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Hidden Champions
Hidden champions are relatively small but highly successful companies that are concealed behind a curtain of inconspicuousness, invisibility, and sometimes secrecy. The term was coined by Hermann Simon. He first used the term as a title of a publication in a scientific German management journal, describing the small, highly specialized world-market leaders in Germany. According to his definition, a company must meet three criteria to be considered a hidden champion: * Number one, two, or three in the global market, or number one on the company's continent, determined by market share * Revenue below $5 billion * Low level of public awareness Discovering hidden champions The first English book about the subject was Hermann Simon's ''Hidden champions: lessons from 500 of the world's best unknown companies''. The book explores how Germany was able to consistently be (at the time) the number one exporter in the world. While Germany has global corporations like Volkswagen, Siemens, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hermann Simon (manager)
Hermann Simon (born 10 February 1947) is a German author and businessperson. He is chairman of Simon-Kucher & Partners, a strategy and marketing consultancy. He is a strategy, marketing and pricing consultant. An ongoing online German-language survey voted him the second-most influential management thinker. Simon has authored numerous books and writes articles for international newspapers and business magazines. Short biography * 1947 Born in Hasborn/ Eifel, Germany * 1966 High School leaving A-levels certificate, Cusanus High School, Wittlich * 1967-1969 German Air Force, fighter bomber squadron 33, reserve officer * 1969-1973 Studies of economics and business administration in Cologne and Bonn * 1974-1979 Ph.D. and qualification as a university professor under Horst Albach in Bonn * 1979-1989 Professor at the University of Bielefeld * 1989-1995 Professor at the University of Mainz * 1983-2002 Various guest professorships and visiting researcher positions: Massachusetts Instit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Mittelstand
commonly refers to a group of stable business enterprises in Germany, Austria and Switzerland that have proved successful in enduring economic change and turbulence. The term is difficult to translate and may cause confusion for non-Germans. It is usually defined as a statistical category of small and medium-sized enterprises (SMEs; german: kleine und mittlere Unternehmen or german: KMU) with annual revenues up to 50 million Euro and a maximum of 500 employees. However, the term is not officially defined or self-explanatory, so the English expression “small and medium-sized enterprises” is not necessarily equivalent to the Mittelstand. In fact, even larger and often family-owned firms claim to be part of the Mittelstand, such as Robert Bosch, based on the Mittelstand's positive connotations. The term mainly applies to mid-sized firms as opposed to larger listed companies and, more importantly, Mittelstand companies are characterized by a common set of values and management ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Embraer
Embraer S.A. () is a Brazilian multinational aerospace manufacturer that produces commercial, military, executive and agricultural aircraft, and provides aeronautical services. It was founded in 1969 in São José dos Campos, São Paulo, where its headquarters are located. The company is the third largest producer of civil aircraft, after Boeing and Airbus. History Seeking to develop a domestic aircraft industry, the Brazilian government under Getúlio Vargas' Estado Novo made several investments in the aerospace industry during the 1940s and 1950s. However, it was not until 1969, following the rise to power of a military junta in the 1964 Brazilian coup d'état, that Empresa Brasileira de Aeronáutica (Embraer) was created as a government-owned corporation.. Its first president, Ozires Silva, was a government appointee, and the company initially only produced a turboprop passenger aircraft, the Embraer EMB 110 Bandeirante. Early growth The Brazilian government contribute ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DELO Industrial Adhesives
DELO Industrie Klebstoffe GmbH & Co. KGaA (inherent spelling: DELO; international brand name: DELO Industrial Adhesives) is a leading manufacturer of industrial adhesives and equipment for dispensing as well as curing adhesives. The company has its headquarters in Windach near Munich, Germany, and employs 780 people. It operates worldwide from subsidiaries in the US, China, Singapore and Japan as well as representative offices in South Korea, Taiwan and Malaysia. Customers include Bosch, Huawei, Siemens und Sony. Founded in 1961, Sabine and Wolf-Dietrich Herold took over DELO in the course of a management buy-out and converted it into an independent, owner-managed company. Products and technology Adhesives, potting compounds and optical materials from DELO are mainly used for microelectronic and optical applications in consumer electronics and the automotive industry. The company specializes in UV curing UV curing (ultraviolet curing) is the process by which ultraviolet light i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
De La Rue
De La Rue plc (, ) is a British company headquartered in Basingstoke, England, that designs and produces banknotes, secure polymer substrate and banknote security features (including security holograms, security threads and security printed products) for central banks and currency issuing authorities. It is listed on the London Stock Exchange. History The company was founded by Thomas de la Rue, who moved from Guernsey to London in 1821 and set up in business as a 'Leghorn' straw hat maker, then as a stationer and printer. In 1831 he secured his business a Royal Warrant to produce playing cards. In 1855 it started printing postage stamps and in 1860 banknotes. The company's first banknotes were made for Mauritius. In 1896, the family partnership was converted into a private company. In 1921, the de la Rue family sold their interests. The company was first listed on the London Stock Exchange in 1947. Then called ''Thomas De La Rue & Company, Limited'', it changed its nam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Corticeira Amorim
Corticeira Amorim S.G.P.S., S.A., is a Portuguese subholding company belonging to the Amorim Group and claims to have been the world leader in the cork industry for over 130 years, with operations in hundreds of countries all over the world. Corticeira Amorim is responsible for the management of 70 companies engaged in the cork manufacture, research, development, promotion and sale of products and new solutions for the cork industry. António Rios de Amorim is the company’s Chairman and CEO. Organized in five Business Units – Raw-Materials, Cork Stoppers, Floor & Wall Coverings, Composite Cork and Insulation Cork – Corticeira Amorim sells an array of products largely to such industries as the aeronautical, construction and wine-producing industries; a result of the investment made in R&D. Amorim's holding company is listed on the Euronext Lisbon stock exchange. Company The company’s share capital is €133 million. In 2007, Corticeira Amorim registered a positive growth ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Brainlab
Brainlab is a privately held German medical technology company headquartered in Munich, Bavaria. Brainlab develops software and hardware for radiotherapy and radiosurgery, and the surgical fields of neurosurgery, ENT and craniomaxillofacial, spine surgery, and traumatic interventions. Their products focus on image-guided surgery and radiosurgery, digital operating room integration technologies, and cloud-based data sharing. History Brainlab was founded in Munich in 1989, by CEO Stefan Vilsmeier, at age 17. The first Brainlab product was a mouse-controlled, menu-driven surgical planning and navigation software introduced in 1990 at the University of Vienna and exhibited at the Congress of Neurological Surgeons (CNS) Annual Scientific Meeting in Washington, D.C. in 1992. In 1993, Brainlab developed a linear accelerator-based system for stereotactic radiosurgery using micromultileaf collimators. Three years later, Brainlab entered into a partnership with Varian, Inc., which ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bobcat Company
Bobcat Company is an American-based manufacturer of farm and construction equipment. Its American headquarters is in West Fargo, North Dakota, formerly in Gwinner, North Dakota. Its European headquarters moved in 2017 from Waterloo, Belgium, to Dobříš, Czech Republic (where Bobcat operates one of its European manufacturing plants). It was a subsidiary of the Ingersoll Rand Company from 1995 until July 2007, when it was sold for US$4.9 billion to Doosan Infracore. The company sells skid steer loaders, compact excavators, side-by-sides, compact tractors, and other small hydraulic equipment under the Bobcat brand name. It is one of the few major manufacturing companies operating in North Dakota. History In the 1950s, Louis and Cyril Keller operated Keller Welding and Repair near Rothsay, Minnesota. In 1956, Eddie Velo, a turkey farmer in the area, described to the Kellers a need for a machine small enough to maneuver inside a pole barn and light enough to operate on its u ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Heavy-lift
An airlift is the organized delivery of supplies or personnel primarily via military transport aircraft. Airlifting consists of two distinct types: strategic and tactical. Typically, strategic airlifting involves moving material long distances (such as across or off the continent or theater), whereas a tactical airlift focuses on deploying resources and material into a specific location with high precision. Depending on the situation, airlifted supplies can be delivered by a variety of means. When the destination and surrounding airspace is considered secure, the aircraft will land at an appropriate airport or airbase to have its cargo unloaded on the ground. When landing the craft or distributing the supplies to a certain area from a landing zone by surface transportation is not an option, the cargo aircraft can drop them in mid-flight using parachutes attached to the supply containers in question. When there is a broad area available where the intended receivers have ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Beluga Shipping
Beluga Shipping was a German heavy-lift shipping company in the Hanseatic city of Bremen. It was a world market leader in heavy-lift shipping and also highly innovative in related fields. As such, it was the first to equip ships of its fleet with SkySails that can reduce fuel consumption by up to 5%, and was the first company to send a heavy-lift ship from Europe to Asia along the Northern Sea Route through the Arctic Ocean rather than through the Suez Canal. The company was declared insolvent in March 2011, affecting 670 employees. History Beluga Shipping was founded in Bremen in December 1995 by entrepreneur Niels Stolberg, initially as a cargo operator. In 1998, the company acquired its first vessel, the multipurpose heavy-lift carrier MV ''Beluga Obsession''. In 1999, the company built its first new vessel, the MV ''Werder Bremen.'' Beluga Shipping grew significantly during the following years. By May 2010, 69 multipurpose heavy-lift carriers were in service for the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Belfor
Belfor is a multinational corporation that sells recovery and restoration services, for the purpose of restoring structures damaged as a result of fires, floods, and natural disasters. Ownership history Belfor begins as Quality Awnings & Construction in Dearborn, Michigan in 1946. The company changed its name to Inrecon L.L.C. (for ''In''surance ''Recon''struction) in 1981. Taylor, Michigan-based Masco bought 25 percent of the company in 1997, and completed its purchase of Inrecon in 1999. Haniel EnviroServices, a new division of the old European conglomerate Haniel, begins in Germany in 1980. Its name is changed to Belfor in 1998. Masco sold Inrecon to Haniel in 2001 and Inrecon became part of Belfor. At the time Inrecon had annual sales of $180 million and employed 1,000 staff. As of February 2019, Belfor Holdings Inc. was in discussions regarding a potential sale to the American Securities equity firm. These were concluded successfully in April 2019. United States ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
ARRI
The Arri Group () is a German manufacturer of motion picture film equipment. Based in Munich, the company was founded in 1917. It produces professional motion picture cameras, lenses, lighting and post-production equipment. Hermann Simon mentioned this company in his book ''Hidden Champions of the 21st Century'' as an example of a " hidden champion". The Arri Alexa camera system was used to film Academy Award winners for Best Cinematography including '' Hugo'', '' Life of Pi'', ''Gravity'', '' Birdman'', '' The Revenant'' and '' 1917''. History Early history Arri was founded in Munich, Germany on 12 September 1917 by August Arnold and Robert Richter as Arnold & Richter Cine Technik. The acronym ''Arri'' was derived from the initial two letters of the founders' surnames, ''Ar''nold and ''Ri''chter. In 1924, Arnold and Richter developed their first film camera, the small and portable Kinarri 35. In 1937, Arri introduced the world's first reflex mirror shutter in the Arriflex ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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