Editor’s Note: Hawaii (Business) 5-O

January, 2005

Drum roll, please. Introducing the new look of Hawaii Business as we commence our 50th Anniversary Year.

Assistant Creative Director Wes Funai and Associate Art Director Mae Ariola deserve a big hand for applying their considerable talents to updating the visual style and feel of our magazine.

Turning 50 is a pretty mind-blowing milestone. This magazine is older than almost everyone who works on it exclusively, except publisher Hoyt Zia. However, as we all have come to understand, the big 5-O doesn’t have to stand for middle age. It really symbolizes the strength of five decades of experience, while setting a firm foundation from which to build on. For us, the big 5-O signals both opportunity and change.

There is a palpable sense of excitement in the air here, and it’s not just because the Hawaii economy is doing so well, as our partners at the University of Hawaii’s Economic Research Organization (UHERO) point out in their 2005 Hawaii Outlook. Some of the buzz is from a renewed call to social responsibility, as evidenced by Steve Case’s address to local leaders at Hawaii Business’ Top 250 luncheon last November. Case is calling for a paradigm shift (that often used and little understood phrase). However, as Jacy Youn shows in our cover story, not only has he put his money where his paradigm-shift-speaking mouth is, Case is also putting his team together, in anticipation of spending more time and money in Hawaii in the future.

It makes a lot of sense to think about addressing pressing social needs in the context of business planning and decision-making. Fixing some of these social problems will go a long way towards bettering business here, also. Just imagine how much your business (and quality of life) would improve if we narrowed the affordable housing gap, fixed our traffic problems and improved education in measurable ways.

One way to approach this is to get, not just Steve Case, but both individual and large institutional investors on board in figuring out how to seed new businesses and/or support existing Hawaii businesses that can make a difference in these areas. In fact, Case asked the Top 250 leaders to consider launching a “Future of Hawaii Fund,” which would focus on investments that produced both economic and social returns.

A Hawaii-focused, Hawaii-investor-backed fund is just one suggestion for a brighter tomorrow. We look forward to exploring more of these possibilities with you during Hawaii Business’ golden anniversary year.

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