area. The San Francisco Business Times’ 2017 Most Admired CEO Awards, which will be held Wednesday, November 15 beginning at 5:30pm at The St. Regis San Francisco, will recognize outstanding CEOs at this prestigious event honoring great leadership, vision and values. Join us in celebrating some of our region’s most esteemed business leaders, including Bay Area Council Executive Committee members Benno Dorer, Chairman and CEO The Clorox Company; Jes Pedersen, President and CEO of Webcor Builders; Clint Reilly, President and Chairman of Clinton Reilly Holdings; and Anthony F. Earley Jr., Executive Chairman of PG&E Corporation, who will be honored with the Lifetime Achievement Award. Click here to see who are the Bay Area’s most-admired CEOs and to purchase tickets>>
The Bay Area Council’s own Jim Wunderman will be honored as San Francisco State University Alumnus of the Year at the 2017 President’s Dinner & Alumni Hall of Fame Celebration on Friday, November 3 from 6-9 p.m. at the Ritz Carlton in San Francisco. To attend and help celebrate Jim’s many contributions to SFSU and our region, please reserve a table or seat today.
Wunderman graduated from SFSU in 1984 with a degree in political science and for the past 12 years has led the Council through an unprecedented period of expansion. Wunderman, named one of the Top 100 movers and shakers in California politics that past two years, has led the Council’s efforts to advocate for billions of dollars in federal, state and regional funding for major transportation projects, solve the state’s housing crisis and positioned the Council as a thought-leader by expanding to Sacramento, overseeing offices in China, and partnering with the state to reopen the California-China Trade Office.
Joined by leaders from industry, academia and philanthropy, the Bay Area Council’s Workforce of the Future Committee on Monday (Oct. 2) explored new approaches to addressing the burgeoning skills and talent gaps affecting employers’ bottom lines and workers’ livelihoods. AT&T California President and Council Executive Committee member Ken McNeely joined Mitchell Stevens, Director of Stanford University’s Center for Advanced Research through Online Learning, Don Howard, President and CEO of the Irvine Foundation, and Felix Ortiz, Founder, Chairman and CEO of Viridis Learning, for a discussion on the roles of employers, educators and job seekers in keeping up with our changing economy. The discussion also emphasized the need for interconnectedness and alignment between these entities, expanded career pathways and work-based learning opportunities, and funding of innovative efforts. Our thanks to Council member Salesforce for hosting the event.
Those in the room agreed that our region urgently needs to collaboratively implement solutions, such as industry-led partnerships with school districts, community colleges, and four-year universities, in order to see long-lasting outcomes and systems change. With the guidance of Bay Area Council members and thought leaders like those that participated in Monday’s meeting, the Workforce of the Future Committee is pursuing efforts like the Occupational Councils and the Bay Area Young Men of Color Employment Partnership to support systems change by aligning hiring needs with educational offerings, and addressing barriers to entry faced by specific historically underrepresented populations, respectively. To participate in the Workforce of the Future Committee, please contact Senior Vice President Linda Bidrossian.
California took an important first step today in addressing its massive housing crisis when Gov. Jerry Brown signed a package of legislation aimed at providing new funding, streamlined local approvals and stronger enforcement of existing housing laws. Bay Area Council CEO Jim Wunderman joined Gov. Brown, legislators and housing advocates from around the state at a signing ceremony in San Francisco’s Hunter’s Point for 15 bills that included a handful for which the Council had advocated. SB 2 (Atkins) creates a $75 real estate transaction fee that is estimated to generate $250 million annually for affordable housing and SB 3 (Beall) authorizes a statewide $4 billion bond measure for housing that is expected to appear on the ballot in 2018. In addition, SB 166 (Skinner) and SB 167 (Skinner) add teeth to existing laws requiring cities to approve new housing. Much more remains to be done to open the pipeline of new housing the state so badly needs and the Council is already turning its attention to the next legislative session. With an annual shortfall of about 80,000 housing units on top of an estimated 2 million unit deficit, California has a long way to go before it closes the gap and begins to make a dent in its affordability problem.
For over 10 years, the Bay Area Council has helped expand bilateral trade and investment between the Bay Area and the fast-emerging technology and innovation hub of Yangpu District in Shanghai, which is now the host city for China’s annual Mass Entrepreneurship and Innovation Week presided over by Chinese Premier Li Keqiang. And, last week, the Council led some of the region’s top clean energy innovators to participate in the major summit, including California Clean Energy Fund and startup incubator 500 Startups, where delegation members spoke at the week’s headline conference. In his keynote address at the Sino-US Green Innovation Forum, Council CEO Jim Wunderman highlighted the role the Bay Area plays in propelling the Yangtze Delta Region to a knowledge-based, hi-tech economy. In partnership with the Yangpu District’s government, the Council has helped over 50 Californian companies grow their presence in the Asian market.
Also this month a delegation of Bay Area life science companies and researchers traveled to China to explore business development and expansion opportunities. Organizations such as BIOCOM and Twist Bioscience expressed the unique benefits and opportunities that come with working in China – a process simplified by the Council’s China Initiative platform. Ongoing projects such as the Council’s Global Innovation Center in Nanjing and partnership work in Hangzhou will continue to expand economic opportunities between California and the Yangtze Delta Region as it continues to transform its industrial economy into a globally competitive, innovation hub. To engage in our China initiative, please contact Chief of Global Business Development Del Christensen.
Results of a new statewide poll gave added urgency to the Bay Area Council’s efforts in securing Gov. Jerry Brown’s signature on legislation to address California’s epic housing crisis. The survey by UC Berkeley’s Institute of Governmental Studies found that 25 percent of voters are considering leaving California because of skyrocketing rents and home prices fueled by a massive housing shortage. The poll found that 92 percent of Bay Area voters think that housing affordability is a serious problem, exceeding the 84 percent level statewide. Council CEO Jim Wunderman was a featured guest on KQED Forum on Thursday to talk about the Berkeley poll results and the solutions on which the Council is focused.
The Council is urging Gov. Brown to sign SB 2 (Atkins) and SB 3 (Beall), which would authorize a statewide vote in 2018 on a $4 billion bond measure for affordable housing and a $75 real estate transaction fee to support local housing, respectively. The Council also is urging the Governor’s signature on two bills by Sen. Nancy Skinner (SB 166 and SB 167) that add teeth to existing laws requiring cities to approve housing.
Listen to the KQED Forum segment with Jim Wunderman>>
The Bay Area Council this week was honored to welcome Beijing Mayor Chen Jining to the Bay Area as he attended a ceremony for the signing of a memorandum of understanding (MOU) that takes a step forward for a possible new Council office in China’s capital city. The visit by Mayor Chen, former President of prestigious Tsinghua University and Chinese Minister of Environmental Protection, and a delegation of top level Chinese economic and innovation officials highlighted the Council’s deep and growing relationships in China as we work to expand bilateral trade and investment. The MOU between the Council, world-famous Zhongguancun Science Park, which serves as Chinese headquarters for such U.S. companies as Google, Oracle and Intel, and Council of Industry and Technology Alliances in Z-Park marked a significant step forward in our work to expand economic connections with Beijing. The MOU calls for exploring the creation of a new think tank, developing a research and development platform and establishing branch offices both here and in Beijing. Council CEO Jim Wunderman joined Wang Chengwen, Vice Chairman of the Council of Industry and Technology Alliances in Z-Park, and Zhai Lixin, Director General of the Administrative Committee of Zhongguancun Science Park, in signing the MOU. To engage in our China initiative, please contact Chief of Global Business Development Del Christensen.
Strengthening talent pipelines from high schools into technical training programs and improving the rate of community college graduates taking certification tests were identified on Monday (9/18) at the second Occupational Council for Aviation Maintenance Technicians (AMTs) as the two most promising solutions for the hiring strain airlines are facing. Airlines in the Bay Area region are facing extremely high levels of attrition due to retirement, and their needs for technical talent are increasing dramatically. Cumulatively, these employers are seeking to fill hundreds of jobs in the region before the end of 2017. Convening Bay Area Council employer members, including United Airlines and Alaska Airlines, and educators to talk through the often longstanding hurdles preventing companies from hiring local, qualified, and diverse talent has allowed the Workforce of the Future Committee to pinpoint opportunities for improvement, such as community education events that involve high schoolers, their parents, and student career counselors in the case of AMTs. To learn more about how you can engage with the Workforce of the Future Committee on addressing the region’s pressing workforce gaps, contact Senior Vice President of Policy Linda Bidrossian.
Against the backdrop of record-breaking flooding in Houston and the Caribbean, the Resilient by Design Bay Area Challenge on Sunday (Sept. 10) announced 10 winning design teams to propose innovative resiliency projects along the San Francisco Bay shoreline. The winning teams were selected by an independent jury from a pool of over 50 applicants, and include several Bay Area Council member companies, including AECOM, Arup, Gensler, and Andy Ball. The winning teams are now spending the next few weeks taking whirlwind tours of the entire Bay shoreline, meeting with local officials and community groups along the way to get a better understanding of the Bay’s diverse needs, culminating in the unveiling of 10 project proposals in May 2018.
The Rockefeller Foundation selected the Bay Area to host the first Resilient by Design challenge following the region’s approval of Measure AA, the June 2016 parcel tax measure that raises $500 million over the next 20 years for wetland restoration and flood protection improvements along the San Francisco Bay shoreline. The Bay Area Council played a leading role in the Measure AA campaign, and serves on the Executive Board of Resilient by Design. To learn more about the Council’s resiliency work, or about the Resilient by Design challenge, please contact Vice President Adrian Covert.
The Bay Area Council this week joined leaders from the Chinese district of Gulou to announce the launch of an exciting new Bay Area Innovation Center in Nanjing. Bay Area Council Economic Institute President Dr. Micah Weinberg traveled to Nanjing to serve as a keynote speaker at the Golden Autumn Trade Festival where the new center was announced. The center will offer companies resources to access the region’s top tier talent and establish a bridge for startups to navigate between the Yangtze Delta region, San Francisco and Silicon Valley. Discussions focused on Nanjing’s efforts to transition to an innovation economy through its connections with the Bay Area. With the help of the Economic Institute, as the leading think tank focusing on the key issues affecting the Bay Area economy, the Bay Area Innovation Center will serve as the platform connecting key resources such as training, services, capital and institutions to realize this vision. Over the past 10 years, the Bay Area Council has published seminal reports explaining the components of how our innovation ecosystem works at a global scale, and worked to guide Chinese investors looking to enter or expand in the Bay Area and California marketplaces. To learn about the Economic Institute’s upcoming report on Chinese Innovation or to get involved with Council’s China Initiative, please contact Chief of Global Business Development Del Christensen.