Hidden Champions in the Chinese Century by Hermann Simon

Hidden Champions in the Chinese Century by Hermann Simon

“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.

Simon-Kucher & Partners, the world's top price consultant with over 40 offices in 24 countries, was founded by Hermann Simon, who also serves as honorary chairman. He is regarded the world's top authority on price strategy, having been named to the Thinkers50 list of the most prominent international management thinkers. Simon has written over 40 books, which have been translated into 27 languages, including the international bestsellers Hidden Champions, Confessions of the Pricing Man, Price Management, and Real Profit! He was the CEO of Simon-Kucher & Partners from 1995 till 2009. Simon was a professor of business administration and marketing at the Universities of Mainz (1989-1995) and Bielefeld (1979-1989) before dedicating himself solely to management consulting. He was also the president of the European Marketing Academy (EMAC) and a columnist for Manager-Magazin, Germany's leading business magazine (1988-2015).Simon studied economics and business administration at the Universities of Cologne and Bonn, where he graduated in economics and obtained his Ph.D. in the science of management He's won a slew of foreign honors, including three honorary doctorates. He is an honorary professor at Beijing's University of International Business and Economics, and his business school, the Hermann Simon Business School, is named after him in Shouguang, China.