"Hidden Champions" are medium-sized, unknown companies with annual
revenues under $5 billion that have quietly, under the radar, become
world market leaders in their respective industries. In this new
instalment to his worldwide bestselling Hidden Champions volumes,
Hermann Simon takes readers on in-depth exploration of the ever changing
operating conditions and the greater uncertainty and volatility that
defines the global business sphere over the next ten years. In
particular, in this book he focuses on China's continued impact on the
business world since its rise in the global business and economic sphere
over recent decades. In this regard, Dr. Simon shows the reader how the
current status evolved, and then offers concrete and actionable
recommendations. New driving forces such as digitalization, business
ecosystems and sustainability receive special attention. While the main
focus is on companies in German-speaking countries as they comprise 56
percent of the world's Hidden Champions, the success factors mentioned
in this book can be applied globally to mid-sized companies in other
regions as they strive to become global market leaders.
Whether a company is a "Hidden Champion", aspires to be one, or wants to
emulate their success model, Dr. Simon's new book provides essential
food for thought as executives and managers chart their course into the
future.
