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Hidden Champions Research Goes Global

The Alliance of Management Development Associations in Rising Economies is set to discover Hidden Champions in rising economies around the world!

The Alliance in cooperation with IEDC-Bled School of Management is proud to announce the launch of the third cycle of research on innovative and highly successful companies also known as hidden champions, a research project originally launched by one of the Alliance members - CEEMAN, The International Association for Management Development in Dynamic Societies.

These companies are highly successful, innovative, and differentiated small and medium-sized enterprises that are global leaders in terms of market share in their respective niches. The concept of hidden champions was developed by German professor Dr. Hermann Simon in the 1990’s when he was analysing the striving success of the German economy. In the course of his research, it has come to his attention that the export-oriented German economy is building its expansion to a considerable extent on globally successful companies which, however, remain largely unknown to the general public; thus, the name hidden champions. The research resulted in several books written by Dr. Hermann Simon, with the main book “Hidden Champions of the 21. Century” achieving bestseller status.

In 2022, under the umbrella of the Alliance of Management Development Associations in Rising Economies, in which CEEMAN is at the moment in lead position, a global research on hidden champions is launched. The research will include countries of Central and Eastern Europe, South America, Africa and Asia! The research will provide essential insights into the critical drivers of success, market leadership positions, competitive advantage, and core lessons learned on the road to business prosperity. It will also address development needs in connection with management, financing and the regulatory environment. From this, recommendations will be made to various stakeholders (e.g. governments, financial institutions, management development institutions) to support hidden champions, as well as other companies, in their continued growth and business success.

More info on the new research at: https://www.ceeman.org/news/hidden-champions-research-goes-global-in-2022!

Contact: Dr. Denis Berberović, lead researcher, denis.berberovic@iedc.si

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