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Hidden Champions of the Twenty-First Century: The Success Strategies of Unknown World Market Leaders (9780387981468): Hermann Simon: Books. From the reviews: “Hermann Simon’s detailed study of Hidden Champions is phenomenal in its depth and rich coverage. These mid-size leaders carry lessons for large, medium, and small companies about the importance of focus, quality, service, innovation, and closeness to the customer, lessons that many of our largest Fortune 500 companies have forgotten.” (Philip Kotler, S. C. Johnson & Son Distinguished Professor of International Marketing, Kellogg School of Management, Northwestern University) “This book shows that the Hidden Champions of the 21st Century go their own ways. This exactly is their success secret.” (Hans Riegel, Managing Director and Co-Owner, Haribo) “The Hidden Champions prove that even management in the 21st Century should be based on healthy common sense. By improving upon the small things every day, a company can ascend to world market leadership.” (Reinhold Wuerth, Chairman of the Board, Wuerth Group, World Market Leader in Assembly Products) “The Hidden Champions go their own way. The secret to their success is common sense, vision and flexibility - qualities that aren’t easy to find.” (The Wall Street Journal) “In Simon’s viewpoint, resistance to management fads is a strength, not a weakness. For decades the best companies have been thriving by eschewing complexity, avoiding diversification and focusing on their core skills. The rest of the world is only beginning to catch up.” (The Economist) ‘Hidden champions’ are virtually unknown to the public. … What is the secret to their success and uniqueness? Hermann Simon has been researching and dissecting these companies and their strategies for over 20 years. … The targets of hidden champions are aimed at growth and market leadership. … Hidden champions have created new competitive advantages in the form of advice and systems integration. … hidden champions of the 21st century follow their own path – and do so with more decisiveness and success than ever before. (German American Trade, September-October, 2009) Hidden Champions of the 21st Century: Lessons from 500 of the World’s Best Unknown Companies by Hermann Simon highlights low profile global businesses … leaders in their given markets. Simon, a visiting Professor at Harvard, claims that there is more to be learned from these ‘hidden’ companies than those in the media limelight. The book is written for those who have a good grasp of management theory … . (Anoop Maini, Professional Manager, Vol. 18 (5), September, 2009) Hermann Simon has been studying ‘Hidden champions’ for more than twenty years … . he mainly focuses on the influence of globalisation on these companies. ‘Hidden champions’ are medium-sized, unknown companies that have become the market leaders in their industries. … ‘Hidden champions’ focus more on service, the needs and wants of customers and on excellent performance … . This book was written for those who are interested in international business operations and for mangers of all types of companies … . (Supply Chain Movement, October, 2009) This is a book that deserves careful study. … The material covered reinforces and confirms the evidence that underpins the author’s original identification of the hidden champions. … This book is a welcome and timely reminder of the need to get back to basics reinforced by numerous documented examples that demonstrate incontrovertibly and organisations that do so are most likely to succeed in achieving their goals. (Michael J. Baker, Journal of Customer Behaviour, Vol. 8 (4), 2009) “Must read book for growth firms wanting to dominate their industry is Hermann Simon’s Hidden Champions of the 21st Century. … Hermann Simon notes, based on his research of the world’s top mid-market companies, that they a[6780] What do Tetra aquarium supplies, Elector-Nite sensors, and Nissha touch panels have in common? They are typical hidden champions, medium-sized, unknown companies (with annual revenues under $4 billion) that have quietly, under the radar, become world market leaders in their respective industries. Hermann Simon has been studying these hidden champions for over 20 years, and in this sequel to his worldwide bestseller, Hidden Champions, he explores the dramatic impact of globalization on these companies and their outstanding international success. Going deep inside more than a thousand hidden champions around the world, Simon reveals the common patterns, behaviors, and approaches that make these companies successful, and, in many cases, able to sustain world market leadership for generations, despite intense competition, financial pressures, and constantly evolving market dynamics. In the tradition of In Search of Excellence, Built to Last, and Good to Great, Simon identifies the factors in business operations, customer service and marketing, innovation, human resources management, organizational design, leadership, and strategy that separate these outstanding performers from the rest of the pack – and from the large corporations of the day. In the process, he provides a glimpse behind the curtains of many secretive companies who buck today’s management fads, and succeed instead through such common-sense strategies as focusing on core capabilities, delivering real value to the customer, establishing long-term relationships, innovating continuously, rewarding employees for performance, decentralized operations, and developing an unparalleled global presence. Hidden champions teach us that good management means doing many small things better than the competition—quietly, with determination, commitment, and never-ending stamina. And 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. The hidden champions provide invaluable lessons for all stakeholders in the business community, from entrepreneurs to corporate managers, investors to employees, union organizers to regulators, advanced and emerging countries and may well serve as the new role models for sustainable economic growth in the globalized world of the future.
Shipping Weight: 2 pounds
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