Here’s food for thought . . . Attacks are often opportunities to correct, rather than cower.
A wonderful opportunity recently occurred from a somewhat surprising source: A column in the well-respected San Francisco Chronicle that referenced our 11th Annual CEO Survey. The columnist opined: “… that Silicon Valley somehow operates in a self-contained world of greatness, where it takes no responsibility for the very problems it complains about.”
What a head-scratcher.
Here’s what our nearly 400 member companies have done to address broad community issues.
On housing, the Leadership Group:
- Created the nation’s most innovative Housing Trust Fund, which has raised nearly $70 million in voluntary contributions, leveraging $2 billion in private development, already assisting more than 10,000 families.
- Was one of two Co-Chairs of the 2002 $2.1 billion statewide Housing Bond and the 2006 $2.85 billion statewide Housing Bond, which provided housing opportunities for more than 200,000 low income Californians.
- Is currently convening major Silicon Valley stakeholders to determine what meaningful and measurable role we can play to help eradicate homelessness in Silicon Valley. Homelessness is not a “bottom-line business issue,” per se, but a moral imperative to help the most vulnerable in our Valley.
On traffic, the Leadership Group:
- Has led, not just supported, four successive sales tax measures collectively contributing $10 billion for regional transportation improvements, including:
- A 1984 measure to fund Highways 85, 101 and 237.
- A 1996 measure to fund 19 key road and transit improvements, all delivered on-time and on-budget.
- Measures in 2000 and 2008 to fund the Silicon Valley BART extension and major Caltrain improvements.
- Currently, we are convening stakeholder meetings for a new traffic relief measure slated for the 2016 ballot.
When one considers that businesses in Silicon Valley pay more than 40 cents of every dollar in sales taxes collected, this investment in our communities are costs we cannot pass on as we compete globally.
On taxes, the Leadership Group has:
- Supported more tax increase proposals than it has ever opposed, including measures we have championed for education parcel taxes and school bonds, housing, homelessness, transportation, open space, parks, flood protection, clean water and even general fund revenue for local governments.
Yes, attacks can be opportunities. My goal is not to attack back, but to dialogue rather than to give in to divisiveness. The Chronicle columnist would have known better had he picked up the phone before picking up his pen.