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Author Archives: Footwear Exchange

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Bangladesh leather sector still struggling to recover 1st wave covid damages whereas 2nd covid hit is coming

News & ViewsBy Footwear ExchangeNovember 3, 2020

Bangladesh Leather, footwear and allied sector steadily coming back track. According to recent report of Export Promotion Bureau total export for the sector is 228.69M US$ which is still -6%…

Sustainability with low cost: opportunity and threats for Bangladesh Footwear Industry

Newsletter & ReportBy Footwear ExchangeOctober 31, 2020

SUSTAINABILITY It is not easy to measure how conscious or aware consumers are as compared with how they were a few decades ago. However, regardless of the level of awareness…

Leather and Sustainability, No Contradiction

SustainabilityBy Footwear ExchangeOctober 31, 2020

A circular, regenerative process versus A linear, polluting process It is so simple … the difference between a circular, regenerative process versus a linear, polluting process. It describes a core difference between leather and synthetic materials. The…

Commercial Negotiation In Leather Sector Of Bangladesh (Part 1)

Supply ChainBy Footwear ExchangeOctober 30, 2020

Regardless of the industry, sector or function Commercial Negotiation is a key skill for Procurement & Supply chain professionals. Procurement & Supply chain professionals may be required to negotiate not…

Campus Ambassador

UncategorizedBy Footwear ExchangeOctober 25, 2020

What is Campus Ambassador program? Campus Ambassadors are Footwear Exchange’s informal position to students is not working from office and purely task-based assignment as per company need. It is initially…

Ethical & Responsible Sourcing in Leather Industry of Bangladesh-part 2

Supply ChainBy Footwear ExchangeOctober 23, 2020

Human rights Human rights are the statutory ways in which individuals expect to and should be treated The Universal Declaration of Human Rights – the five basic rights: Right to…

SMART goal setting is most practiced goal setting process. Everybody knows what SMART stand is. S – Specific / Simple / Sensible Goals that are specific have a significantly greater chance of being accomplished. To make a goal specific, the five W questions must be considered: - Who needs to be involved to achieve the goal? - What are trying to accomplish? - When to accomplishment deadline - Where to perform - Why needs this goal? M – Motivating / Meaningful A goal must motivate people or should have meaningful purpose. - Is the goal motivating individual? - Do this goal build competence? - Does this goal create energy or give full stress? A – Attainable / Achievable / Agreed This focuses on how important a goal is for individual. - Is this goal realistic, reasonable and ambitious? - Dos this require developing new skills or changing attitudes? - Does this goal remain individual’s control? R – Relevant / Resourced Relevance refers focusing on something that makes sense with the broader business goals. - Does this goal meaningful for the company? - Does this goal align with company or team goal? - Does this goal have connection with company’s other goal? T – Trackable / Time-Bound / Time-based A goal must have criteria for tracking progress. If there are no criteria, nobody can determine task progress. - How will goal progress measured? - How many times? - What is interval to throughout the process? Why STRAM approach? Because the most effective way to write goal statement with Specific (S) and Trackable (T) element beginning. • Leader should describe Specific goal statement first and give a general deadline • Leader needs to make sure goal is trackable and explain how performance will be measured. Once the S and T are in place, the leader and team member can review the other three elements - Relevant (R), Attainable (A) and Motivating (M)—to check if the goal is truly SMART. • Leader has the responsibility for making the goal Relevant by ensuring the goal is important and that accomplishing the goal will make a difference to the organization. • Leader and team member work together to make sure the goal is Attainable. It must be realistic and achievable. When a goal is too difficult to accomplish, people may give up—but when it is too easy, people tend to procrastinate. • Ultimately, each team member determines for themselves if the goal is Motivating by considering if it is exciting and meaningful. Will it drain energy from their work experience or add enjoyment? Will the goal help build competence, relationships, or autonomy? Happy SMART goal setting, in STRAM way!

STRAM – effective way to set SMART goal

CareerBy Footwear ExchangeOctober 23, 2020

SMART goal setting is most practiced goal setting process. Everybody knows what SMART stand is. S – Specific / Simple / Sensible Goals that are specific have a significantly greater…

10 Eco-Design

10 Eco-design Strategy for the Footwear Industry

DesignBy Footwear ExchangeOctober 23, 2020

Climate change and sustainability are the topics of the day. The climate change is a real problem that affects the worldwide population and needs to be faced and urgent actions…

New Globalization & Online Domination: opportunity and threats for Bangladesh Footwear Industry

Newsletter & ReportBy Footwear ExchangeOctober 17, 2020

NEW GLOBALISATION With the internet and the massification of communication, access to information and knowledge was also facilitated, as most global information flows through mass media, and nowadays, side by…

Ethical & Responsible Sourcing in Leather Industry of Bangladesh-Part 1

Supply ChainBy Footwear ExchangeOctober 16, 2020

The leather industry has been identified as a priority sector of Bangladesh based on its considerable growth and investment potential. Bangladesh has major advantages in developing its leather industry. Within…

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