Hidden Champions
From Wikipedia, the free encyclopedia
Hidden Champions: Lessons from 500 of the World's Best Unknown Companies by Hermann Simon 1996, 298 pages ISBN 0-87584-652-1.
Simon's hidden champion is a firm that:
- occupies the number one or two positions in its worldwide market, or
- is the number one position in its European market
- is a small- or medium-sized firm
- is "hidden" from the general business press
- have been in business for an average of 67 years
- average $120 million in annual revenues, 51.4% of which are exported
- are predominantly family-owned.