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Hidden Champions: Strategic Logic of Innovation

In: Hidden Champions Case Compendium

Author

Listed:
  • Hermann Simon

    (Simon-Kucher & Partners, Strategy & Marketing Consultants)

Abstract

Hidden champions are characterized in their ambitious pursuit of market leadership by a strategy of focus and depth, continuous internationalization efforts, and a consistent focus on innovation. For them, market leadership means much more than just reporting the largest market share. They lead their customers, competitors, and markets by establishing standards and setting benchmarks. Consistently creating competitive advantages in technologies, services, and system integration that are difficult to imitate, hidden champions succeed in raising the barriers to entry for new competitors.

Suggested Citation

  • Hermann Simon, 2024. "Hidden Champions: Strategic Logic of Innovation," Springer Books, in: Jan-Philipp Büchler & Christina Hoon (ed.), Hidden Champions Case Compendium, pages 3-19, Springer.
    • Handle: RePEc:spr:sprchp:978-3-658-44300-9_1
    DOI: 10.1007/978-3-658-44300-9_1
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