Hidden Champions: Lessons from 500 of the World's Best Unknown Companies

Simon, Hermann

ISBN 10: 0875846521 / ISBN 13: 9780875846521

Published by Harvard Business School Pr, 1996

About this Item

This copy has clearly been enjoyedâ expect noticeable shelf wear and some minor creases to the cover. Binding is strong, and all pages are legible. May contain previous library markings or stamps.

Seller Inventory # DBV.0875846521.A

Bibliographic Details

• Title: Hidden Champions: Lessons from 500 of the World's Best Unknown Companies
• Publisher: Harvard Business School Pr
• Publication Date: 1996
• Language: English
• ISBN 10: 0875846521
• ISBN 13: 9780875846521
• Binding: Hardcover
• Edition: 4th Edition
• Condition: acceptable

About this title

Synopsis

Describes the management techniques followed by lesser-known companies that have, nonetheless, attained global market shares of seventy percent

Reviews

German business consultant Simon suggests that there is much to learn from studying the practices of lesser-known companies that have quietly succeeded in unique or specialized market niches. Because Simon is based in Bonn, most--but not all--of his examples are German. They all are, however, relatively unknown, small or midsize, and worldwide leaders in their markets, making mundane products, such as bottle-labeling machines, model railways, incense, potting soil, and museum display cases. Using secondary sources, printed company materials, a mailed questionnaire, and personal interviews, Simon discovered that these companies grow slowly, compete in stable markets, are long-lived, tend to be family owned or closely held, and prefer to shun publicity to avoid attracting competition. They also concentrate on developing their own specialties, avoiding such currently popular management practices as diversification, strategic alliances, and outsourcing. Simon's findings run counter to much of what today's management literature advocates, and they should attract attention! David Rouse