Corean Reynold was recently appointed the Director of Nightlife Economy for the City of Boston, where she brings a wealth of experience and a passion for fostering an equitable and thriving nightlife ecosystem.
6:00pm - 7:30pm
Roundhead Brewing Company
Don’t miss our upcoming Government Affairs Forum with Massachusetts State Treasurer Deborah B. Goldberg. Register now!
9:45am - 11:00am
Bank of America
Learn about new ways of utilizing the professional apprenticeship model to create diverse, sustainable, and scalable talent pipelines.
10:00am - 11:30am
Designed for mid-level managers and supervisors, this new certificate program addresses workplace well-being through unique, innovative, and actionable methods.
Join our Transformational DEI Certificate! Our comprehensive learning & development offerings are designed to connect and grow strong leaders who lead both inside and out of the office.
Our Women’s Leadership Program enables you to take your leadership to the next level by arming you with the most in-demand leadership toolkit.
Our Boston’s Future Leaders (BFL) program provides emerging leaders with a socially conscious and civically engaged leadership toolkit, as well as the opportunity to apply their knowledge through experiential assignments.
Our Economic Inclusion Committee provides strategic support around research, policies, and programs that are focused on building equal opportunity.
We are developing an ecosystem of corporations and partners with the influence and buying power to transform economic inclusion for minority business enterprises (MBEs).
The Fierce Urgency of Now Festival brings Boston’s diverse young professionals together with business leaders, organizations and their peers to build connection, advance careers and ignite positive change.
City Awake empowers young professionals in a variety of ways that encourages these rising leaders to stay invested in the region’s future success.
BIMA (the Boston Interactive Media Association) serves a vibrant community of like-minded professionals from agencies, brands, publishers, and ad-tech companies with business interests in the New England market.
For nearly 30 years, the Chamber’s Women’s Network has connected female professionals of all background and career levels. Today, our Women’s Network is the largest in New England, strengthening the professional networks of women each year.
The Massachusetts Apprentice Network convenes employers, training providers, and talent sources interested in developing and implementing apprenticeship programs in occupations across industries and statewide in fields such as tech, advanced manufacturing, healthcare, financial services, and more.
We support small business through public policy initiatives, events designed to connect small businesses in Greater Boston to their peers and established business leaders, professional development offerings, and free small business advising.
Explore our mission and values to better understand how we are leading the business community forward.
Our member directory is your resource to discover, connect, and engage with Boston’s businesses from every industry and sector.
It has been said that every year the world becomes a smaller and smaller place. With the development of state-of-the-art technology and the growth of global markets, our sense of community has transformed from a national level to an international level. Boston, one of the innovation hubs of the world, has provided many small businesses with the opportunity to experience exponential growth.
We spoke with Small Business of the Year honoree OOFOS, groundbreaking innovators of Recovery Footwear, to learn about their experience with the global market. Here’s what they had to say.
Tell us how access to a global market has provided opportunities for your business.
OOFOS is based in Cohasset, MA, and has taken advantage of this access by doing business around the world. We are seeing nearly nine percent of revenue being generated from off-shore sales – and expect to see that number to continue to grow in the coming years.
In order to develop our breakthrough technology, we collaborated with one of the world’s leading polymer chemists in South Korea. Our production of OOFOS now takes place in South Korea and Vietnam.
Our technology, OOfoam, is a proprietary cushioning technology that absorbs 37% more impact than traditional footwear foams. We have used this technology to pioneer a new category of footwear, called Recovery Footwear, which is aimed at fitness enthusiasts.
Having access to a global market has presented OOFOS with the opportunity to be distributed not only in the United States, but in 26 other countries as well. We are hoping to expand to even more countries in the near future.
OOFOS will grow and manage our global opportunities from our location in the Greater Boston area. We are proud of our Boston-based retail partners in Run specialty, Outdoor specialty and Comfort footwear. Our positive partnerships in Boston are also what we are experiencing globally.
What challenges has the global market presented you with?
Managing the global supply chain is the largest challenge we face at OOFOS. Our product is distributed from a central warehouse in California that is owned and operated by another Massachusetts-based company. While this has helped our domestic business, it has presented some challenges in the servicing of our international markets. For this reason, we’re now looking into opening warehouses in Asia and Europe in the coming year to further develop our global presence.
How has being located in the Greater Boston area benefited your company?
New England, and the Greater Boston area in particular, is known as a footwear hub because of all the great fitness brands that are based here. As a result, there is a large talent base of people with extraordinary industry experience that we have been able to draw from. We have also found tremendous support from the local banking community and local based marketing agencies. Last but not least, our location in Greater Boston makes it easy to travel to both domestic and global points to further our business.
This post is a part of a series of posts written by the 2016 Small Business of the Year honorees. Stay tuned for more insights from our honorees leading up to the October 6th event.