Hermann Simon (manager) in the context of "Hidden champions"

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⭐ Core Definition: Hermann Simon (manager)

Hermann Simon (born 10 February 1947) is a German author and businessperson. He is chairman of Simon-Kucher, 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. He is also known for coining the term Servicewüste.

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👉 Hermann Simon (manager) in the context of Hidden champions

Hidden champions are relatively small but highly successful companies that excel in their niche but are not well-known to the general public. The term was coined by Hermann Simon. He first used the term in 1990 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
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Hermann Simon (manager) in the context of Arri

Arri Group (/ˈæri/) (stylized as "ARRI") 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. It is cited by Hermann Simon as an example of a "hidden champion". The Arri Alexa camera system was used to shoot several films that won the Academy Award for Best Cinematography, including Hugo (2011), Life of Pi (2012), Gravity (2013), Birdman (2014), The Revenant (2015) and 1917 (2019).

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