Hidden Champions - Breakthrough in Globalization

What unites manufacturers of aquariums and related products Tetra, pipeline control systems Rosen, plastic bearings Igus, and retractable leashes Flexi? They are all typical "hidden champions," unknown mid-sized companies that have quietly become leaders in the global market in their industries.
Hermann Simon, who has studied the stories of "hidden champions" for more than 30 years, discusses their incredible international success and colossal impact on globalization in his new book.
By thoroughly analyzing the activities of over a thousand "hidden champions" worldwide, Simon reveals common trends, behaviors, and approaches that ensure the success of these companies and often help maintain their leadership in the global market from generation to generation, despite tough competition, financial difficulties, and changing market conditions. He discusses methods of conducting business and customer service, marketing, innovation, human resource management, organizational models, management characteristics, and strategies that set these outstanding enterprises apart from the general mass of companies and modern large corporations. Furthermore, the author gives readers a glimpse behind the scenes of many successful but non-public companies that disregard modern management concepts.
"Hidden champions" prove that good management is the ability to do things better than competitors - calmly, purposefully, and with a commitment to their work. In times of a crisis economy, the approach of the "hidden champions" is an antidote to the shortsighted and unnecessary practices that have befallen many corporate giants.