Hidden champions of the twenty-first century: the success strategies of unknown world market leaders

What do Tetra aquarium supplies, Elector-Nite sensors, and Nissha touch panels have in common? They are typical “hidden champions, medium-sized, unknown companies that have quietly, under the radar, become world market leaders in their respective industries. Going deep inside more than a thousand hidden champions around the world, Hermann Simon reveals the common patterns, behaviors, and approaches that make these secretive companies successful by bucking today’smanagement fads, and pursuing such common-sense strategies as focusing on core capabilities, establishing long-term relationships with customers, innovating continuously, rewarding employees for performance, and developing a global presence. In turbulent economic times, the hidden champions represent an antidote to the short-sighted and excessive practices that have brought many corporate giants crashing down, and may well serve as the new role models for sustainable economic growth. Best practices of the world’s most successful “hidden companies—with lessons that can be applied in any type of organization, large orsmall Showcases unusual companies that provide an alternative to the well-known multinationals that are struggling in the current financial crisis Considers the impact of globalization and information/communication technologies on the prospects of smaller companies

• ISBN: 978-0-387-98146-8
• Editorial: Springer
• Encuadernacion: Cartoné
• Páginas: 450
• Fecha Publicación: 01/08/2009
• Nº Volúmenes: 1
• Idioma: Inglés