Hidden Champions: Lessons from 500 of the World's Best Unknown Companies

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Hidden Champions reveals the strategies and practices of hundreds of low-profile super-performers. While most of our role models for excellence are large or growing companies that create highly visible products and services, behind the headlines lies a group of global competitors-unknown even to the general business community-that have attained global market share of over 70 percent. These companies-small and mid-size niche firms that make products like buttons, harmonicas, and gummi bears-are all great innovators. Many have created their own markets. They avoid outsourcing, diversification, and strategic alliances. Instead, they have developed unmatchable internal competencies.